Socialism, Capitalism and Economic Growth: Essays Presented by C. H. Feinstein

By C. H. Feinstein

Those essays have been written in 1969 to mark the retirement of Maurice Dobb from the Readership in Economics an Cambridge college. The individuals are economists and historians from many elements of the area. The unifying topic, monetary progress and making plans lower than socialism and capitalism, used to be significant to the key a part of Maurice Dobb's work.

Contributors: Eric Hobsbawm, Leif Johansen, Robert M. Solow, Amartya okay. Sen, R. M. Goodwin, Péter Erdös, A. A. Konüs, Michal Kaleki, O. Kýn, B. Sekerka and L. Hejl, Jan Tinbergen, Ota Šik, Oskar Lange, Kurt W. Rothschild, Joan Robinson, Paul M. Sweezy, Josef Steindl, Theodor Prager, ok. N. Raj, Sh. Ya. Turwtsky, Antonio Pesenti, Surendra J. Patel, E. H. Carr, R. H. Hilton, Christopher Hill.

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BCR and Standards, Measurement and Testing Programmes BCR was part of the Industrial and Materials Technologies Programme. It was allocated only 140 MECU under the second Framework Programme. BCR was replaced by the Standards Measurement and Testing Programme on 15 December 1994. Under the Fourth Framework Programme the Standards Measurement and Testing programme’s budget at 288 MECU was double that under the Second Framework Programme, but as the budget for the whole Industrial and Materials Technologies Programme had more than doubled, BCR comprised an even smaller component of the programme than a decade earlier.

Producing new technologies and developing new organizational principles determine long-term success in terms of increased quality and innovation of products and, thus, economic growth. Product life cycles are increasingly reduced; products rarely reach a stage of maturity as they become obsolete or are outcompeted before they can become fully standardized. Continuous technological change is the hallmark of today’s competitive struggle and determines a company’s and a country’s economic success.

2 European Union funding Programmes are funded through the EU’s regular budget and all member states contribute financially to the programmes. A total amount for R&D is allocated and decided upon within the EC’s total budget and distributed according to the number of categories in each of the Programmes (Skoie 1995, 33). The scale and scope of the EU’s support for research has continued to grow but remains a small proportion of total expenditure on R&D in the EU as a whole; in 1993 EC funding represented less than 4 per cent of total government research funding in the 12 member states.

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