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Stagnation Versus Growth in Europe

Capitalism in the 21st Century

  • Conference proceedings
  • © 2016

Overview

  • Analyzes in depth the roots of low growth in the European Union and Eurozone

  • Discusses policies that may contribute in overcoming the tendency toward stagnation

  • Comprises a selection of contributions to the XXVII Villa Mondragone International Economic Seminar

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Table of contents (13 papers)

Keywords

About this book

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.

Editors and Affiliations

  • FUET, Economics Foundation, University of Rome Tor Vergata, Rome, Italy

    Luigi Paganetto

About the editor

Luigi Paganetto is Emeritus Professor and Full Professor of European Economics at the University of Rome Tor Vergata, and President of the Economics Foundation Tor Vergata for Economic Research. He participates as an expert in European and International working groups. He is the author of articles and books in the fields of Macroeconomics, International Economics, Italian and European Industrial Economics, and Energy and Environment.

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