The Future of Economic Growth: As New Becomes Old

Robert Boyer
Edward Elgar 2004

How significant was the internet boom and bust? Robert Boyer brings significant and fresh insight to efforts to situate the meaning of the digital transformation through which we are living. With analytic discipline and historical perspective, Boyer provides an important interpretation that will be valuable to scholar and teacher, those just curious about the internet development and those who lived through it.
– John Zysman, University of California, Berkeley

In this book, Robert Boyer follows the origins, course a broad spectrum of issues ranging from labour markets to corporate governance. Growth paths within the OECD are also assessed, with particular emphasis on contrasts between US and European models. The book seeks to identify those institutional factors, taking into account different national trajectories, which might serve to promote economic growth in Europe. and collapse of the “new economy” and proposes a new interpretation of US dynamism during the 1990s.

He argues that the diffusion of information and communication technologies is only part of a story that also requires understanding of the transformation of the financial system, the reorganization of the management of firms and the emergence of a new policy mix. The book includes a long-term retrospective analysis of technological innovation, and an international comparison of O.E.C.D. countries delivers an unconventional and critical assessment of the hope and the hype of the “new economy”.

The Future of Economic Growth has been translated and published in Japanese.