Cohesive Growth in Europe: A Tale of Two Peripheries-Reference-Cited by-同舟云学术

Cohesive Growth in Europe: A Tale of Two Peripheries

Published:2021-03 Issue:2 Volume:56 Page:120-126
ISSN:0020-5346
Container-title:Intereconomics
language:en
Short-container-title:Intereconomics

Author:

Dauderstädt Michael

Abstract

AbstractOver the last two decades, income disparities between EU member states tended to decline, particularly before the financial crisis. While Central and Eastern Europe caught up with the EU average, Southern Europe fell behind after 2009. Catch-up growth in both peripheries relied on nominal convergence (real appreciation) and foreign capital. Further growth can and should be fostered by an economic policy that does not neglect domestic demand, stabilises capital markets and invests in research, education, health and intangibles.

Publisher

Springer Science and Business Media LLC

Subject

Economics, Econometrics and Finance (miscellaneous),Business, Management and Accounting (miscellaneous)

Link

http://link.springer.com/content/pdf/10.1007/s10272-021-0964-y.pdf

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5. Dauderstädt, M. (2016), From Crisis to Cohesion. Restoring Growth in Southern Europe, Friedrich Ebert Stiftung.

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