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The Effects Of Post-industrialism On The Political Economy Of Western Europe
The Decline of Corporatist Bargaining
The sustained, high economic growth in Western Europe during the post-war period
until 1973 led to dramatic changes in the region's political economy. As
advances in transportation and communication extended the reach of international
trade into new areas of the world, as technological advances allowed
establishment of manufacturing facilities overseas, and as European real wages
climbed to unprecedented heights, the industrial base that had served as the
foundation for rapid Western European growth in the 1950's and 1960's
increasingly moved to Western Europe's poorer neighbors. As the i ....
Word count: 1631 - Page count: 6
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