A New Europe in the Changing Global System by Richard A. Falk, Tamas Szentes

By Richard A. Falk, Tamas Szentes

The numerous affects of the tip of the chilly conflict on defense and improvement customers for Europe are tested during this quantity. It considers a variety of views that come with political, monetary and cultural exams. the focal point is at the customers and difficulties that face jap Europe within the submit chilly conflict period. there's additionally an emphasis at the international surroundings during which the nations of Europe should still act.

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4 Relevant Lessons and Eastern European Specificities The relevance of this discussion for Eastern European industry is fairly obvious. Economic reform and liberalization evidently imply that most Eastern European economies will open up to international trade. To differing extents, the success of the liberalization process is likely to depend on the quite rapid development of industrial exports. An important question therefore concerns the terms on which this export development is to take place: in particular, whether it is to be technologically dynamic and associated with socially desirable outcomes like a rising real wage, or, alternatively, whether it is to be technologically stagnant with all the social  < previous page < previous page page_142 page_143 next page > next page > Page 143 problems which that would imply.

2 21,300* 28,600* 32,000* Source: "Study on the Human and Financial Resources for R&D Activities in the East European Countries," UNESCO Working Paper (unpublished). * Millions of USSR roubles eighties, the former socialist countries of Europe employed well over half of the world population of scientists and engineers engaged in R&D. If, however, one analyzes the comparative data in dynamics, it will be found that, for example, the superiority 52 53 of the USSR over USA in absolute numbers of specialists engaged in R&D that existed at the end of 1980 was replaced by parity by the mid-80s.

Clearly, 47 48 and, It follows from this that In other words, under this condition the proportion rates of change of the two measures of the productivity of labor are identical. However, there is no reason in general to believe that the condition will hold, and for our purposes the inequality condition, is of greater interest. 6 To see this first, note that  < previous page < previous page page_146 page_147 next page > next page > Page 147 so that gives the conditions for the rate of growth of value-added to be less than the rate of growth of labor productivity.

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