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The Economics of Europe and the European Union

The Economics of Europe and the European Union

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  • Author: Larry Neal, University of Illinois, Urbana-Champaign
  • Date Published: March 2007
  • availability: Available
  • format: Hardback
  • isbn: 9780521864510

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About the Authors
  • This distinctive textbook combines comprehensive coverage of the key policy areas of the European Union with analysis of individual countries, including the recent accession countries and Turkey. Part I analyzes the economic bases for the rise of the European Union from its origins in the post-World War II recovery to its historic enlargement in 2004. Part II takes up the different nation-state perspectives on the EU's economic policies by looking in turn at all European countries, whether members of the EU or not. The book is unique in providing both an EU perspective and European nation-state perspective on the major policy issues which have arisen since the end of World War II, as well as putting the economic analysis into an historical narrative which emphasizes the responses of policy-makers to external shocks such as the Cold War, the oil shocks, German reunification, and the collapse of the Soviet Union.

    • The only textbook which puts policy initiatives of the EU into a general historical context, taking into account the national interests of individual European countries
    • Includes clear graphics of economic concepts and developments so that readers can easily compare country experiences
    • Relates economic theory concepts to the historical situations in which they evolved
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    Reviews & endorsements

    'Any student venturing to Europe for the first time should go in the company of Rick Steves and Larry Neal. Where Steves' guides provide an entertaining introduction to the main tourist sites, Neal's book offers an accessible analysis of Europe's major economies and institutions. Particularly valuable are Neal's historical walking tours, where he shows how powerfully Europe's history continues to influence its economic arrangements and performance. Highly recommended for the first-time visitor.' Barry Eichengreen, University of California, Berkeley

    'The author gives more than one analysis of Europe and the European Union, because he balances an insider's perspective with an American view on European economic structures. This makes this textbook indispensable for both the European and the non-European instructor and student.' Gregor van der Beek, University of Koblenz-Landau

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    Product details

    • Date Published: March 2007
    • format: Hardback
    • isbn: 9780521864510
    • length: 458 pages
    • dimensions: 244 x 170 x 25 mm
    • weight: 0.93kg
    • contains: 2 maps 20 tables
    • availability: Available
  • Table of Contents

    Part I. The Economics of the European Union:
    1. Old Europe, new Europe: the role of the European Union
    2. A dispute over origins: the European view vs. the American perspective
    3. The customs union and the diversion of trade
    4. The Common Agricultural Policy and reforms: feeding Europe and then some
    5. The Euro: the ultimate currency reform?
    6. The European Central Bank in action
    7. The single market: from eliminating non-tariff barriers to enforcing competition
    8. The single market in labor: from refugees to Schengen
    9. The single market in capital: from Bretton Woods to Maastricht
    10. The EU's regional policy and development policy
    11. The EU and the US as economic superpowers compared
    Part II. The Economies of Europe:
    12. The German economy: problems with reunification
    13. The French economy: problems with assimilation
    14. The British economy: after Thatcher, what next?
    15. The Italian economy: political reform vs. economic reform
    16. The small open countries: free trade or customs union?
    17. The Scandinavian union: or separate ways?
    18. The late-comers: lessons in preparation
    19. The new-comers: building institutions
    20. The future members: customs union as substitute or stage one for the EU.

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    The Economics of Europe and the European Union

    Larry Neal

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  • Instructors have used or reviewed this title for the following courses

    • Economic Integration Movements
    • Interdisciplinary Seminar in European and Russian Studies
    • International Monetary Economics
    • Introduction to the Economics of Public Policy in France and the EU
    • Political economy of Europe
    • Topics in Contemporary Economics - European Integration
  • Author

    Larry Neal, University of Illinois, Urbana-Champaign
    Larry Neal is a Research Associate at NBER and Professor Emeritus of Economics at the University of Illinois at Urbana-Champaign.

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