22. European crisis and the need of better economic policies for recovery: voices of economists

    Note: Elaborated by Guisan(2013) from OECD Statistics. Data of Spain (Es), France (Fr), Germany (De), Greece (Gr), Italy (It), Portugal (Pt), the United Kingdom (UK) and the United States (USA).

    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:

Video of 24-9-2013: Interventions of Mario Draghi and the parlamentarians Elisa Ferreira and Werner Langen: