European Economies in Transition: In Search of a New Growth Path

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Focusing upon the rich interplay between ongoing institutional and technological changes, the dynamics of national industrial systems, and the modifications in policy instruments of the economic framework of the common market and the single currency, this text addresses key issues for growth and convergence. A set of methodologies highlighting the structural aspects and discontinuities in such dynamics reveals new features of transition processes experienced by some of the most advanced Western economies.