Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/156719
Authors: 
Gros, Daniel
Year of Publication: 
2016
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Volume:] 51 [Year:] 2016 [Issue:] 6 [Pages:] 318-320
Abstract: 
Most of Southern Europe is only gradually emerging from the devastating effects of the eurozone crisis, with unemployment receding only gradually and a country as big as Italy seemingly stuck in a growth rate below one per cent even as risk premia have fallen dramatically. But Europe is more than a collection of special cases. There is a broader trend, which affects all countries: growth is falling and certainly falling far short of expectations. The recipe almost universally recommended is "structural reforms". But this is a recipe that has been tried intensively in recent decades, and it has failed.
Persistent Identifier of the first edition: 
Document Type: 
Article

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