1. What Is Right and Wrong with Europe?
2. Limit the Fiscal Role of the State
3. Taxes That Support Entrepreneurship and Growth
4. Reforming Pensions
5. Open up Services and Digital Trade
6. Creating Jobs
7. Cutting Red Tape
8. Developing a Single Energy Market
9. Catching-up in Innovation
10. Conclusions: How Europe can be turned around
Anders Aslund is a Senior Fellow at the Atlantic Council in
Washington, DC.
Simeon Djankov is a Visiting Fellow at the Peterson Institute of
International Economics and Rector at the New Economic School in
Moscow. Since November 2015, he has been a visiting professor at
the London School of Economics.
"...a remarkably detailed, well-balanced and well-written analysis
of the European Union s economic development and related policy
issues, especially in the last two or so decades. Highly
recommended to anyone, not just professionals, dealing with the
European Union."
-- CHOICE
"European Union needs a strong economy to respond effectively to
the global challenges and to live up to the expectations of its
citizens. It needs to raise the economic growth rate and sustain
its global competitiveness. This book offers valuable insights into
how that can be done through structural reforms and further market
integration."
-- Valdis Dombrovskis, Vice President, European Commission
"The European Union faces an almost perfect storm of political
challenges. The strategy it has used in the past -- barely muddling
through a series of calamities -- is no longer enough. In this
book, Anders Aslund and Simeon Djankov respond to these challenges,
suggesting how Europe can cure its dismal economic growth through
ambitious structural reforms."
-- Carl Bildt, Former Prime Minister of Sweden"
"Standard policy responses to Europe's growth malady have focused
on loose monetary policies and massive government spending. These
can at best stabilize, but surely will not cure the patient. Aslund
and Djankov propose credible cures based on a wealth of academic
research: how to create a more nimble, flexible, and dynamic
economy in Europe."
-- Andrei Shleifer, Professor of Economics, Harvard University
"This book has a strong message to European policy makers: Focus on
competitiveness if you want to have the economic strength and
political clout to address all the challenges you are facing."
-- Kristalina Georgieva, Vice President, European Commission
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