Bart, Verspagen; Fagerberg J. - United Nations University-Maastricht Economic Research … - 2014
The European economy is currently in a slump, the worst since the 1930s. Although this is often seen as a consequence of the financial crisis that hit the capitalist world in 2007-8, we argue that many of the problems that Europe faces today have long-term roots to do with the fact that Europe...