Report
The European constraints cannot be blamed for the economic difficulties of some euro-zone countries
Euro -zone countries are subject to the same constraints linked to their euro-zone membership and to the European Union: budgetary constraints, competition with Central European countries, free trade and free movement of persons in the EU , etc. Leaders in countries in trouble often blame European membership and the resulting constraints for the country ’s problems . A simple observation of the variety of situations between euro-zone countries shows that these cannot be blamed for countries’ problems, since some euro-zone countries that are subject to the same constraints have prosperous economies. So it is domestic structural problems that explain these countries’ problems; labour force skills, in particular, play a key role.
Provider
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
Other Reports from Natixis
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.