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来源类型Article
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Downward spiral
Desmond Lachman; Stephen L. S. Smith; Bruce G. Webb
发表日期2016-09-13
出版年2016
语种英语
摘要One has to be concerned about the near-term prospect of an intensification of the Eurozone’s downward economic and political spiral. Not only is the Eurozone economic recovery showing clear signs of sputtering despite the unusually favorable tailwinds it is now experiencing, but its politics are also showing increased signs of fragmentation ahead of key elections over the next 12 months in each of the Eurozone’s four most important countries. Over the past decade, the distinguishing feature of the Eurozone economy has been its failure to deliver meaningful economic growth. Whereas today the United States economy is some 10 percentage points above its pre-2008 crisis level, the European economy has barely regained that level. Worse yet, major European economies like Italy and Spain are still some 7 percent below their pre-2008 peak levels, while the overall European unemployment rate remains stuck in double digits. This article appeared in US News & World Report on September 13, 2016. It will be published here on September 20, 2016.
主题Economics ; International Economics
标签European Union (EU) ; Germany ; Italy
URLhttps://www.aei.org/articles/downward-spiral/
来源智库American Enterprise Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/261140
推荐引用方式
GB/T 7714
Desmond Lachman,Stephen L. S. Smith,Bruce G. Webb. Downward spiral. 2016.
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