2020AbstractRecovery from the recent financial crisis and “great recession” has been slower than after previous reces-sions in most developed countries and areas, especially Europe. But Europe’s growth problem is structuralin character and started much earlier. This paper analyzes the structural causes of the European slow growth,evaluates the policies that Europe adopted to overcome it, and concludes that even with the appropriatepolicies, the prospects for accelerating growth in Europe will be difficult, especially in the context of thecurrent US-China trade war.
Why does Europe grow more slowly than the United States?
COSTANTIELLO A
;LAURETI L
;
2020-01-01
Abstract
2020AbstractRecovery from the recent financial crisis and “great recession” has been slower than after previous reces-sions in most developed countries and areas, especially Europe. But Europe’s growth problem is structuralin character and started much earlier. This paper analyzes the structural causes of the European slow growth,evaluates the policies that Europe adopted to overcome it, and concludes that even with the appropriatepolicies, the prospects for accelerating growth in Europe will be difficult, especially in the context of thecurrent US-China trade war.File in questo prodotto:
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