| Economic Policy Issues for the Next Decade 2004 Edition Contributor(s): Aiginger, Karl (Editor), Hutschenreiter, G. (Editor) |
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ISBN: 1402077157 ISBN-13: 9781402077159 Publisher: Springer OUR PRICE: $104.49 Product Type: Hardcover - Other Formats Published: December 2003 Annotation: There are several reasons why it has become important to rethink economic policy. Out of the European perspective it is the new currency, the enlargement towards Central and Eastern European countries, the sluggish growth and the end of productivity convergence towards the USA and the insufficient creation of employment. From the transatlantic perspective increasing differences in the economic policy and the potential rise of conflicts between Europe and the USA, for example, in trade, competition and health issues are important. The current volume touches most, but not all of these topics. It starts with the overview by Joseph Stiglitz on policy issues. Then macroeconomics policy is discussed, followed by the problem of an ageing society and European enlargement. Differences between Europe and the USA are large in taxation and in the role of public finance. The relative competitiveness of countries as well as of Europe will be decided by investments into new technologies and progression towards the Science Based Economy. In the final section the role of economists in shaping the economic agenda and giving policy advice is discussed. |
| Additional Information |
| BISAC Categories: - Business & Economics | International - Economics - Political Science | Public Policy - Economic Policy - Political Science | Globalization |
| Dewey: 330.94 |
| LCCN: 2004299004 |
| Physical Information: 0.45" H x 6.26" W x 9.88" (1.38 lbs) 306 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 7 RZB Niederosterreich Wien, Osterreichische Lotterien, RLB Steiermark, Oester- reichische Nationalbank, Bundesarbeitskammer, and Wirtschaftskammer Osterreich. We thank lise Schulz and Marianne Uitz for editing this volume. REFERENCES Aiginger, K., The New European Model of the Refonned Welfare State, Stanford University, European Forum Working Paper 2002, (2). Gordon, R. I., Two Centuries of Economic Growth: Europe Chasing the American Frontier, Paper prepared for the Economic History Workshop, Northwestern University, Chicago, 2002. JOSEPH E. STIGLITZ ECONOMIC POLICY FOR THE 21 ST CENTURY The subject of this lecture is economic policy issues for the 21 st century. This is obviously a very ambitious title and I will only be able to talk on a few selected topics. I th was very pleased with the invitation to come and address this 75 anniversary. First because of the importance that I associate to institutions like the WIFO as part of the democratic processes by which economic policy decisions get made - that is one of the themes that I am going to come back to. Second, of course, because the fact that the WIFO was founded by von Hayek and von Mises makes it a very interesting institution for any economist. The events of the last 75 years could hardly have been anticipated by either von Mises or von Hayek in the 1920s when the institution was founded. Nor I am not sure that they would have anticipated the way the economic science has changed. |