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stimulating and disciplining environment for large companies while at the same time facilitating the growth of young innovative …
Persistent link: https://www.econbiz.de/10009640166
In the present paper we question the mainstream diagnosis of Germany's post-2000 stagnation as well as the prescribed remedies. We show that the "institutional sclerosis" view of Germany's stagnation is unfounded and that therefore the political measures proposed and actually taken are...
Persistent link: https://www.econbiz.de/10003744530
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Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …
Persistent link: https://www.econbiz.de/10010517186
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The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in … economic research in the past 20 years. The positive or negative growth effects of a countryś regulatory framework are …. Therefore, the two potential determinants to growth might be interlinked. So far there is very little empirical evidence on the …
Persistent link: https://www.econbiz.de/10011298539
Economic policy in the EU faces a trilemma of solving three challenges simultaneously - growth, distribution, and the …
Persistent link: https://www.econbiz.de/10011336592
achieving high output growth. It is argued that due to the forward looking nature of the foreign exchange market, exchange rate …
Persistent link: https://www.econbiz.de/10011325969
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