Joebges, Heike; Lindner, Fabian; Niechoj, Torsten - 2010
's economic growth for much longer. Growth and employment tend to be driven only by export surpluses again - very much like before … the crisis. This export driven growth model, however, has not been an economic success story. On the one hand, despite … export surpluses, growth rates were below the euro area's average since the introduction of the euro in 1999 until 2007. On …