Western European Adjustment to Structural Economic Problems - Tapa blanda

All in all, the book lives up to its promise to explore the links among debt, development and equity. Country studies in Africa and elsewhere will be much more useful than they are at present if they also follow a similar approach. * Africa Today * ...to be commended for its perceptive analysis, its very well-structured format, and for its American perspective... * West European Politics * ...to be commended for its perceptive analysis, its very well-structured format, and for its American perspective... * West European Politics * All in all, the book lives up to its promise to explore the links among debt, development and equity. Country studies in Africa and elsewhere will be much more useful than they are at present if they also follow a similar approach. * Africa Today *

The study examines the roots and manifestations of the structural problems of the four largest Western European countries, giving particular emphasis to labor market rigidities, excessive growth of government expenditures, industrial policies that targeted a few large firms, and insufficient attention to creating a climate favorable to small enterprise. For the next few years, the most likely prospect is guardedly optimistic. On the whole, there will be a continuing close relationship between the U.S. and Western Europe, marred by tensions and recurring disputes, as Western Europe remains torn between the search for a 'European Solution' and the need to cooperate with the U.S. and Japan. Co-published with the Hudson Institute.