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Perspectives on the Performance of the Continental Economies by Edmund S. Phelps
2011 | ISBN-10: 0262015315 | PDF | 512 pages | 4 MB
Clik here to view.

Perspectives on the Performance of the Continental Economies by Edmund S. Phelps
2011 | ISBN-10: 0262015315 | PDF | 512 pages | 4 MB
Economists disagree on what ails the economies of continental western Europe, which are widely perceived to be underperforming in terms of productivity and other metrics. Is it some deficiency in their economic system--in economic institutions or cultural attitudes? Is it some effect of their welfare systems of social insurance and assistance? Or are these systems healthy enough but weighed down by adverse market conditions?