Report
The lack of “creative destruction” in the euro zone
The lack of “creative destruction” in the euro zone, compared with the United States, is clear to see from: The limited renewal of large companies in the euro zone; The strong job protection in the euro zone; The low levels of investment in new technologies and R&D spending. In the euro zone, the low level of renewal of the corporate fabric, low labour mobility and a weak innovation effort probably explain the low level of productivity gains, when compared with those achieved in the United States.
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
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