Economic Miracles In The European Economies

This book undertakes a theoretical and econometric analysis of intense economic growth in selected European countries during the end of the twentieth century and the beginning of the twenty first. Focusing on the accelerated economic growth that occurred in Ireland, the Netherlands, Spain, and Turkey, this book investigates the determinants and consequences of this “miracle” growth and discusses them in context of growth and development processes observed in European market-type economies after the World War II. Using imperfect knowledge economics (IKE) as a theoretical framework to interpret the empirical results, this book provides a fresh theoretical perspective in comparison with current Neo-classical, Keynesian and institutional paradigms. With this systematic approach, the authors seek to provide a unified methodology for evaluating the phenomenon of intense economic growth that has heretofore been missing from the discipline. Combining diverse theoretical and methodological strategies to provide a holistic understanding of the historical process of economic change, this volume will be of interest to students and scholars of economic growth, econometrics, political economy, and the new institutional economics as well as policymakers.

Why did modern states and economies develop first in the peripheral and late-coming culture of Europe? This historical puzzle looms behind every study of industrialization and economic development. In his analytical and comparative work Eric Jones sees the economic condition forming where natural environments and political systems meet: Europe's economic rise is explained as a favoured interaction between them, contrasting with the frustrating pattern of their interplay in the Ottoman empire, India and China. For the second edition Professor Jones has added a new introduction and an updated bibliographical guide.

Why modern states and economies developed in Europe first, and later in India and China.

Examines the determining factors of the failure of economic reform in Eastern Europe with particular attention to the Czech Republic, Hungary, Poland and the Russian Federation. Covers the period from 1989 to 1997.

Seminar paper from the year 2014 in the subject Business economics - Economic Policy, grade: Very Good (1,3), University of Glasgow (Adam Smith Business School), course: Growth and Development, language: English, abstract: This essay deals with the story of economic growth of post-WWII Germany. Devastated in terms of material loss and human well-being, Germany put its name in the books of economic history as a success story of development. The 'Wirtschaftswunder' (Economic Miracle) that started in the early 1950s is a topic that has been intensely studied by scholars. This essay will briefly describe some facts prior to World War II and the extent of loss during the war. The following part will highlight some data about the growth and explain how this was achieved.

However, this inheritance of economic and social institutions that was the solution until around 1973--when Europe had to switch from growth based on brute-force investment and the acquisition of known technologies to growth based on increased efficiency and innovation--then became the problem.

A comprehensive analysis of economic transition between the later Roman empire and Charlemagne's reigne.

"The depth and breadth of knowledge and research procured in this book is exceptional Dana has achieved a delicate balance in including complex historical, legal and economic issues in an easily comprehensible, yet thought-provoking style its appeal is to a wide readership of those who are willing to ponder the realm of possibilities, with or without a background knowledge in either the Eastern Mediterranean or economics".Economies of the Eastern Mediterranean