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List of Figures | |
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List of Tables | |
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Preface | |
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List of Abbreviations | |
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Introduction | |
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Mainsprings of Growth | |
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Probing Deeper | |
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Institutional Foundations of the Golden Age | |
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Institutions and History | |
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The End of the Golden Age | |
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The Postwar Situation | |
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Reconstruction | |
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The Transition to Sustained Growth | |
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Normalization and the Political Economy of the Marshall Plan | |
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German Economic and Monetary Reform | |
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Obstacles to Integration | |
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The 1949 Devaluations | |
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The European Payments Union | |
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Dawn of the Golden Age | |
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Understanding Growth in the 1950s | |
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Germany as Pacesetter | |
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Next in Line | |
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The Laggards | |
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Toward the Golden Age | |
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Eastern Europe and the Planned Economy | |
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The Strategy of Central Planning | |
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Problems of Central Planning | |
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Partial Reforms | |
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Planning Innovation | |
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Regional Integration | |
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The End of Reform | |
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The Integration of Western Europe | |
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Initial Steps | |
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EFTA and the British Dilemma | |
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Economic Effects | |
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The Common Agricultural Policy | |
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The Luxembourg Compromise | |
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Inklings of Monetary Integration | |
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The Common Market as an Established Fact | |
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The Apex of the Golden Age | |
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The Heyday of Extensive Growth | |
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The Incorporation of the European Periphery | |
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Wage Explosion and Labor Conflict | |
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The End of the Golden Age | |
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Mounting Payments Problems | |
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Italy's Crisis | |
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Britain's Problems | |
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The French Crisis and the German Response | |
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The Collapse of Bretton Woods | |
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The European Response | |
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Declining Growth, Rising Rigidities | |
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The Productivity Slowdown | |
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Innovation | |
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Unemployment | |
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Stabilization in Britain | |
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The EMS Initiative | |
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The EMS in Operation | |
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The Legacy | |
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The Collapse of Central Planning | |
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The Survival of Central Planning | |
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The Collapse of Communism | |
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Recession and Adjustment | |
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Dilemmas of Transition | |
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Economic Response | |
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German Reunification | |
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Normalization and Integration | |
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Integration and Adjustment | |
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The Single Market | |
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Integration in Practice | |
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From the Delors Report to the Maastricht Treaty | |
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The EMS Crisis | |
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The Transition to Monetary Union | |
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EMU and Its Implications | |
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Adjustment and Growth | |
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Europe at the Turn of the Twenty-first Century | |
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Employment and Growth | |
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Reducing Unemployment | |
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Implications for European Unemployment | |
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Productivity Growth | |
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Eastern European Prospects and Western European Implications | |
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Economic Prospects | |
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The Future of the European Model | |
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Battle of the Systems | |
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The Shadow of History | |
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Sources of Growth | |
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References | |
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Index | |