Scitovsky | Economic Theory and Western European Intergration | E-Book | sack.de
E-Book

E-Book, Englisch, 160 Seiten

Scitovsky Economic Theory and Western European Intergration


E-Book, Englisch, 160 Seiten

ISBN: 978-1-136-51534-7
Verlag: Taylor & Francis
Format: PDF
 Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

The union of Western Europe poses many complex and technical obstacles. Analysing the advantages as well as the difficulties, the book discusses competition and the nature and direction of the increased pressures it brings to bear upon entrepreneurial activity, through which the effects of economic union will mostly be felt.
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Autoren/Hrsg.

Scitovsky, Tibor

Fachgebiete

Weitere Infos & Material

Preface

I. The Probable Effects of Economic Integration In Western Europe

A) Economic Organization and Relations within the Union

1. The Effect of Union on Employment

2. The Effect of Union on Productivity

a. The Effect of Union on Methods of Production

b. The Effect of Union on the Allocation of Output

c. The Effect of Union on Investment

3. The Distribution of Gains among Member Countries

B) Economic Relations with the Outside World

4. The Orthodox Argument

5. An Illustration

6. The Effect of Increased Productivity on the Terms of Trade

II. The Theory Of The Balance Of Payments And The Problem Of A Common European Currency

A) The Theory of the Balance of Payments

1. The Classical Theory

2. The Income Theory

3. Migration

4. The Role of the Capital Market

5. The Role of Employment Policy

B) The Problems of Currency Union

6. The Problem of an all-European Capital Market

7. The Problem of an Integrated Employment Policy

8. The Adequacy of Reserves

C) A Note on the Concept of Adequate External Reserves

III. Economies of Scale, Competition, And European Integration

1. The Choice of a Method of Production

2. Determinants of the Choice

a. The Size of the Firm

b. The Rate of Accretion of Demand

c. The Degree of Competition

3. Effects on Economic Development

4. Some Likely Consequences of Integration

IV. The Doctrine of Comparative Advantage And The European Coal And Steel Community

1. The Case of Factor Immobility

2. The Case of Factor Mobility

3. The Problem of Integration by Sectors

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