Stagnation Versus Growth in Europe

Stagnation Versus Growth in Europe PDF Author: Luigi Paganetto
Publisher: Springer
ISBN: 3319269526
Category : Business & Economics
Languages : en
Pages : 222

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Book Description
This book explores the debate on the policies required to overcome the crises of 2008 and 2011, in which the focus on short-term measures has overshadowed the need to analyze the low growth rate in the European Union, and especially the Eurozone, as the basis for interventions that will counteract the tendency toward stagnation. Factors that lie at the root of the low growth are examined in depth, covering, for example, the impact of the demographic trend toward an aging population in Europe, consequences of inequality for growth, challenges posed by technological change, competition from emerging countries, and difficulties in improving European governance. In addition, potential actions to foster innovation and avoid long-term stagnation, such as new measures to open up markets, stimulate competition in services, and promote green growth, are discussed. The book comprises a selection of contributions presented at the XXVII Villa Mondragone International Economic Seminar, which brought together renowned economists and representatives of a broad range of countries and leading international institutions. It will appeal to all who are interested in the latest thinking on stagnation/growth, inequality, governance, competitiveness, and innovation in Europe.

Stagnation Versus Growth in Europe

Stagnation Versus Growth in Europe PDF Author: Luigi Paganetto
Publisher: Springer
ISBN: 3319269526
Category : Business & Economics
Languages : en
Pages : 222

Get Book Here

Book Description
This book explores the debate on the policies required to overcome the crises of 2008 and 2011, in which the focus on short-term measures has overshadowed the need to analyze the low growth rate in the European Union, and especially the Eurozone, as the basis for interventions that will counteract the tendency toward stagnation. Factors that lie at the root of the low growth are examined in depth, covering, for example, the impact of the demographic trend toward an aging population in Europe, consequences of inequality for growth, challenges posed by technological change, competition from emerging countries, and difficulties in improving European governance. In addition, potential actions to foster innovation and avoid long-term stagnation, such as new measures to open up markets, stimulate competition in services, and promote green growth, are discussed. The book comprises a selection of contributions presented at the XXVII Villa Mondragone International Economic Seminar, which brought together renowned economists and representatives of a broad range of countries and leading international institutions. It will appeal to all who are interested in the latest thinking on stagnation/growth, inequality, governance, competitiveness, and innovation in Europe.

GROWTH AND STAGNATION IN THE EUROPEAN ECONOMY

GROWTH AND STAGNATION IN THE EUROPEAN ECONOMY PDF Author: INGVAR SVENNILSON
Publisher:
ISBN:
Category :
Languages : en
Pages : 364

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Book Description


The Great Stagnation

The Great Stagnation PDF Author: Tyler Cowen
Publisher: Penguin
ISBN: 1101502258
Category : Business & Economics
Languages : en
Pages : 98

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Book Description
Tyler Cowen’s controversial New York Times bestseller—the book heard round the world that ignited a firestorm of debate and redefined the nature of America’s economic malaise. America has been through the biggest financial crisis since the great Depression, unemployment numbers are frightening, media wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How will we get out of this mess? One political party tries to increase government spending even when we have no good plan for paying for ballooning programs like Medicare and Social Security. The other party seems to think tax cuts will raise revenue and has a record of creating bigger fiscal disasters that the first. Where does this madness come from? As Cowen argues, our economy has enjoyed low-hanging fruit since the seventeenth century: free land, immigrant labor, and powerful new technologies. But during the last forty years, the low-hanging fruit started disappearing, and we started pretending it was still there. We have failed to recognize that we are at a technological plateau. The fruit trees are barer than we want to believe. That's it. That is what has gone wrong and that is why our politics is crazy. In The Great Stagnation, Cowen reveals the underlying causes of our past prosperity and how we will generate it again. This is a passionate call for a new respect of scientific innovations that benefit not only the powerful elites, but humanity as a whole.

Growth and Stagnation in the European Economy, by Ingvar Svennilson

Growth and Stagnation in the European Economy, by Ingvar Svennilson PDF Author: Ingvar Svennilson
Publisher: Geneva, United Nations Economic Commission for Europe
ISBN:
Category :
Languages : en
Pages : 342

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Book Description


Impact of a structural total factor productivity slowdown on European Economic growth. Secular stagnation in the EU-15 countries and possible policy measures

Impact of a structural total factor productivity slowdown on European Economic growth. Secular stagnation in the EU-15 countries and possible policy measures PDF Author: Jacques Meirer
Publisher: GRIN Verlag
ISBN: 3346311481
Category : Political Science
Languages : en
Pages : 87

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Book Description
Master's Thesis from the year 2020 in the subject Business economics - Economic Policy, grade: 1,5, Humboldt-University of Berlin, language: English, abstract: The aim of this thesis was to identify the background and determinants of the stagnating economic growth in the EU-15 countries and to evaluate whether the region has entered a secular stagnation. To this end, the inuence of a structural total factor productivity (TFP) slowdown on European economic growth was empirically examined. In order to obtain the results for this study, a logit panel regression was carried out with the EU-15 countries over the period from 1950 to 2017. It became particularly clear that the TFP slowdowns increased over the years while TFP upswings decreased. This tendency can mainly be attributed to a lack of human capital, too little intra-European cooperation, too many regulatory hurdles and too much employment in the services sector. These highly structural factors and their inuence on TFP growth and, ultimately, economic growth, demonstrate that the EU-15 countries have fallen into an economic stagnation dynamic that is strongly reminiscent of the model of secular stagnation. Only the way in which policymakers deal with the current pandemic will show how strong and protracted the current stagnation of economic growth will be.

Economic Growth in the West

Economic Growth in the West PDF Author: Angus Maddison
Publisher: Routledge
ISBN: 1136788492
Category : Business & Economics
Languages : en
Pages : 245

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Book Description
Hailed a "an outstanding contribution to our knowledge of the way in which western economies work" [Times Literary Supplement], this penetrating study of economic growth compares and analyzes tic rates of economic advance in the twelve leading countries that comprise the industrial West. Mr. Maddison examines why, after relative stagnation for several decades, the rate of economic development accelerated in continental Europe in the 1950’s, whether this represented a new economic pattern which could be maintained or was only a passing phase of recovery after World War II. He observes that the economies of North America and the United Kingdom seemed by comparison almost to stand still, and he explores the influence of economic policy on the differing growth rates, and the growth potentials and desirable lines of policy in the industrial West. He then discusses the major powers’ policy problems, whose outcome so closely affects the developing nations. Mr. Maddison presents basic statistical series, going back to 1870 in most cases, on gross national products, productivity, population, labor force, employment, working hours, investment and capital-output ratios. He draws upon this rich fund of comparative statistics with skill and insight, relating it throughout to the broad questions of economic policy which are at issue. This classic book was first published in 1964.

The Economy of Europe in an Age of Crisis, 1600-1750

The Economy of Europe in an Age of Crisis, 1600-1750 PDF Author: Jan de Vries
Publisher: Cambridge University Press
ISBN: 9780521290500
Category : Business & Economics
Languages : en
Pages : 302

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Book Description
This book looks at the economic civilisation of Europe in the last epoch before the Industrial Revolution.

Growth and Stagnation in the European Economy

Growth and Stagnation in the European Economy PDF Author: Ingvar 1908- Svennilson
Publisher: Hassell Street Press
ISBN: 9781013666582
Category :
Languages : en
Pages : 368

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Book Description
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

When 'secular Stagnation' Meets Piketty's Capitalism in the 21st Century

When 'secular Stagnation' Meets Piketty's Capitalism in the 21st Century PDF Author:
Publisher:
ISBN: 9789279448249
Category :
Languages : en
Pages :

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Book Description


Economic Growth, Stagnation and the Working Population in Western Europe

Economic Growth, Stagnation and the Working Population in Western Europe PDF Author: Leif Ahnström
Publisher: *Belhaven Press
ISBN: 9780470218846
Category : Science
Languages : en
Pages : 198

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Book Description
Based on 35 years (1950-85) of research, it provides a detailed account of post-war changes in Western European economy. Examines the growth and decline of various industries, occupations and employment status groups into which the economically active population of a country is customarily divided. Discusses and monitors the simultaneous changes in size and composition of the gross domestic product. Offers an insightful explanation of the concomitant restructuring of the working population of 13 countries.