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CentrePiece article
In brief: What's Wrong with Europe's Economy?
A Turner
February 2005
Paper No' CEPCP173:
Full Paper (pdf)

CentrePiece 10 (1) Spring 2005

There is a conventional wisdom that Europe's poor economic performance is a sign of deep structural problems, which must be addressed by product market liberalisation, labour market reform and reduction of uncompetitive tax burdens. But writing in a new CEP book, Adair Turner argues against that conventional wisdom.

This paper has been published as:
Adair Turner, Chapter 1: 'What's Wrong with Europe's Economy?' in Hugh Stephenson (ed.), Challenges for Europe, Palgrave, 2004 - a collection of the eight public lectures delivered at LSE to celebrate CEP's award of the Queen's Anniversary Prize in 2002.