Åslund, Andres, Djankov, Simeon, (2017), “Europe’s Growth Challenge”, Oxford University Press, February
In the wake of the Great Recession, Europe’s economy has stagnated to a considerable degree-greater even than that of the United States. Forecasts suggest an abysmal annual growth rate of about one percent over the next five years, and it now appears that Europe’s enviable structural features, that is, their superior social safety net, leading educational facilities, and outstanding infrastructure will be in jeopardy if higher levels of growth cannot be achieved in the mid- to long-term.
Relevant Posts
- Darvas, Zsolt, B.Wolf, Guntram, (2016), “An anatomy of inclusive growth in Europe”, Bruegel, 27 October
- Bouthevillaina, Carine, Dufrénotb, Gilles, (2016), “Fiscal policies enhancing growth in Europe: does one size fit all?”, Oxford Economic Papers, 2 June