Perspectives on the Performance of the Continental Economies (CESifo Seminar Series) (repost)
Edmund S. Phelps, "Perspectives on the Performance of the Continental Economies (CESifo Seminar Series)"
Publisher: The MIT Press | ISBN 10: 0262015315 | 2011 | PDF | 512 pages | 3.4 MB
Publisher: The MIT Press | ISBN 10: 0262015315 | 2011 | PDF | 512 pages | 3.4 MB
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.