The European Productivity Slowdown: How Lack of Political Will has Allowed European Productivity to Lag
Dangerously low inflation is only one of the Eurozone’s many ailments. Mario Draghi can try to “do whatever it takes” to bring economic revival, but more aggressive monetary policy will not change the underlying weaknesses of the Euro Area. The shortcomings of the European Union developed long before the string of recent crises. Once a … Read more