Global Economy in Transition: the European Union and Beyond

"This book covers a plethora of economic problems in a context of a changing and challenging global environment. Probably the most distinguishing feature of this collection of essays is the multidimensional perspective it offers on economic development from low, middle, and high-income countries perspective. Not bound by one approach or economic ax, it reveals how different countries and their groups react and deal with the “new normal” of XXI century, including the member states of the European Union, Ukraine, selected countries in Africa, the South Pacific, the Caribbean, as well as India, Japan and the United States. Touching a wide cross-section of topical issues it provides a strong descriptive input in the global transition and transformation debate. In this selection of contributions by both academics and practitioners, one may find studies based on empirical field evidence, comparative analysis of the literature, but also some theoretical framework. Why do monetary policies fail in developed markets? Did globalization overturn social contract? Which models of regulatory regimes for transnational organizations? How the size of the economy contributes to its performance? How to adjust labor market and tax regulations in different regions? Why grass-root policies are important and what makes them efficient? In seeking answers to these and many other questions this book makes an important scholarly contribution to international economics in its breadth and cross-national analyses. As a whole, these contributions provide an overview of many current issues in economics and draw on some crucial problems of the North and the South."

Dr. Katarzyna Andrzejczak,

Poznan Economic University, Poland