Catalogue


Europe as an economic powerhouse : how the old continent is gaining new strength /
Heino Fassbender.
imprint
London : Kogan Page limited, 2007.
description
vii, 311 p. : ill.
ISBN
0749445564, 9780749445560
format(s)
Book
Holdings
Subjects
More Details
imprint
London : Kogan Page limited, 2007.
isbn
0749445564
9780749445560
contents note
Europe's lost decade : '1992' and all that -- Europe's real crisis -- Why the US model is not suited to Europe : and what we can learn anyway -- Economic indicators and the right measures -- The power of unity : completing the single market -- What comes after deregulation : smart regulation -- The concept of category definition -- Reinventing the state.
catalogue key
6113462
 
Includes bibliographical references and index.
A Look Inside
First Chapter
Introduction Part I Analysis of the state of Europe 1 Europe's lost decade - '1992' and all that The world champion challenged!; Europe's plans - high hopes, great expectations; 2 6: reality comes calling 2 Europe's real crisis Disappointing growth rates; It's the productivity, stupid; The myth of the destructive welfare state; The myth of the generous welfare state; The myth of globalization dangers; Europe's ticking time bomb; Productivity growth: the most important way out 3 Why the US model is not suited to Europe - and what we can learn anyway The United States as a model: a brief survey; Success on a shaky foundation? The United States in 2 6; Selective learning instead of omnibus solutions 4 Economic indicators and the right measures Origins and limits of the 'gross domestic product'; Beyond macroeconomics; The Quality-of-Life Index Part II Europe's journey to the top 5 The power of unity: completing the single market 1992 and the consequences; Bigger, better - richer?; Financial services and capital markets; Expansion: a big step towards the single market? 6 What comes after deregulation? Smart regulation! Catching up through deregulation: two examples; Limitations and risks of deregulation; Smart regulation instead of simple deregulation; New ground rules for the old continent? 7 The concept of category definition Category definition and redefinition; Creating and sustaining category definition; Examples of European category definition; Missed opportunities for category definition; Beyond the company: 'Made in Germany'; Category definition for Europe; How the public sector can support the category definition process 8 Reinventing the state Investing in Europe's future; Trimming state spending to invest in the future; Secondary effects: why 'less government can be more'; Getting the job done 9 Epilogue A voice for Europe in world affairs; Making it happen
Reviews
Review Quotes
"If you are say the president of France, you might find this in depth analysis of Europe's current economic performance helpful." CNBC European Business "Fassbender's argument is comprehensive and persuasive, as he crashes through misconceptions and common delusions to reach his vision for a more productive Europe." Velocity
"Invites necessary reflection on Europe's weaknesses, failures, and perspectives in coping with growth, employment, and sustainable development." -- Harvard International Review
This item was reviewed in:
Reference & Research Book News, August 2007
To find out how to look for other reviews, please see our guides to finding book reviews in the Sciences or Social Sciences and Humanities.
Summaries
Main Description
Two senior directors at the management consulting firm McKinsey & Co. apply their expertise to the European Union, providing an in-depth analysis of its current economic situation while arguing that the US model in not appropriate for the European market. As the European market expands as a single entity, it is facing economic challenges that can only be remedied by reform. Intended as a diagnosis of the status quo and as an agenda for change, Kluge and Hassbender argue that the US nation- state model is outdated--not the solution to Europe's economic woes. In order to stay competitive in the global market, the EU must complete the European single market, adopt smart regulation, set standards in key areas of future growth and transform the state system. Through continued harmonization of its educational systems, coping with its demographic problems and better engagement in globalization, Europe will gain the leading edge.
Description for Bookstore
Aims to identify a "European way" of sustainably boosting productivity to turn Europe into an economic powerhouse on a par with the US.
Long Description
A senior director at the management consulting firm McKinsey & Co. applies his expertise to the European Union, providing an in-depth analysis of its current economic situation while arguing that the U.S. model is not appropriate for the European market. As the European market expands as a single entity, it is facing economic challenges that can only be remedied by reform. Intended as a diagnosis of the status quo and as an agenda for change, Fassbender argues that the US nation-state model is outdated and is not the solution to Europe's economic woes.
Long Description
"Europe as an Economic Powerhouse" asserts that Europe's economic performance is far below its true potential. Europe's twin challenges today are to overcome obstacles to meeting its fundamental objectives and to strengthen the economy in the face of increasing internal and external pressures. Part 1 analyses the state of the European Union, with a particular focus on social security, social justice, employment, and productivity. While the analysis recognizes best practice in the United States, it also points out that simply copying features of the US model is not the answer. Part 2 identifies a 'European way' of boosting productivity sustainably to turn Europe into an economic powerhouse that is on equal footing with the US. The authors recommend concentrating on four critical objectives: completing the single market, adopting smart regulation, systematically pursuing category definition, and transforming the state system. The last chapter sets out a series of enablers of change including continued harmonization of Europe's educational systems, coping with the demographic problem, and better engagement in the ongoing processes of globalization.
Back Cover Copy
[!cover copy Europe as an Economic Powerhouse!] [!front cover!] Europe as an Economic Powerhouse How the old continent is gaining new strength Heino Fabbender [!spine!] Europe as an Economic Powerhouse Heino Fabbender [!insert KP logo!] [!inside front flap!] Europe as an Economic Powerhouse recommends a way forward for Europe by concentrating on four critical objectives: completing the single market; adopting smart regulation; systematically pursuing category definition; transforming the state system. In order to achieve economic supremacy, Heino Fabbender argues that Europe must continue the harmonization of educational systems, find a solution to the demographic problem and increase its involvement in the ongoing process of globalization. [!inside back flap!] Dr Heino Fabbender is a director emeritus of McKinsey & Company and a lecturer at Leipzig Graduate School of Management. In the past six years, he has established Perspektive Deutschland, the world's largest online survey of socio-political issues. [!back cover!] Europe as an Economic Powerhouse compares the economic models of the United States and Europe and maintains that Europe's current economic performance is far below its true potential. Dr Heino Fabbender demonstrates how to turn this potential into reality by guiding Europe back to higher growth in the economy, in productivity and in employment. A new economic model for Europe is proposed to enable it to rival that of the United States; and a methodology is set out to help achieve this target. The state of the European Union is analysed and current best practices in the United States are also examined. However, Fabbender stresses that the answer to Europe's problems is not to simply reproduce the US template for success in Europe. Instead, he identifies a 'European way' of sustainably boosting productivity to transform Europe's potential into real growth, turning the fragile continent into an economic powerhouse that is on equal footing with the United States. 25.00 US$49.95 ISBN-10: 0-7494-4556-4 ISBN-13: 978-0-7494-4556-0 [!insert barcode!] Business and management/ International economies [!insert KP logo!] Kogan Page 120 Pentonville Road London N1 9JN United Kingdom www.kogan-page.co.uk Kogan Page US 525 South 4th Street, #241 Philadelphia PA 19147 USA
Table of Contents
Prefacep. vii
Introductionp. 1
Analysis of the state of Europep. 7
Europe's lost decade - '1992' and all thatp. 9
The world champion challenged!p. 10
Europe's plans: high hopes, great expectationsp. 15
2006: reality comes callingp. 24
Europe's real crisisp. 33
Disappointing growth ratesp. 34
It's the productivity, stupidp. 36
The myth of the destructive welfare statep. 42
The myth of the generous welfare statep. 50
The myth of globalization dangersp. 56
Europe's ticking time bombp. 65
Productivity growth: the most important way outp. 71
Why the US model is not suited to Europe - and what we can learn anywayp. 75
The United States as a model: a brief surveyp. 77
Success on a shaky foundation? The United States in 2006p. 102
Selective learning instead of omnibus solutionsp. 111
Economic indicators and the right measuresp. 117
Origins and limits of the 'gross domestic product'p. 118
Beyond macroeconomicsp. 120
The Quality-of-Life Indexp. 125
Europe's journey to the topp. 139
The power of unityp. 141
Completing the single marketp. 141
1992 and the consequencesp. 142
Bigger, better - richer?p. 153
Financial services and capital marketsp. 163
Expansion: a big step towards the single market?p. 171
What comes after deregulation? Smart regulation!p. 175
Catching up through deregulation: two examplesp. 176
Limitations and risks of deregulationp. 180
Smart regulation instead of simple deregulationp. 186
New ground rules for the old continent?p. 194
The concept of category definitionp. 203
Category definition and redefinitionp. 204
Creating and sustaining category definitionp. 206
Examples of European category definitionp. 209
Missed opportunities for category definitionp. 225
Beyond the company: 'Made in Germany'p. 227
Category definition for Europep. 229
How the public sector can support the category definition processp. 238
Reinventing the statep. 241
Investing in Europe's futurep. 244
Trimming state spending to invest in the futurep. 253
Secondary effects: why 'less government can be more'p. 265
Getting the job donep. 267
Epiloguep. 271
A voice for Europe in world affairsp. 272
Making it happenp. 274
Notesp. 283
Referencesp. 289
Indexp. 303
Table of Contents provided by Ingram. All Rights Reserved.

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