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Transforming the European Economy

Transforming the European Economy

Paperback

Economics

ISBN10: 0881323438
ISBN13: 9780881323436
Publisher: Peterson Institute for International Economic
Published: Sep 10 2004
Pages: 368
Weight: 1.11
Height: 0.77 Width: 6.00 Depth: 8.98
Language: English
Europe grew rapidly for many years, but now, faced with greater challenges, several of the large economies in Europe have either failed to generate enough jobs or have failed to achieve the highest levels of productivity or both. This study explores why Europe's growth slowed, what contribution information technology makes to growth, and what policies could facilitate economic transformation. It emphasizes a system with strong work incentives and a high level of competitive intensity. Europe doesn't need to eliminate its protections for individuals, the authors conclude, but both social programs and policies toward business must be reoriented so that they encourage economic change.

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Economics