Table of Contents: I. External Challenges 12 1. The Transformation of Central and Eastern Europe 12 a. Trends in Central and Eastern Europe's Emerging Market Economies (EMEs) 12 b. The Impact on Germany 14 c. Political Consequences 14 2. Migration Pressures 16 a. The European Perspective 16 b....

Economic theory and empirical evidence suggest that governments might usefully intervene in high-technology competition in two ways: First, they could act as a neutral agent that creates the necessary credibility, commitment and mutual trust among private companies so as to facilitate...

Seit der Vereinigung Deutschlands durchläuft die Wirtschaft der jungen Bundesländer eine Transformationskrise, die ihresgleichen sucht — zumindest was die Schärfe und Tiefe des Produktions- und Beschäftigungseinbruchs betrifft. In keiner der anderen post-sozialistischen Volkswirtschaften...

In the last two decades, most industrialized western nations, have experienced a marked increase of government intervention in economic affairs. This peculiar historical trend is followed by a growing professional interest among economists in the impact which public expenditure and taxation may...

This paper is a tentative summary and appraisal of the main theoretical arguments and empirical evidence for/against an industrial policy in support of high-tech industries. The paper reviews arguments based on endogenous growth theory and strategic trade theory and surveys the most relevant...

This paper is an empirical critique of Barry Eichengreen's interpretation of the exceptional growth performance of Western Europe during the 1950s and 1960s. The main part of the paper shows that, at least for the important case of West Germany, Eichengreen fs view of a broad-based economic and...

This paper is no more than a critical note on the mismatch philosophy. Its main point is that, under empirically acceptable assumptions, all measures developed so far - and probably all measures likely to emerge from refining the mismatch tools - are bound to seriously underestimate the extent...