The Future of Economic Growth: As New Becomes Old (The Saint-Gobain Centre for Economic Studies Series)

Contents......Page 6
List of Figures......Page 9
List of Graphs and Boxes......Page 10
List of Tables......Page 11
Preface to the English edition......Page 12
Acknowledgements......Page 18
A shared vision......Page 20
Beyond the myths......Page 21
A kaleidoscopic approach......Page 22
The American economy in the 1990s was no longer the same as that in the 1960s......Page 24
Combining micro- and macroeconomics, history and geography......Page 27
The difficulty of analysing structural changes in real time......Page 28
Conclusion......Page 32
Digitalized information and redundant networks......Page 33
The three figures of the 'new economy'......Page 36
The search for an organizational model for the 'new economy'......Page 38
Conclusion......Page 44
The new and the old economies: a conjunction of two virtuous circles?......Page 45
The Solow paradox has not been entirely resolved yet......Page 47
Faster potential growth: problems with forecasting......Page 52
The 'new economy' has had different effects on different sectors......Page 55
Conclusion......Page 61
1973–2000: the long search for successors to the Fordist growth regime......Page 63
An early deregulation of the product market......Page 70
Increasingly competitive labour markets......Page 72
ICT as a way of overcoming management problems in large companies......Page 74
The peace dividend......Page 76
A new architecture for economic policy......Page 77
Multiform financial innovations......Page 79
Internationalization underpinned internal US dynamics......Page 81
Should other countries adopt the institutional architecture of the USA?......Page 82
Conclusion......Page 83
ICT at the heart of the technological change process......Page 84
Pre-conditions for virtuous growth: two configurations......Page 87
Was the US configuration exemplary or just singular?......Page 89
Three institutional configurations......Page 90
Is it necessary to produce ICT in order to know how to use them?......Page 92
Conclusion......Page 94
The Internet bubble: from boom to burst......Page 96
Traders and economists forget the lessons of history at their own peril......Page 105
Consecutive technological paradigms do not resemble one another......Page 109
Conclusion......Page 118
Overestimating ICT's role......Page 120
The end of three major myths......Page 124
Inequalities within and between countries: down with technological determinism......Page 126
An uncertain mode of regulation......Page 128
The opposition between the old and the new economy is obsolete......Page 134
Conclusion......Page 137
ICT as the vector of real-time management?......Page 139
Moving towards a network economy?......Page 143
The transition towards a knowledge economy?......Page 147
In the long run: an anthropogenetic model......Page 155
Conclusion......Page 162
Behind the success of the 'new economy': a crisis already in the making......Page 164
The geography of the 'new economy' actually includes the Nordic countries......Page 166
ICT is already a mature industry......Page 167
The power of Wall Street instead of Silicon Valley......Page 168
Altered competition but no return to mythical competitive markets......Page 169
Between speculation and utopia: the anthropogenetic model......Page 170
Bibliography......Page 172
C......Page 187
F......Page 188
I......Page 189
M......Page 190
P......Page 191
S......Page 192
W......Page 193