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  • 标题:Growing Pains
  • 本地全文:下载
  • 作者:Jean Philippe Cotis
  • 期刊名称:Finance and Development
  • 印刷版ISSN:0015-1947
  • 电子版ISSN:0145-1707
  • 出版年度:2004
  • 卷号:41
  • 期号:02
  • 出版社:International Monetary Fund
  • 摘要:After 30 years during which Europe became increasingly prosperous, its economic performance began to falter in the 1990s. However, within Europe, economic performance has varied widely. In the large economies, per capita output grew more slowly than in the United States, whereas some of the smaller economies–Greece, Luxembourg, and Netherlands–achieved greater success, and Irish GDP per capita rose from a level below the OECD average to one of the highest. Some of the reasons for the disparity in growth rates are differences in labor utilization and labor productivity.
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