Is Europe spending too much?

Author (Person)
Series Title
Series Details 28.07.16
Publication Date 28/07/2016
Content Type

Yes, it is, according to Simeon Djankov. He notes that public expenditures had risen to dangerously high levels in some Southern and Western European countries even prior to the eurozone crisis and argues that the European Central Bank’s loose monetary policy since 2012 has provided public sectors with little incentive to modernise. This, in turn, may be helping to fuel Eurosceptic rhetoric.

Source Link
Related Links
ESO: Background: Find information on the Austerity v Growth debate

Subject Categories
Countries / Regions
Record URL