We may notice economic development in the period 1992-2007 in almost all the countries of the table and stagnation or declain in the period 2007-2012. The EU countries show a worse evolution than the USA.
EU economic policies are not showing success because they are misguided towards excessive austerity and lack of incentives to development.
There are many solutions to overcome the crisis of the period 2007-2012 and European citizens want more positive measures to improve economic development in the European Union.
The EU authorities should listen to the voices of prestigious economists who propose better solutions.
Interesting articles in this regard, written by prestigious economists are included and/or cited, at the section Europe in our journals:
Applied Econometrics and International Development (AEID)
Regional and Sectoral Economic Studies (RSES)
The European Parliament is demanding more democracy and more quality of EU economic policies in order to represent the voice of European citizens and improve economic development.
Some interesting links to the activities of the European Parliament in this regard are the following ones:
Debate of 23-10-2013:
http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//TEXT+CRE+20131023+ITEM-008+DOC+XML+V0//ES&language=es&query=INTERV&detail=3-075-000
Video of 24-9-2013: Interventions of Mario Draghi and the parlamentarians Elisa Ferreira and Werner Langen:
http://www.europarltv.europa.eu/es/player?pid=5b00651c-6591-4526-b119-a243013309d9
Video of Profesora Maria-Carmen Guisan, asking to the European Union leaders who are the advisors of the economic policies in the European Union, which are leading to industrial stagnation or diminution. She ask for a change and to foster support to industrial development after 7 years of scarce development, for 2005-2008.
