The evolution of the managed economy in Europe

How should we think about the evolution of the managed economy in Eruope? The paper analysed this issue in the context of the diverse traditions of economic manangement typifying the major European countries over the postwar period. The argument is that the effects of these traditions still linger in the emerging European management framework as the movement towards econmic and monetary union gathers pace. The paper ends with as assessment of the prospects for an integrated European management approach and th eimpact this might have on the wider international economic environment.