Perspectives on the Performance of the Continental Economies

Perspectives on the Performance of the Continental Economies

English | 15 July 2011 | ISBN: 0262015315 | 511 Pages | PDF | 3.89 MB

Leading economists consider the apparent underperformance of the European economy, testing various explanations against data. Economists disagree on what ails the economies of continental western Europe, which are widely perceived to be underperforming in terms of productivity and other metrics. Is it some deficiency in their economic system-in economic institutions or cultural attitudes? Is it some effect of their welfare systems of social insurance and assistance? Or are these systems healthy enough but weighed down by adverse market conditions? In this volume, leading economists test the various explanations for Europe's economic underperformance against real-world data.

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