© 1999

Globalization of the Economy, Unemployment and Innovation

Structural Change, Schumpetrian Adjustment, and New Policy Challenges

  • Treats the most essential economic issues of our day

  • Provides in-depth scientific analysis and evaluation of policy means


Table of contents

  1. Front Matter
    Pages I-VI
  2. Paul J. J. Welfens
    Pages 1-4
  3. Paul J. J. Welfens
    Pages 5-50
  4. Paul J. J. Welfens
    Pages 51-161
  5. Paul J. J. Welfens
    Pages 163-203
  6. Paul J. J. Welfens
    Pages 205-240
  7. Back Matter
    Pages 241-256

About this book


Economic globalization has intensified since the 1980s and created faster channels of international interdependence and an accelerating technology race. In this new asymmetric world economy the EU is facing a dynamic and flexible US system which takes advantage of the global quest for foreign direct investment. Innovation policies in the EU - in particular in Germany - are found to be rather inadequate. There are also new theoretical challenges where a "structural macro model" and a Schumpetrian model of innovation and full employment are presented as new approaches. Besides theoretical challenges the increasing global dynamics raise new problems of international policy coordination which could lead to unsustainable economic globalization.


Beschäftigung Employment F&E Globalisierung Globalization Import Innovation Labor Market R&D Structural Change Technologiewettbewerb Technology Competition Unemployment global economy growth

Authors and affiliations

  1. 1.European Institute for International Economic Relations (EIIW)University of PotsdamPotsdamGermany

Bibliographic information

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