Csaba, László (2014) Developmental perspectives on Europe. Society and Economy, 36 (1). pp. 21-36. DOI 10.1556/SocEc.36.2014.1.3
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Official URL: http://akademiai.com/content/9513q66n57k13685/
Abstract
The crisis of 2008–2009 has ended, stockmarkets skyrocketed in 2012–2013, while growth of the real sector remained sluggish in Europe. This article attempts to explain the latter puzzle. Analyzing long term factors, the costs of short-termism in crisis management become obvious. The limitations of EU as a growth engine are highlighted.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | fiscal consolidation, growth crisis, structural reform, new political economy |
| JEL classification: | O11 - Macroeconomic Analyses of Economic Development O23 - Fiscal and Monetary Policy in Development P26 - Socialist Systems and Transitional Economies: Political Economy; Property Rights |
| Divisions: | Faculty of Economics > Department of Comparative Economics |
| Subjects: | Economic development Economic policy |
| DOI: | 10.1556/SocEc.36.2014.1.3 |
| ID Code: | 1463 |
| Deposited By: | Ádám Hoffmann |
| Deposited On: | 25 Feb 2014 10:50 |
| Last Modified: | 13 Dec 2021 09:23 |
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