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Europe's Competitiveness Obsession. CEPS Commentaries, 5 June 2010

Gros, Daniel. (2010) Europe's Competitiveness Obsession. CEPS Commentaries, 5 June 2010. [Policy Paper]

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    Abstract

    In this commentary, CEPS Director Daniel Gros argues that the current emphasis on wage divergences in the eurozone and the proposition that governments "must do something about competitiveness" risks leading to an excessively activist approach to economic policy coordination, with governments and EU institutions constantly trying to influence wage-setting in the private sector. This might work – at least partly – in the current crisis, but it will not prevent problems in the future unless divergences in domestic demand are also addressed.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > industrial policy
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 11 Aug 2010
    Page Range: p. 2
    Last Modified: 15 Feb 2011 18:34
    URI: http://aei.pitt.edu/id/eprint/14494

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