Modern macroeconomics suffers from an unclear link between short-term Keynesian analysis and long-term growth modelling. This book presents a new link between monetary analysis and growth modelling in open economies. Structural change, innovations and growth are considered from a new...

This book analyzes growth at the total economy and industry level from an international perspective, providing unique cross-country comparisons. The authors focus on the EU-25 countries but also include the US, Japan and Korea. The chapters explore growth patterns from a long-run perspective,...

Economic progress in the digital knowledge society will be characterized by enormous structural change and the growth of digital services. This book focuses on the role of information and communication technologies for economic integration, networking and growth. It highlights technological and...

Deregulation, privatization and internationalization of the telecommunications industry has brought about enormous changes within both the European and world economy. The dynamics of the Internet and the recent wave of innovations in the telecommunications and computer industry have given rise...

The Russian transformation crisis is analyzed and put into the context of national policy failures and international shocks. The study also has a focus on structural change and foreign direct investment - including an econometric perspective. Basic problems of economic opening-up, macroeconomic...