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Stagnation Versus Growth in Europe - Capitalism in the 21st Century (Hardcover, 1st ed. 2016)
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Stagnation Versus Growth in Europe - Capitalism in the 21st Century (Hardcover, 1st ed. 2016)
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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.
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