LEADER 05830nam 2200793Ia 450 001 9910959394603321 005 20200520144314.0 010 $a9786611125134 010 $a9781281125132 010 $a128112513X 010 $a9780881324495 010 $a0881324493 010 $a9781435616417 010 $a1435616413 035 $a(CKB)1000000000481517 035 $a(EBL)3385465 035 $a(SSID)ssj0000261468 035 $a(PQKBManifestationID)11191769 035 $a(PQKBTitleCode)TC0000261468 035 $a(PQKBWorkID)10256791 035 $a(PQKB)10937303 035 $a(MiAaPQ)EBC3385465 035 $a(Au-PeEL)EBL3385465 035 $a(CaPaEBR)ebr10202512 035 $a(CaONFJC)MIL112513 035 $a(OCoLC)427506912 035 $a(Perlego)773509 035 $a(EXLCZ)991000000000481517 100 $a20030815d2004 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aTransforming the European economy /$fMartin Neil Baily, Jacob Funk Kirkegaard 205 $a1st ed. 210 $aWashington, D.C. $cInstitute for International Economics ;$a[London $cEurospan, distributor]$d2004 215 $a1 online resource (357 p.) 300 $aDescription based upon print version of record. 311 08$a9780881323436 311 08$a0881323438 320 $aIncludes bibliographical references and index. 327 $a""Cover""; ""Contents""; ""Preface""; ""Acknowledgments""; ""Chapter 1 New Policies and New Goals for Changing Times""; ""The Need for Sustained Economic Reform in Europe""; ""Reform Progress to Date""; ""A Framework for Transforming the European Economy""; ""Summarizing the Nature of the Reform Proposals""; ""Feasibility of Reform Proposals""; ""Chapter Summaries""; ""Concluding Remarks""; ""Chapter 2 Europe's Postwar Success and Subsequent Problems""; ""What Drove Rapid Growth in Postwar Europe?""; ""The European System's Advantages for Postwar Catch-Up"" 327 $a""The 1973-95 Global Growth Slowdown""""The Impact of Slower Productivity Growth: The US Lesson""; ""The Impact of the Productivity Growth Slowdown on the European Economy""; ""Cyclical and Structural Sources of Low Employment""; ""Skill Differences and the Distribution of Wages""; ""Taxes, Transfers, and the Willingness to Work""; ""Demographic Changes: Extended Life Expectancy and Changes in Cohort Size""; ""The Possibility of an Unstable Labor Market: A Warning Parable""; ""Economic Performance since 1995""; ""The Diagnosis""; ""Appendix 2.1 A Model of Employment and Productivity"" 327 $a""Chapter 3 What Drives Productivity Growth and How to Improve It in Europe""""Policy Implications of the OECD Growth Analysis""; ""Understanding What Drives Productivity Improvements Based on US Experience""; ""Can Growth Accounting Track US Productivity Trends and Reveal the Role of IT?""; ""Industry Data and Case Studies: How Much More Do They Explain?""; ""A Summary Explanation for the Post-1995 Improvement in US Productivity Growth""; ""Case Study Evidence on the Importance of Regulation and Competition in Europe"" 327 $a""Lessons for Europe about Procompetitive Productivity-Enhancing Regulation""""The Role of IT in Productivity in Europe: Is an IT Policy Needed?""; ""The Role of IT in European Economic Growth""; ""Chapter 4 The Productivity Puzzle in Britain""; ""Economic Performance in the Postwar Period""; ""Resolving the Productivity Puzzle: Capital, Skills, and Other Factors""; ""Productivity Differences Associated with Nationality of Ownership and with Being Part of a Multinational Company""; ""Case Study Evidence of Barriers to Productivity in Britain"" 327 $a""Why Does the OECD Conclude that Product Markets in Britain Are Deregulated?""""Conclusions on the Productivity Gap in Britain""; ""Chapter 5 Reforming the Labor Market and Social Programs""; ""Reform and European Labor-Market Values""; ""Social Policy Reforms""; ""The Wage-Setting Process: Making Jobs Available""; ""Labor-Market Reforms: European Solutions That Have Raised Employment""; ""Appendix 5.1 The Nonobserved Economy, Undeclared Work, and European Economic Reforms""; ""Chapter 6 What Europe Should Do: Getting the Macroeconomics Right""; ""The Stability and Growth Pact"" 327 $a""Fiscal Policy Leading Up to and after the SGP"" 330 8 $aEurope grew rapidly for many years, but now, faced with greater challenges, several of the large economies in Europe have either failed to generate enough jobs or have failed to achieve the highest levels of productivity or both. This study explores why Europe's growth slowed, what contribution information technology makes to growth, and what policies could facilitate economic transformation. It emphasizes a system with strong work incentives and a high level of competitive intensity. Europe doesn't need to eliminate its protections for individuals, the authors conclude, but both social programs and policies toward business must be reoriented so that they encourage economic change. 606 $aStructural adjustment (Economic policy)$zEurope 606 $aMicroeconomics 607 $aEurope$xEconomic conditions$y21st century 607 $aEurope$xEconomic policy 615 0$aStructural adjustment (Economic policy) 615 0$aMicroeconomics. 676 $a338.5094 686 $a83.40$2bcl 686 $aQG 100$2rvk 686 $aQM 430$2rvk 700 $aBaily$b Martin Neil$0147315 701 $aKirkegaard$b Jacob F$01844152 712 02$aInstitute for International Economics (U.S.) 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910959394603321 996 $aTransforming the European economy$94426387 997 $aUNINA