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dc.contributor.authorGros, Danielen_US
dc.contributor.authorAlcidi, Cinziaen_US
dc.identifier.citationIntereconomics 1613-964X Springer Heidelberg 44 2009 4 255-260en_US
dc.description.abstractEuropeans have a tendency to call the financial crisis a US problem, or a crisis precipitated by the Anglo-Saxon model. The data suggest otherwise. Moreover, the corporate sector in Europe has a much lower capacity to finance investment from internal sources of funds, which implies that a recovery of investment in Europe will be much more difficult than in the USA, as long as the banking sector remains weakened by excessive levels of leverage. The cost of the crisis could thus be much larger in Europe than in the USA.en_US
dc.publisherSpringer Heidelbergen_US
dc.titleWhy Europe will suffer moreen_US
Appears in Collections:Intereconomics - Review of European Economic Policy

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