Economic futures of the West

This thought-provoking book considers the global challenges and challengers to the economic supremacy of the West. Jan Winiecki explores the various problems that the West must deal with in order to remain an efficient competitor in the world economy. These, he argues, are primarily consequences of...

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Bibliographic Details
Main Author: Winiecki, Jan
Format: eBook
Language:English
Published: Cheltenham Edward Elgar Pub. Ltd 2013
Series:New thinking in political economy
Subjects:
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
Description
Summary:This thought-provoking book considers the global challenges and challengers to the economic supremacy of the West. Jan Winiecki explores the various problems that the West must deal with in order to remain an efficient competitor in the world economy. These, he argues, are primarily consequences of the ever-expanding welfare state; consequences that are not only economic but also socio-psychological and, therefore, political. The author also considers the evolution of Western Europe and the USA from a new perspective, noting the Europeanization of US economic policies and regulation and the Americanization of polices and regulation in some European countries. The book concludes that the main challengers to the West Brazil, Russia, India and China (the so-called BRIC group of countries) are unlikely to gain economic supremacy over the West any time soon, given that they have to contend with their own difficulties.Economic Futures of the West will prove a stimulating and challenging read for academics, researchers and students in the fields of economics, heterodox economics and development
pt. I. Global challenges : irrelevant? imaginary? immaterial? -- pt. II. The BRIC countries and global economic shifts : projections and realities -- pt. III. The West in decline-- and still (largely) in denial
Physical Description:xi, 170 p ill
ISBN:9781781951712
9781781951705