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The EU and the U.S. confront distinct factor market dynamics and common policy challenges. Labor market developments and long-term changes in capital markets and capital flows represent key problems in aging societies. The analyses presented here compare the European and U.S. patterns in this regard. Moreover, Schumpeterian innovation dynamics as well as energy policy issues receive attention. Considerable differences in innovation dynamics are reported across countries. The book charts the role of different innovation systems and knowledge societies and highlights different policy approaches.…mehr

Produktbeschreibung
The EU and the U.S. confront distinct factor market dynamics and common policy challenges. Labor market developments and long-term changes in capital markets and capital flows represent key problems in aging societies. The analyses presented here compare the European and U.S. patterns in this regard. Moreover, Schumpeterian innovation dynamics as well as energy policy issues receive attention. Considerable differences in innovation dynamics are reported across countries. The book charts the role of different innovation systems and knowledge societies and highlights different policy approaches. Another focus is upon structural changes and innovation in open economies. Finally, medium and long-term options for transatlantic cooperation are evaluated against the backdrop of the Lisbon agenda.


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Autorenporträt
Paul J. J. Welfens, geb. 1957 in Düren, Studium der Volkswirtschaftslehre in Wuppertal, Duisburg und Paris, Promotion 1985, Habilitation1989. Inhaber des Lehrstuhls für Volkswirtschaftslehre - Schwerpunkt Makroökonomische Theorie und Politik an der Bergischen Universität Wuppertal; Präsident des Europäischen Instituts für Internationale Wirtschaftsbeziehungen (EIIW); Jean-Monnet-Professor für Europäische Wirtschaftsintegration; zuvor Distinguished Research Fellow am AICGS/The Johns Hopkins University, Professor an der Universität Münster bzw. Potsdam, Visiting Alfred Grosser Professor Sciences Po, Paris.