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Economic globalization is a complex phenomenon where the links between social security expenditures and globalization are not well understood so far. This study summarizes new key findings and highlights new theoretical insights in the field of social security systems, labor standards, taxation and... More

This book takes a new look at the golden age in neoclassical growth theory and explores in detail sustainability and optimum growth in China, the US and Europe. Innovation, foreign direct investment, trade and growth dynamics are key elements in modern economies - including perspectives on green gr... More

This book analyzes how the EU referendum in the United Kingdom came to pass and what the foreseeable consequences are for the UK, Europe, US and world economy. The Brexit decision represents a momentous event for Europe, which weakens the EU and shifts the global balance of power. Welfens argues t... More

Information & communication technology (ICT) and the automotive sector are two of the most important industries in the EU and the US. The EU's eastern expansion and economic globalization have reinforced competition on the one hand; on the other hand the importance of outsourcing and off-shoring has... More

This book considers climate change from an economic and international policy perspective. It argues that an emissions trading systems (ETS) should first be adopted in all G20 countries with those national ETS then integrated into a global ETS. The topic of global warming is at the forefront of inter... More

"This book is able to explain and analyze what has eluded both scholars and thought leaders in business and the media - how and why populism has grabbed center stage. Highly recommendable."-David B. Audretsch, Indiana University Bloomington, USA "Welfens provides valuable insight into US politics ... More

Financial capital, whether mediated through the financial market or Foreign Direct Investment has been a key factor in European economic growth. This book examines the interaction between European and global financial integration and analyses the dynamics of the monetary sector and the real economy ... More

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... More

Human societies face a threatening future of resource scarcity and environmental damages. This book addresses the challenge of turning these risks into opportunities and policies. It is a collection of high level contributions from experts of sustainable growth and sustainable resource management. F... More

Written by international experts in their respective fields, Sustainable Growth and Resource Productivity provides a comprehensive overview of global issues of raw materials supply and resource use. It also introduces new views and perspectives on the sustainable growth of emerging economies and dev... More

This study develops a new indicator for national and global sustainability. The main components of the EIIW-vita indicator are: the share of renewable energy, the genuine savings rate and the relative "green export" position of the respective countries; it is in line with OECD requirements on compo... More

Nach der Bankenkrise stehen Deutschland und die Europäische Union vor einer Reihe wirtschaftlicher Herausforderungen. Die Autoren liefern in ihren Beiträgen eine einzigartige Bestandsaufnahme der deutschen und europäischen Wirtschaftspolitik und analysieren die Reformoptionen für die Sozial-, Währun... More

Was steckt hinter der durch Donald Trump geprägten neuen Wirtschaftspolitik der USA? Ist eine populistische Präsidentschaft in den Vereinigten Staaten ein vorübergehendes Phänomen? Dieses Buch erklärt, warum „Trumpism“ ein strukturelles Problem ist und welche Folgen der US-Protektionismus und die in... More

Dieses Buch bietet eine umfassende Analyse der Corona-Weltrezession und zeigt erstmals auf, wie stark verändert die Weltwirtschaft durch die Corona-Schocks sein wird. Die Europäische Union muss – wie die USA und China – mit dem Corona-Schock mehrere Stress-Tests bestehen: medizinisch, ökonomisch, wi... More

Das vorliegende Übungsbuch dient Studierenden der Makroökonomie und der makroökonomisch ausgeprägten Wirtschaftspolitik als Übungs- und Klausurvorbereitungshilfe. Inhaltlich richtet es sich an dem Lehrbuch ,,Grundlagen der Wirtschaftspolitik" von Prof. Dr. Paul J. J. Welfens aus, hierbei insbeso... More