Transforming the European economy

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書誌事項

Transforming the European economy

Martin Neil Baily, Jacob Funk Kirkegaard

Institute for International Economics, 2004

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注記

Bibliography: p. 311-327

Includes index

内容説明・目次

内容説明

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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