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Full Description
Economic Divergence in the European Community (1981) looks at the widening differences between the economies of the member states of the European Community. The economic designers of the common market had confidently assumed that the removal of trade barriers would bring about a natural convergence among national economies, and an acceleration in the pace of economic growth. This book closely examines the assumptions and suggests ways in which the Community's limited financial instruments and capabilities for co-ordinating economic and monetary policies might better be used to promote these aims.
Contents
1. Liberty, Equality, Divergency: the Legacy of the Treaty of Rome? Michael Hodges 2. Economic Divergence in the European Community: A Survey of the Evidence E.C. Hallett 3. Industrial Development and Economic Divergence Daniel T. Jones 4. Industrial Adjustment: the Community Dimension Stephen Woolcock 5. How to Prevent the EC Budget Reinforcing Divergence: A British View Geoffrey Denton 6. EMS: Cul-de-Sac or Signpost on the Road to EMU? Jocelyn Statler 7. Regional Divergence and Policy in the Community, with Special Reference to Enlargement Geoffrey Denton 8. Economic Divergence and Enlargement Loukas Tsoukalis 9. Convergence at the Core? The Franco-German Relationship and its Implications for the Community Jonathan Story 10. Integrating Divergent Economies: the Extranational Method John Pinder 11. Conclusions William Wallace