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Introduction

Published online by Cambridge University Press:  31 March 2020

Nauro F. Campos
Affiliation:
University College London
Paul De Grauwe
Affiliation:
London School of Economics and Political Science
Yuemei Ji
Affiliation:
University College London
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Summary

Since the financial crisis started in 2007–2008, many advanced economies have struggled to return to their precrisis growth path. Although the recovery in the United States was relatively rapid, Europe’s wasn’t. A sovereign debt crisis led to a double-dip recession in the euro area. Unemployment soared, particularly youth unemployment in the periphery countries, and private and public investment experienced an extremely slow and protracted recovery with its precrisis level still not being reached in many countries. The experience has also been uneven across Europe’s core and periphery countries: from the form in which reforms were designed and implemented to the depth and speed of the recovery.

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Publisher: Cambridge University Press
Print publication year: 2020

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  • Introduction
  • Edited by Nauro F. Campos, University College London, Paul De Grauwe, London School of Economics and Political Science, Yuemei Ji, University College London
  • Book: Economic Growth and Structural Reforms in Europe
  • Online publication: 31 March 2020
  • Chapter DOI: https://doi.org/10.1017/9781108782517.001
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  • Introduction
  • Edited by Nauro F. Campos, University College London, Paul De Grauwe, London School of Economics and Political Science, Yuemei Ji, University College London
  • Book: Economic Growth and Structural Reforms in Europe
  • Online publication: 31 March 2020
  • Chapter DOI: https://doi.org/10.1017/9781108782517.001
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Introduction
  • Edited by Nauro F. Campos, University College London, Paul De Grauwe, London School of Economics and Political Science, Yuemei Ji, University College London
  • Book: Economic Growth and Structural Reforms in Europe
  • Online publication: 31 March 2020
  • Chapter DOI: https://doi.org/10.1017/9781108782517.001
Available formats
×