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Economic crisis slows European convergence

Matthias Diermeier, Markos Jung and Pekka Sagner

No 30/2018e, IW-Kurzberichte from Institut der deutschen Wirtschaft (IW) / German Economic Institute

Abstract: Up until the economic and financial crisis, economic conditions in the European regions had been converging. This process has come to a complete standstill in recent years due to lower growth in Eastern Europe and stagnation in Southern Europe.

Date: 2018
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