A Review of the History of the Economy and Its Concepts: Change Is a Constant
Ralf Pauly ()
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Ralf Pauly: Osnabrück University
Chapter Chapter 2 in Economic Instability and Stabilization Policy, 2021, pp 31-93 from Springer
Abstract:
Abstract This chapter gives a review of the economic history. Today, the ICT revolution unbundles national production processes and, with globalization, further drives economic change. Globalization has recently led to an international competitive struggle. A new perspective in their intervention policy is opening up for states. They can turn their attention more towards society: A strong knowledge-based society, together with innovative local companies, can bring new prosperity to the national economy from the bottom up.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-33626-4_2
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DOI: 10.1007/978-3-658-33626-4_2
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