FitzGerald, John, To Convergence and Beyond? Human Capital, Economic Adjustment and a Return to Growth, ESRI Working Paper 419, 2012
ESRI Working Paper;419
This paper considers the impact on growth and convergence in the EU over the last 20 years of investment in human capital. It examines the current adjustment of a range of economies to the external imbalances at the beginning of the current crisis. Finally it considers how the adjustments under way will contribute to a return to long-term growth.
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