Demertzis, Maria; Sapir, André; Wolff, Guntram B. - 2019
long-term growth and productivity weakness. Finally, the EU, especially the euro area, suffers from a lack of convergence … incompatible with Europe’s social market economy. convergence in the eu and in the euro area is a necessity: the European growth … remain. In the euro area, further measures are needed to address some of the systemic causes of divergence. In particular, it …