Globalization, Economic Growth and Innovation Dynamics (9783642085154)

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In the new global economy, more countries have opened up to international competition and rapid capital flows. However, in the triad the process of globalization is rather asymmetric. With a rising role of multinational companies there are favorable prospects for higher global growth and economic catching-up, respectively. Theoretical analysis suggests key ingredients of sustained growth, but there is also a new concept of a long-term equilibrium income gap in which convergence is rather unlikely. The analysis also picks up European and US labor market issues in the context of economic globalization and raises the question of which EU policies in the field of labor market reform and of innovation policies are adequate.

Product details

• Format Paperback | 198 pages
• Dimensions 155 x 235 x 11.43mm | 454g
• Publication date 15 Dec 2010
• Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
• Imprint Springer-Verlag Berlin and Heidelberg GmbH & Co. K
• Publication City/Country Berlin, Germany
• Language English
• Edition Statement Softcover reprint of hardcover 1st ed. 1999
• Illustrations note 15 Tables, black and white; X, 198 p.
• ISBN10 3642085156
• ISBN13 9783642085154

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