A New Narrative for Europe? Summary of a BRIE-ETLA Seminar

Timo Harakka

No 1274, Discussion Papers from The Research Institute of the Finnish Economy

Abstract: The EU is currently facing great challenges. Paradoxically, however, the crisis has demonstrated the endurance of the European model. The only long-term solution to the current challenges is to achieve sustained growth. To achieve this goal, Europe must balance austerity and expansion. In the current era of globalisation, the key to Europes success is to avoid the commodity trap and to discover the sweet spots of global value creation

Pages: 14 pages
Date: 2012
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