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書名 Competitiveness in the European economy / edited by Stefan Collignon and Piero Esposito
出版項 New York : Routledge, Taylor & Francis Group, 2014
國際標準書號 9780415712323 (hardback)
book jacket
館藏地 索書號 處理狀態 OPAC 訊息 條碼
 人社中心  HC286.8 C665 2014    在架上    30560400463938
說明 xiii, 216 pages : illustrations ; 25 cm
text rdacontent
unmediated rdamedia
volume rdacarrier
系列 Routledge studies in the European economy
附註 Includes bibliographical references and index
"This book deals with the relationship between the competitiveness of countries in Europe and the analysis of macroeconomic imbalances. It focuses mainly on a European analysis, along with special studies of the German economy, which is rarely considered to be a cause for the current crisis. The book also compares Germany with Italy, providing a comparative perspective on structural reforms. The first part of this book analyses macroeconomic imbalances based on a new framework from the analysis of the flow of founds rather than balance of payments, and presents an alternative measure of unit labour cost comparisons to investigate the relationship between imbalances and competitiveness. The second part is dedicated to the analysis of the trade performance of Germany and Italy and the sustainability of the German model in the EMU. The third part describes the reform policies implemented by Germany and their effect on imbalances; this includes wage moderation, the labour market reforms and weak labour demand. The final part explores the regional inequalities within Germany and Italy, providing useful lessons regarding fiscal federalism and regional banking developments.In conclusion, a big part of the problems within the Euro Area are generated by the use of a wrong framework of analysis, where the EMU is considered as a fixed exchange rate regime and not a single country. This book provides an alternative view which holds at the core the relationship between sectors. It is stressed throughout the book that the German behaviour has contributed to the rise of imbalances between countries due to its growth model, not suitable for a big developed country in a currency union. This book also finds that stressing banking integration within countries helps to reduce regional inequalities, which has important implications for the management of Europe's future banking union and macroeconomic imbalances"-- Provided by publisher
"This book deals with the relationship between the competitiveness of countries in Europe and the analysis of macroeconomic imbalances. It focuses mainly on a European analysis, along with special studies of the German economy, which is rarely considered to be a cause for the current crisis. The book also compares Germany with Italy, providing a comparative perspective on structural reforms
主題 BUSINESS & ECONOMICS / General. bisacsh
BUSINESS & ECONOMICS / Economics / Comparative. bisacsh
BUSINESS & ECONOMICS / International / Economics. bisacsh
Germany -- Economic conditions -- 21st century
Italy -- Economic conditions -- 21st century
Competition -- European Union countries -- History -- 21st century
Euro -- History -- 21st century
Business cycles -- European Union countries -- History -- 21st century
Alt Author Collignon, Stefan, 1951-
Esposito, Piero
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