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A Review of Arno Tausch's Book "The City on the Hill" Print E-mail
bridges vol. 10, June 2006 / Book & Film Reviews
by Francesco Duina

The City on the Hill: The Latin Americanization of Europe
and the Lost Competition to the USA
by Arno Tausch.
New York: Rozenberg Publishers, 2006, 185 pp.

Duina_Francesco_caption With his usual zest for data and statistics, Arno Tausch presents us in this new book with a deluge of evidence in support of an unusual and - if correct - terrifying thesis: Europe is at a crossroads, more likely to become a second-tier player in the global economy than to catch up with the dynamic United States or Japan. He opens, for instance, by showing that in 1820 the gross domestic product per capita in Western Europe was 102 percent of that of North America and Australia. At the end of the 20th century, the figure was 68 percent. Japan's performance relative to North America and Australia has increased from 56 percent to 78 percent. Other indicators, such as unemployment and the United Nations' measures for poverty or fatal work accidents, point in the same direction.

 

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