Bocchi, Alessandro Magnoli, (2016), “Six Questions for Europe”, Εconomonitor Blog, January.
Europe is in decline. To avoid decay, it needs to bridge the gap between aspirations and reality. As practiced, democracy is failing citizens and needs rethinking. Below-replacement fertility rates put the welfare state at risk. Rigid social structures induce risk-aversion and stifle innovation. Immigration-without-integration erodes social cohesion. Without fresh thinking at the macro and micro level, growth will stagnate. Going forward, rather than fearing German power, Europe should welcome German leadership.
Relevant Posts
- Mody, Ashoka, (2016), “Another Slow Year for the Global Economy”, Project Syndicate, 4 January.
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Hatzis, Aristides N., Mercuro, Nicholas (2015), “Law and Economics-Philosophical Issues and Fundamental Questions”, Routledge publications, November.