About 10 years ago, the first very small steps towards this book were taken. The starting point was marked by the deep and sudden slump of the Swiss economy in the mid-seventies: a crisis wiping out about 10 percentage points of GNP and employment within just two years. To this writer, it was clear from the beginning that neither the exogenous shocks nor the struc tural changes were in fact exogenous or structural. They were given and sha ped by global forces. They were part and parcel of capitalist development. There is no other highly developed country in the world which is so ex tremely...

Die hier abgedruckten Aufs tze aus fast vier Jahrzehnten spiegeln ein Segment des Aufholprozesses im Bereich der Wirtschaftstheorie nach der Dominanz der Historischen Schule und dem Kriege wider, wobei auch die demografischen Aspekte des Entwicklungsprozesses geb hrend ber cksichtigt werden. Es kann nachvollzogen werden, wie sich der Autor als Wissenschaftler f r die jeweils aktuellen wirtschafts- und gesellschaftspolitischen Probleme eingesetzt hat. Die in den 50er und 60er Jahren gef hrten Diskussionen ber Fragen der Lohnpolitik, Verm genskonzentration und Einkommensverteilung verband...

The liberalization of trade and factor movements and the adoption of a common currency proposed for the EEC in 1992 have important implications for the rest of the world. Nineteen experts from academia, different countries and regions and international organizations analyze these implications theoretically and empirically. In general, the authors expect Europe 1992 to generate positive effects on trade and welfare, although concerns are raised over possible, inward looking policies by the Community. For many small and distant countries the effects are shown likely to be insignificant in any...