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Las relaciones centro-periferia en la Unión Europea después de la covid

Author

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  • Garzón Espinosa, Alberto

    (Ministerio de Consumo del Gobierno de España)

Abstract

The pandemic has caused the largest drop in the gross domestic product (GDP) per capita in its history in the European Union. The response of the community authorities has been exceptional and a recovery fund of 700 billion euros has been launched. Is this an investment program to recover the growth path before the pandemic or is it also an opportunity to correct the structural inequalities that drag the European Union and the Eurozone and that worsened after the last financial crisis? In this text, we argue that the second objective is the desirable one and that it will only be achieved if resources are directed by a modern industrial policy strategy that allows peripheral countries to improve the technological intensity of their productive structures.

Suggested Citation

  • Garzón Espinosa, Alberto, 2022. "Las relaciones centro-periferia en la Unión Europea después de la covid," El Trimestre Económico, Fondo de Cultura Económica, vol. 89(356), pages 1067-1102, octubre-d.
    • Handle: RePEc:elt:journl:v:89:y:2022:i:356:p:1067-1102
    DOI: https://doi.org/10.20430/ete.v89i356.1591
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    More about this item

    Keywords

    Industrial policy; Thirlwall’s Law; center-periphery; new economic geography; economic convergence; next generation funds.;
    All these keywords.

    JEL classification:

    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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