10/03/2008

Europe's economic future

Correlation between Europe and the United States on the basis of economic indicators pointed out that Europe's economic development than is usually thought to be much better. In the past 30 years, the European productivity growth substantially faster than the United States, now the level of productivity in Europe and the United States is quite. Europe to relax and control the financial market reforms to promote its productivity, and labor market reforms have had pressure. From the reform, Europe is moving towards a model unique in Europe, rather than the U.S. patterns of copying and imitation

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