patent-based measure of Europe's innovation performance. It also identifies several policies that may affect the R …

and prove that Europe is still a worthwhile place to invest. The crisis has a similar impact on most European countries … emerging countries of Asia and Latin America. Productivity improvement was immediate in the US, but Europe hoarded labour and … in Europe, Brussels, 6 October 2011. …

role in the recent weak credit performance of Europe. There are reasons to believe that, despite various efforts, normal … significant real exchange rate depreciation, which has hardly occurred so far in most of Europe. This stylised fact suggests that …