P. C. Padoan – Growth in Europe: Notes for a policy agenda
This paper discusses topics related to the growth mechanism in Europe, and specifically in the eurozone. It looks at the interaction of macroeconomic and structural aspects identifying issues where more analysis is needed in order to draw policy implications. It also looks at how developments in the governance of the global system are affecting growth. Finally, it looks at how political economy obstacles to a stronger growth environment and a structural agenda can be overcome by improving incentives to collective action.