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Regional Integration as a Vehicle for Microeconomic Disintegration; Some Macroeconomic Implications of the Reorganization of Firms

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Part of the book series: Advances in Spatial and Network Economics ((ADVS ECONOMICS))

Abstract

This chapter discusses the impact of the EC program for 1992 on the organization of production in manufacturing firms and the derived macroeconomic consequences for a small open economy. Flexibility is the key concept in this chapter. On the micro-level it is argued that the intensified competition due to “EC 1992” is forcing firms to adopt more flexible production technologies. The type of micro-level flexibility — i.e., whether it can be characterized as being dynamic or static — determines the scope for flexibility at the macro-level.

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© 1994 Springer-Verlag Berlin · Heidelberg

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Braunerhjelm, P. (1994). Regional Integration as a Vehicle for Microeconomic Disintegration; Some Macroeconomic Implications of the Reorganization of Firms. In: Johansson, B., Karlsson, C., Westin, L. (eds) Patterns of a Network Economy. Advances in Spatial and Network Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-78898-7_10

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  • DOI: https://doi.org/10.1007/978-3-642-78898-7_10

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-78900-7

  • Online ISBN: 978-3-642-78898-7

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