In addition to traditional growth models, 3T (Technology, Talent, Tolerance) approach, initially proposed by Richard Florida, has gained popularity since the beginning of the 21st century in explaining determinants of economic growth and development. This approach emphasizes the important role...

This chapter reviews the recent economic situation, trends and perspectives of the Eurozone. First, we summarize the main features of the double crisis that hurt the euro area since 2008–2009, including the more recent slow recovery. Second, we discuss the policies adopted in the Eurozone...

In most European countries, the youth unemployment rate is much higher ? at least double but in some countries also triple ? than the adult unemployment rate. The NEET group (young people ?neither in employment, education or training?) is also particularly large. The 2008-09 financial crisis,...