The EU and the US confront distinct factor market dynamics and common policy challenges. Labor market developments and long-term changes in capital markets and capital flows represent key problems in aging societies. This book charts the role of different innovation systems and knowledge...

The EU and the U.S. confront distinct factor market dynamics and common policy challenges. Labor market developments and long-term changes in capital markets and capital flows represent key problems in aging societies. The analyses presented here compare the European and U.S. patterns in this...

The spectacular, sustained economic growth experienced in several East Asian countries leads to the question what Europe can learn from the East Asian economicmodel. Three advantages of the East Asian model stand out: small social transfers, low taxation and free labor markets. The superiority...