Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/128806
Authors: 
Aiginger, Karl
Guger, Alois
Year of Publication: 
2005
Series/Report no.: 
WIFO Working Papers 266
Abstract: 
This paper analyses the main characteristics of the European Socio-Economic Model. We discuss how the model varies across countries within Europe, examine how the model has changed over time and compare the European model with the corresponding US model. While the differences with regard of growth dynamics are very small in the long run (1960 to 1990), growth rates diverge in the past 15 years. Performance differences as well as the reforms which have taken place, allow us to delineate elements of a "Reformed European Model", which on the one hand upholds important characteristics of the European Society, but on the other hand can still be competitive in the globalised economy.
Document Type: 
Working Paper

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