What Can the EMU's Peripheral Countries Learn From Regional Growth? WWWforEurope Policy Paper No. 7
The experiences of 259 regions in 21 European countries with within country GDP per capita and labour productivity growth suggest that variables associated with pro-active, growth oriented strategies are consistently more important predictors of successful regional development than variables related...| Link(s) zu Dokument(en): | WIFO Publikation |
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| Veröffentlicht in: | WIFO Studies |
| Hauptverfasser: | , , |
| Format: | book |
| Sprache: | Englisch |
| Veröffentlicht: |
2013
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| Zusammenfassung: | The experiences of 259 regions in 21 European countries with within country GDP per capita and labour productivity growth suggest that variables associated with pro-active, growth oriented strategies are consistently more important predictors of successful regional development than variables related to austerity for a range of measures of successful development. Since regions are the only historical examples of restructuring in currency unions, we therefore also argue for a more growth oriented strategy to solve the problems of the European periphery and outline some features of such a strategy. |
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