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European Growth Prospects After Covid-19

In: Economic Challenges for Europe After the Pandemic

Author

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  • Dominick Salvatore

    (Fordham University)

Abstract

This paper examines the fundamental forces responsible for the rather anemic economic growth on both sides of the Atlantic (especially in Europe) during the past decade, and is likely to still operate to slow world growth in this decade (with some, such as the aging populations, expected to become even more intense now). There are other factors, such as newer and more dramatic technologies, that are expected to lead to tremendous increases in labor and total factor productivity, and thus result in much faster growth in this decade than in the last one. These are some of the crucial issues analyzed in this paper.

Suggested Citation

  • Dominick Salvatore, 2022. "European Growth Prospects After Covid-19," Springer Proceedings in Business and Economics, in: Luigi Paganetto (ed.), Economic Challenges for Europe After the Pandemic, pages 11-23, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-10302-5_2
    DOI: 10.1007/978-3-031-10302-5_2
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