Europe’s economic problems in an international perspective

Authors

  • R.S. MASERA

DOI:

https://doi.org/10.13133/2037-3643/11084

Keywords:

Unemployment, Europe, debt, trade imbalances

Abstract

The author sees signs that the European Community is entering a phase of steady economic growth, with inflation under control and a favourable outlook for exports. However, these assumptions are dependent on other trading nations getting a firmer control over their domestic fiscal and monetary policies. In particular, the US federal budget deficit will remain a problem, as will the continuing balance of trade surplus in Japan. The major problem for the European countries will remain unemployment.


JEL: E24

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Published

2013-11-21

How to Cite

MASERA, R. (2013). Europe’s economic problems in an international perspective. PSL Quarterly Review, 39(159). https://doi.org/10.13133/2037-3643/11084

Issue

Section

Editorial