Advertisement

Promoting Growth and Welfare in a Changing Europe: Economic Analysis and Policy

  • Jean-Luc Gaffard

Abstract

The problem that is common to all European economies is how to maintain full employment, social achievements and levels of welfare. The common answer is growth and innovation, that is, access to the most advanced technologies — the way to revamp the growth process. As to achieving this, there is today a prevailing consensus, derived mainly from unfavourable comparison with the performance of the US economy, which consists in promoting the emergence of a new institutional framework and enhancing potential growth rates.

Keywords

Labour Market Monetary Policy Euro Area Coordination Mechanism Competition Policy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. D. Acemoglu, P. Aghion and R Zilibotti, ‘Distance To Frontier, Selection, and Economic Growth’, NBER Working Paper, no. 9066 (2002).CrossRefGoogle Scholar
  2. M. Arriendola and J.-L. Gaffard, Out of Equilibrium (Oxford: Clarendon Press, 1998).Google Scholar
  3. M. Arriendola and J.-L. Gaffard, ‘Persistent Unemployment and Co-ordination Issues: an Evolutionary Perspective’, Journal of Evolutionary Economics, 13 (2003), 1–27.CrossRefGoogle Scholar
  4. M. Amendola, J.-L. Gaffard and P. Musso, ‘Viability of Innovation Processes, Emergence and Stability of Market Structures’, in M. Gallegati, A. Kirman and M. Marsili (eds), The Complex Dynamics of Economic Interaction, Proceedings of the WEHIA Conference (Berlin: Springer Verlag, 2003), pp. 49–77.Google Scholar
  5. R. Baldwin, P. Martin and G. Ottaviano, ‘Global Income Divergence, Trade, and Industrialization: the Geography of Growth Take-offs’, Journal of Economic Growth, 6 (2001), 5–37.CrossRefGoogle Scholar
  6. F. Bellone, P. Musso and M. Quéré, ‘Analysing the Pre-exit Performances of French Manufacturing Firms over the Last Decade’, Comparative Analysis of Enterprise (micro) Data Conference, London (2003), September 15–16.Google Scholar
  7. S. Bentolila and J. Dolado, ‘Labour Flexibility and Wages’, Economic Policy, 18 (1994), 55–99.Google Scholar
  8. T. Boeri, ‘Enforcement of Employment Security Regulations, On-the-job Search and Unemployment Duration’, European Economic Review, 43 (1) (1999), 65–89.CrossRefGoogle Scholar
  9. B. Böhm and L. F. Punzo, ‘Productivity-Investment Fluctuations and Structural Change’, in L. F. Punzo (ed.), Cycle, Growth and Structural Change (London: Routledge, 2001).Google Scholar
  10. B. Böhm, J.-L. Gaffard and L.F. Punzo, ‘Industrial Dynamics and Employment in Europe’, Research Report, European Commission, Targeted Socio-Economic Research Programme (2001).Google Scholar
  11. EEAG (European Economic Advisory Group at CES-IFO), Report on the European Economy 2004, Center of Economic Studies and Ifo Institute for Economic Research, Munich (2004).Google Scholar
  12. J.-P. Fitouss, D. Jestaz, E.S. Phelps and G. Zoega, ‘Roots of the Recent Recoveries: Labor Reforms or Private Sector Forces’, Brookings Papers on Economic Activity, 1 (2000), 237–311.CrossRefGoogle Scholar
  13. J.-L. Gaffard and L.F. Punzo, ‘Economic Integration and Cross-country Convergence: Exercises in Growth Theory and Empirics’, forthcoming in F. Farina and E. Savaglio (eds), Inequality and Economic Integration (London: Routledge, 2005).Google Scholar
  14. J. R. Hicks, Essays in World Economics (Oxford: Clarendon Press, 1959).Google Scholar
  15. J. R. Hicks, Economic Perspectives (Oxford: Clarendon Press, 1977).CrossRefGoogle Scholar
  16. P. Krugman and A.J. Venables, ‘Globalization and the Inequality of Nations’, Quarterly Journal of Economics, 110 (4) (1995), 857–80.CrossRefGoogle Scholar
  17. P. Martin and G. Ottaviano, ‘Growing Locations: Industry Location in a Model of Endogenous Growth’, European Economic Review, 43 (2) (1999), 281–302.CrossRefGoogle Scholar
  18. M. Mazzucato, ‘The PC Industry: New Economy or Early Life Cycle’, Review of Economic Dynamics, 5 (2002), 318–45.CrossRefGoogle Scholar
  19. K. Nishimura, T. Nakajima and K. Kiyota, ‘Does the Natural Selection Mechanism Still Work in Severe Recession’, Journal of Economic Behavior and Organization (forthcoming).Google Scholar
  20. C.D. Romer, ‘Changes in Business Cycles: Evidences and Explanations’, NBER Working Paper, no. 6948 (1999), February.CrossRefGoogle Scholar
  21. A. Sapir et al., ‘An Agenda for a Growing Europe: Making the EU Economic System Deliver’, European Commission, Brussels (2003).Google Scholar

Copyright information

© Jean-Luc Gaffard 2005

Authors and Affiliations

  • Jean-Luc Gaffard

There are no affiliations available

Personalised recommendations