pt. 1. Global growth, inequality, saving, investment and indebtedness -- pt. 2. Regionalization and globalization of trade -- pt. 3. From centrally planned to market economy -- pt. 4. Internationalization and integration of markets -- pt. 5. Global environment and resource problems

Experts present their analyses of historical developments as well as new economic challenges for the European Union. Contributors, representatives from major banks and academia, point out the dramatic economic shifts among and within Europe, Asia, and the United States. At the bottom line of...

Globalizing Europe examines the involvement of the European Union in the deepening integration that results as trade and transnational production link markets and economic systems across the world. This process is posing a unique challenge to European decision-makers to implement measures that...

This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...

Broadening and deepening of economic and political integration are hallmarks of the EU and ASEAN. This book critically analyses the economic and institutional changes in both Europe and Asia. There is considerable potential for instability, but one also finds regional growth opportunities....

Norway has a well-functioning labour market with high employment and a compressed wage distribution, contributing to low inequality. Norway nevertheless faces challenges from a trend decline in employment rates among the young and prime-age men. Furthermore, immigrants and people with...

In the context of exports expansion, we want to evaluate the ability of natural resource-abundant countries to reduce their dependence on natural resource exploitation in the long run. Specifically, we measure exports diversification in Chile and Norway in order to measure how they responded to...