| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8827 |
| DP8827 Western Europe's Growth Prospects: an Historical Perspective | |
| Nicholas Crafts | |
| 发表日期 | 2012-02-01 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | This paper surveys the recent economic history of Western European growth. It concludes that this experience has been disappointing and that further reforms are desirable in many countries. The requirement for reform comes both from achieving 'close-to-frontier' status and from the opportunities provided by the new technological era. The paper goes on to consider the effects that the current crisis may have on medium-term growth rates. The lesson from the 1930s is that, if the current crisis leads to a similarly bad downturn, the policy reaction in terms of greater state intervention will not be conducive to improved growth prospects. |
| 主题 | International Macroeconomics |
| 关键词 | Catch-up growth General purpose technology Social capability Supply-side policy |
| URL | https://cepr.org/publications/dp8827 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537663 |
| 推荐引用方式 GB/T 7714 | Nicholas Crafts. DP8827 Western Europe's Growth Prospects: an Historical Perspective. 2012. |
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