What’s Wrong with Europe’s Economy?
Adair Turner
Chapter 1 in Challenges for Europe, 2004, pp 1-30 from Palgrave Macmillan
Abstract:
Abstract My title for this lecture clearly indicates my view that something is wrong. In 2001, there was much confidence about Europe’s prospects, relative to the US. The euro had been successfully launched. Its impact on intra-European trade and industrial restructuring was already apparent and the difficult period of pre-launch fiscal consolidation lay in the past. The US, with greater personal exposure to stock market investment, appeared more vulnerable to the dotcom bust.
Keywords: Labour Market; Productivity Growth; Social Choice; European Central Bank; European Monetary Union (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52449-1_1
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DOI: 10.1057/9780230524491_1
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