Abstract

The expression "New Economy" is used inconsistently. This Article review the driving forces of the US boom of the 1990s, examining the changes introduced in the period and before, focusing on the IT sector and new technologies. The "New Economy" is not just the new sectors, but changes in the overall economy emanating from them. These changes will not evaporate in an economic slowdown. Comparisons of the USA with Germany and Europe illustrate that the "New Economy" will also continue to develop there on the foundations already laid.

Original Publication Citation

Economy and 'New Economy' in the United States and Germany, Intereconomics: Review of European Economic Policy, Vol. 36, No. 4, July/August, 21, pp. 18-19. http://www.springerlink.com/content/1w533w3pr36t27/ http://www.intereconomics.eu/archiv/suche.php

Document Type

Peer-Reviewed Article

Publication Date

2001-07-01

Permanent URL

http://hdl.lib.byu.edu/1877/2809

Publisher

Springer Verlag

Language

English

College

Family, Home, and Social Sciences

Department

Economics

Included in

Economics Commons

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