The euro zone can no longer use a mercantilist strategy
A mercantilist strategy consists of stimulating growth through export growth, and conducting economic policies (controlling production costs, boosting productivity, etc.) that boost competitiveness and export growth. But the euro zone can no longer pursue a mercantilist policy, due to: Weak global trade in goods; The competitiveness problems facing the euro zone.
Provider
Natixis
Natixis
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