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Title: Enlarging Europe: The Industrial Foundations of a New Political Reality by John Zysman, Andrew Schwartz ISBN: 8-7630008-8-1 Publisher: Copenhagen Business School Pr Pub. Date: October, 1998 Format: Hardcover Volumes: 1 List Price(USD): $26.00

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Average Customer Rating: 4 (1 review)

Rating: 4
Summary: useful overview industrial restructuring CEECs
Comment: I used this book in a graduate course that I taught on European Union Enlargement with the Central and Eastern European countries (CEECs). I found the collection of papers on the changing nature of trade flows betweeen EU and CEECs (toward higher quality products), foreign direct investment (FDI) flows, industrial restructuring of CEEC industry on sectoral levels and how that ties in with restructuring of EU industries informative and useful. The political economy papers I also found interesting.

I especially like the point the editors make that, viewed in a dynamic context, CEEC industries could be integrated with EU industries in a longer-term perspecive. The idea is to use each others' competitive advantages rather than considering the CEEC industries as low-cost competition, and setting restructuring of both EU and CEEC industries in a - in principle at least- mutually beneficial dynamic process. Of course there are a number of real dangers in this process (creating dual economies and short-term unemployment, increasing rather than diminishing sectoral and regional development gaps etc). Clearly developments are uneven and not smooth and some of the papers clearly point that out, but I think the basic approach makes a lot of sense and reinforces the integrationist ideas of e.g. the European Commission. My only problem with the book is the rather old data that are sometimes used, which in this context is even worse since in a situation of such massive and fast restructuring the relevant data 'age' even faster than normal, but i know that to some extent that is unavoidable.

Good reference book and well-written, avoiding technical jargon.