01476nam a22001577a 4500020001800000082001800018100002000036100002000056245003000076260004400106300001400150504003500164520106200199546000701261650005001268  a9780190499204  a338.94bASL-E  aAslund , Anders  aDjankov, Simeon  aEurope's Growth Challenge  aNew YorkbOxford University Pressc2017  axix, 207p  aInclude Bibliography and Index  aEurope is in a serious crisis but that it can face up to these challenges. In Europe's Growth Challenge Anders Aslund and Simeon Djankov argue that the European Union can only be successful if it carries out substantial changes in the European economic system.

European society benefits from equality in income, excellent healthcare and basic education, good infrastructure, and developed institutions for the rule of law. But Europe has entered a period of economic stagnation and is distracted by multiple challenges. Economic and political strains have stalled vital reforms, while the threat of disunion is evident.

By focusing on what works in Europe and the great variations within Europe, Aslund and Djankov show how Europe can develop a strategy for higher economic growth. They advocate a reduction of the fiscal role of the state, an opening up of services and digital trade, an easing of the regulatory and tax burdens on labour, an improved environment for startups and innovation, pension reform, and the development of Europe's energy union.  a

  aEconomic DevelopmentvEconomic PolicyzEurope