Europe and Future Growth

Serban Dan ()
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Serban Dan: “Alexandru Ioan Cuza” University of Iasi

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 2, 774-779

Abstract: The paper try to examine the sustainable long term growth problem in Europe. Economic growth is fragile in many countries members of U.E. In the context of public austerity, the ageing populations, the lagging productivity in the service sectors (in line with the United States) and the relatively inflexible labour market constitute serious challenges. Europe can obtain more sustainable growth if made reforms in three areas : reforming labour markets, unlocking the full growth potential of service sectors and aligning policies to growth and innovation. If European leaders act boldly, just as Sweden did in the 1990s, they can lead European economies to a sustainable path of growth.

Keywords: economic growth; productivity; Europe. (search for similar items in EconPapers)
JEL-codes: F43 O41 O47 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:2:p:774-779

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