Adjustment within the Euro Area: is it all about competitiveness?
"The key problem afflicting the eurozone today seems clear: the periphery experienced a large loss of competitiveness during the boom years. In order for these economies to recover, they must restore their competitiveness, ideally by increasing productivity. This contribution shows, however, th...
| Main Author: | |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Brussels
2016
CEPS |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19106534124919247169-adjustment-within-the-euro-are.htm |
| _version_ | 1771659900110241794 |
|---|---|
| author | Gros, Daniel |
| author_facet | Gros, Daniel |
| collection | Library items |
| description | "The key problem afflicting the eurozone today seems clear: the periphery experienced a large loss of competitiveness during the boom years. In order for these economies to recover, they must restore their competitiveness, ideally by increasing productivity. This contribution shows, however, that the story line is not that straightforward. The drivers of competitiveness might have been more macro than micro in nature. The relationship between productivity and competitiveness is sometimes the opposite of what one would expect; and the link between competitiveness and exports is also much weaker than generally believed." |
| format | TEXT |
| geographic | EU countries |
| id | 19106534124919247169_325e592eae864be48233401480f01a52 |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19106534124919247169_325e592eae864be48233401480f01a52 |
| is_hierarchy_title | Adjustment within the Euro Area: is it all about competitiveness? |
| language | English |
| physical | 16 p. Digital |
| publishDate | 2016 |
| publisher | Brussels CEPS |
| spellingShingle | Gros, Daniel competitiveness EMU productivity Adjustment within the Euro Area: is it all about competitiveness? |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=107144692532 |
| title | Adjustment within the Euro Area: is it all about competitiveness? |
| topic | competitiveness EMU productivity |
| url | https://www.labourline.org/KENTIKA-19106534124919247169-adjustment-within-the-euro-are.htm |