Why does Europe grow more slowly than the United States?

Fred Campano, Alberto Costantiello (), Lucio Laureti and Dominick Salvatore

Journal of Policy Modeling, 2020, vol. 42, issue 4, 903-912

Abstract: Recovery from the recent financial crisis and “great recession” has been slower than after previous recessions in most developed countries and areas, especially Europe. But Europe's growth problem is structural in 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 appropriate policies, the prospects for accelerating growth in Europe will be difficult, especially in the context of the current US-China trade war.

Keywords: Global financial crisis; World growth; European growth; U.S.-China trade war (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0161893820300478
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jpolmo:v:42:y:2020:i:4:p:903-912

DOI: 10.1016/j.jpolmod.2020.03.013

Access Statistics for this article

Journal of Policy Modeling is currently edited by A. M. Costa

More articles in Journal of Policy Modeling from Elsevier
Bibliographic data for series maintained by Catherine Liu ().