Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Globalization, Economic Growth and Innovation Dynamics

Globalization, Economic Growth and Innovation Dynamics

Welfens, Paul J. J.
Jungbluth, S.
Meyer, H.

Paperback

EconomicsGeneral Political Science

ISBN10: 3642085156
ISBN13: 9783642085154
Publisher: Springer
Published: Dec 15 2010
Pages: 198
Weight: 0.67
Height: 0.45 Width: 6.14 Depth: 9.21
Language: English
In the new global economy, more countries have opened up to international competition and rapid capital flows. However, in the triad the process of globalization is rather asymmetric. With a rising role of multinational companies there are favorable prospects for higher global growth and economic catching-up, respectively. Theoretical analysis suggests key ingredients of sustained growth, but there is also a new concept of a long-term equilibrium income gap in which convergence is rather unlikely. The analysis also picks up European and US labor market issues in the context of economic globalization and raises the question of which EU policies in the field of labor market reform and of innovation policies are adequate.

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