This book explores the reasons behind Europe's poor performance in terms of overall growth and its progressively diminishing role in the global context. Recognizing that the big challenge is to restore confidence and hope in Europe, potential solutions are discussed. The volume comprises a selection of contributions to the XXVI Villa Mondragone International Economic Seminar (Rome, 2014), the most recent of a series of seminars that have provided outstanding scholars with an opportunity to discuss key topics in economic research.

In recent years the persistence of high unemployment and low growth has increased the Euroscepticism that has targeted the euro and the Brussels bureaucracy. Readers will find this book a fascinating source of information on current thinking regarding topics such as European industrial policy, European governance, unemployment, the euro and competitiveness, trade and financial integration, the Transatlantic Trade and Investment Partnership, anticorruption policies, and energy and climate policies. In particular, it examines the structural reforms and commitment to development that will be required for Europe to become a region characterized by social justice, dynamism, and opportunities for all.

Autorentext
Luigi Paganetto is Emeritus Professor and Full Professor of European Economics at the University of Rome Tor Vergata, and President of the Economics Foundation Tor Vergata for Economic Research. He participates as an expert in European and International working groups. He is the author of articles and books in the fields of Macroeconomics, International Economics, Italian and European Industrial Economics, and Energy and Environment.

Inhalt

Perspectives on Growth, Trade, and Social Agenda Expenditures in the Eurozone During the Rest of this Decade, with and without the EU-US Transatlantic Trade and Investment Partnership (TTIP).- Can Trade Become Again an Engine of Growth for Europe and the World?.- Trade Margins and Exchange Rate Regimes: New Evidence from a Panel VARX Model.- Rebalancing and the Euro.- What Kind of Financial Integration Under Banking Union?.- Structural Reforms in the Eurozone: A Case of Self-Defeating Expectations?.- Transatlantic Austerity 2010-13: A Comparative Assessment.- What Went Wrong with Western Europe? An Essay on the Causes of its Economic Decline and on Possible Remedies.- Revitalising Europe's Economy: Towards Growth.- The Corporatist Antagonism to Economic Dynamism.- Growing-By-Unleashing Grassroots Entrepreneurship and Alibaba Innovations.- The Evolution of European Energy and Climate Policies: The View of a Market Player.- Towards a Fair and Rigorous International Emissions Trading System: A Blueprint for Success.- Corruption of the Institutional System: Remedies.- Governance, Moral and Economic Values.