Economic Growth in the European Union

Seppo Honkapohja and Frank Westermann
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Frank Westermann: EEAG

Chapter 8 in Designing the European Model, 2009, pp 259-295 from Palgrave Macmillan

Abstract: Abstract Sluggish economic growth in many EU countries has been a major concern in Europe in the past ten to fifteen years. In the post-war period up to the 1990s European countries appeared to be catching up with the United States as the gap between GDP per capita in the US and West European countries gradually narrowed. This tendency was dramatically reversed in the 1990s. The catching-up process appears to have come to an end and several EU countries, in particular France, Germany and Italy, have started to fall further behind the US.1

Keywords: Sluggish; Economic; Growth (search for similar items in EconPapers)
Date: 2009
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Working Paper: Economic growth in the European Union (2006)
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DOI: 10.1057/9780230236653_9

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