Skip to content

How to create a healthy economic growth in EU of 2012-

23/12/2011

It seems obvious that in the following years the P.I.I.G.S. countries will have to reduce significantly their public and private expenses. Since they represent almost quarter of the EU population, this will have a big impact on the demand for goods and services within the EU. While without demand will be NO economic growth in EU, some other source of demand has to come from somewhere.  The most reasonable source of such demand can come from increased investments and consumption in the EU countries with relatively low debt and potentially high perspective of economic growth. And i am not speaking about Germany, Scandinavia or Holland, but rather the Eastern European countries, with about same population as the P.I.I.G.S. countries, that on one hand have relatively low public dept, mostly bellow 50%, (except of Hungary), on the other hand in spite of being part of the European Union, have shamefully low standard of living and big deficit in infrastructure. For some unclear reason the governments in these countries are cutting the investments and expenses too. It is time to change this policy and allocate finances into investments in Eastern European countries. I am pretty sure, it is not only socially correct, but compared to any other alternatives, it will bring the highest yield on investment.

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Mostly Economics

This blog covers research work in Economics with focus on India.

Econometricus.com

Data-Driven Economics.

Economic Sociology and Political Economy

The global community of researchers, students and activists interested in Economic Sociology and Political Economy (run by Oleg Komlik)

WebInvestigator.KK.org - by F. Kaskais

Web Investigator.KK. org... is one web investigative resource for searching thousands of online sources, and public databases. This blog will change your life!

Wiser, Braver, More Optimistic

A blog about books and ideas

eddiegirdner

writer traveler Photographer

TPPA = CRISIS

Political economy, social policy, the coming end of Neoliberalism . . . and other facts of our times.

Seven Spheres

Aqua Terra Ignis et Aer

Professor Taboo

Unabashed Life-o-naut, Psych-o-naut, Time-traveler, Path-finder, and Marrow-sucker!

Economics One

A blog by John B. Taylor

%d bloggers like this: