Competitiveness in the European Economy

ISBN-13: 9780367600952 / Angielski / Miękka / 2020 / 216 str.

Stefan Collignon; Piero Esposito

Opis

Competitiveness has become a major issue in the European debate as differences in the competitive position of the member states are considered to be one of the main causes for the Euro-crisis and the macroeconomic imbalances within the Euro Area. However, there is still no consensus on the best way to measure competitiveness. This

Spis treści

Introduction PART I European imbalances and competitiveness 1. Taking European integration seriously: competitiveness, imbalances, and economic stability in the Euro Area 2. Unit Labour Costs and Capital Efficiency in the Euro Area: a new competitiveness indicator PART II Competitiveness and external trade 3. Is Germany’s model of export-led growth sustainable in a currency union? 4. Intra-European Imbalances, Competitiveness and External Trade: a comparison between Italy and Germany PART III The German model of labour market reforms 5. How promising is wage restraint for a large economy? The example of Germany before and during the current crises 6. Hartz IV and the Consequences: Did the Labour Market Reforms Destroy the German Model? 7. Hartz IV and the German model. A Comment 8. German reforms as a blueprint for Europe? PART IV Regional development: the Italian Mezzogiorno and former East Germany 9. Fiscal Federalism: What Lessons can Italy Learn from Germany? 10. Economic Development in East Germany since German Unification: Results, Shortcomings and Implications for Economic Policy 11. Mezzogiorno and Neue Bundesländer: what lessons can Germany learn from Italy?

O autorze

Stefan Collignon is a Professor of Economic Policy at Sant Anna School of Advanced Studies, Pisa, Italy

Piero Esposito is a Post-Doctoral Researcher at Sant Anna School of Advanced Studies and researcher in internationalisation and international trade at Centro Europa Ricerche (CER), Italy