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Stagnation Versus Growth In Europe
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Book Synopsis Stagnation Versus Growth in Europe by : Luigi Paganetto
Download or read book Stagnation Versus Growth in Europe written by Luigi Paganetto and published by Springer. This book was released on 2016-05-17 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis GROWTH AND STAGNATION IN THE EUROPEAN ECONOMY by : INGVAR SVENNILSON
Download or read book GROWTH AND STAGNATION IN THE EUROPEAN ECONOMY written by INGVAR SVENNILSON and published by . This book was released on 1954 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Great Stagnation by : Tyler Cowen
Download or read book The Great Stagnation written by Tyler Cowen and published by Penguin. This book was released on 2011-01-25 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author :Ingvar Svennilson Publisher :Geneva, United Nations Economic Commission for Europe ISBN 13 : Total Pages :342 pages Book Rating :4.:/5 (13 download)
Book Synopsis Growth and Stagnation in the European Economy, by Ingvar Svennilson by : Ingvar Svennilson
Download or read book Growth and Stagnation in the European Economy, by Ingvar Svennilson written by Ingvar Svennilson and published by Geneva, United Nations Economic Commission for Europe. This book was released on 1954 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Impact of a structural total factor productivity slowdown on European Economic growth. Secular stagnation in the EU-15 countries and possible policy measures by : Jacques Meirer
Download or read book Impact of a structural total factor productivity slowdown on European Economic growth. Secular stagnation in the EU-15 countries and possible policy measures written by Jacques Meirer and published by GRIN Verlag. This book was released on 2020-12-09 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Economic Growth in the West by : Angus Maddison
Download or read book Economic Growth in the West written by Angus Maddison and published by Routledge. This book was released on 2014-06-11 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Economy of Europe in an Age of Crisis, 1600-1750 by : Jan de Vries
Download or read book The Economy of Europe in an Age of Crisis, 1600-1750 written by Jan de Vries and published by Cambridge University Press. This book was released on 1976-10-29 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the economic civilisation of Europe in the last epoch before the Industrial Revolution.
Book Synopsis Growth and Stagnation in the European Economy by : Ingvar 1908- Svennilson
Download or read book Growth and Stagnation in the European Economy written by Ingvar 1908- Svennilson and published by Hassell Street Press. This book was released on 2021-09-09 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis When 'secular Stagnation' Meets Piketty's Capitalism in the 21st Century by :
Download or read book When 'secular Stagnation' Meets Piketty's Capitalism in the 21st Century written by and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Growth, Stagnation and the Working Population in Western Europe by : Leif Ahnström
Download or read book Economic Growth, Stagnation and the Working Population in Western Europe written by Leif Ahnström and published by . This book was released on 1990 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Sustainable Growth in the EU by : Luigi Paganetto
Download or read book Sustainable Growth in the EU written by Luigi Paganetto and published by Springer. This book was released on 2017-05-26 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the diverse challenges facing the EU and in particular examines the impediments to financial stability and sustainable growth and how these can be overcome. Among the topics explored are the extent to which monetary union has favored real convergence, competitive imbalances in the eurozone, and the impacts of austerity measures. Potential solutions are closely scrutinized, highlighting the need for linked fiscal, monetary, credit, and investment choices. Opportunities for public and private investment in infrastructure, human capital, the environment, and innovation are emphasized, as is the role of fiscal stimulus targeting aggregate demand and output. Detailed attention is paid to the importance of coordination of macroeconomic policies and the scope for reforms in EMU design and EU governance. In this context, the proposals in the recent Five Presidents’ Report are assessed, along with other ideas regarding progressive steps aimed at closer economic, financial, and political union in the medium to long term. Readers will also find separate scrutiny of the Greek crisis and the effectiveness of the third economic adjustment programme. The book comprises a selection of contributions presented at the XXVIII Villa Mondragone International Economic Seminar.
Book Synopsis Economic Growth in Europe Since 1945 by : N. F. R. Crafts
Download or read book Economic Growth in Europe Since 1945 written by N. F. R. Crafts and published by Cambridge University Press. This book was released on 1996-04-18 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling volume re-examines the topic of economic growth in Europe after the Second World War. The contributors approach the subject armed not only with new theoretical ideas, but also with the experience of the 1980s on which to draw. The analysis is based on both applied economics and on economic history. Thus, while the volume is greatly informed by insights from growth theory, emphasis is given to the presentation of chronological and institutional detail. The case study approach and the adoption of a longer-run perspective than is normal for economists allow new insights to be obtained. As well as including chapters that consider the experience of individual European countries, the book explores general European institutional arrangements and historical circumstances. The result is a genuinely comparative picture of post-war growth, with insights that do not emerge from standard cross-section regressions based on the post-1960 period.
Book Synopsis Europe's Growth Challenge by : Anders Åslund
Download or read book Europe's Growth Challenge written by Anders Åslund and published by Oxford University Press. This book was released on 2017 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: A cogent and systematic look at the ways in which enacting fiscal and governmental policy changes might reinvigorate Europe's stagnant economy.
Book Synopsis The World Economy by : Dale W. Jorgenson
Download or read book The World Economy written by Dale W. Jorgenson and published by Cambridge University Press. This book was released on 2016-11-24 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first long-term analysis of the process of structural change and productivity growth in Asia, Europe, Latin America and the USA.
Book Synopsis The story of your city by : Greg Clark
Download or read book The story of your city written by Greg Clark and published by European Investment Bank. This book was released on 2018-10-31 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: By the end of this century, 9 out of 10 Europeans will live in an urban area. But what kind of city will they call home? You'll find all the answers in CITY, TRANSFORMED, the new essay series from the European Investment Bank. This panoramic first essay in the series lays out a great sweeping history of European cities over the last fifty years—and showcases new directions being taken by some of our most innovative cities. Urban experts Greg Clark, Tim Moonen, and Jake Nunley based at University College London take a definitive look at how Europe's cities transformed from post-industrial decline to thriving metropolises that are as prosperous and liveable as anywhere on Earth.
Book Synopsis Is Europe Doomed to Stagnation? An Analysis of the Current Crisis and Recommendations for Reforming Macroeconomic Policymaking in Euroland by : Jörg Bibow
Download or read book Is Europe Doomed to Stagnation? An Analysis of the Current Crisis and Recommendations for Reforming Macroeconomic Policymaking in Euroland written by Jörg Bibow and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper challenges the view that external shocks caused Euroland's 2001 slowdown and subsequent stagnation. Instead, the design of Euroland's macro policymaking arrangements is found lacking in looking after sufficient domestic demand growth. In the event the ECB has failed on its stabilization role - a rather vital role given that fiscal policy is severely constrained by the Stability and Growth Pact. As a result, Europe is in a precarious situation of stagnation today, and under the current regime there is even a risk of self-reinforcing destabilization. Hence, reforming the regime is urgent. A nominal GDP target to be pursued by fiscal and monetary policies in cooperation would provide Europe with the growth anchor that is currently missing.
Book Synopsis From Mind the Gap to Closing the Gap by :
Download or read book From Mind the Gap to Closing the Gap written by and published by . This book was released on 2015 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper looks at the growth stagnation in Europe since the beginning of the crisis, and places it in the light of the longer-term growth slowdown since the 1990s, as well as the projections forward for the remainder of the decade. Using a growth accounting approach, we compare the sources of the growth gap before and since the crisis. We observe a particularly rapid decline in the contributions of employment and total factor productivity to output growth. The projections to 2020 show that there is a continued large negative growth contribution from total factor productivity, which appears unsustainable. Looking at the growth gap relative to the United States, we find that while ICT capital intensity in Europe has largely converged on the US, the productivity effects were severely impacted by the crisis, especially because of a drop in the returns-to-scale from ICT use in non-ICT producing sectors. In the final part of the paper we focus on one key area to narrow (or even close) the TFP growth gap, by focusing on a shift in investment towards intangible (or knowledge) assets, such as ICT, innovative property and economic competencies. We find that at present the intensity of intangible investment in Europe is still much lower than in the United States. In the final section of the paper we draw conclusions with regard to the policy setting to revive long-term productivity growth through supporting the shift in its asset composition towards knowledge assets, notably the need to complete the single market in services, especially in the digital economy.
