Europe's Economic Dilemma

1. Front Matter

   Pages i-xiv

   PDF

2. Introduction

   • John Mills

   Pages 1-21

3. The Historical Background

   • John Mills

   Pages 22-46

4. What Went Wrong?

   • John Mills

   Pages 47-78

5. Achieving Economic Growth

   • John Mills

   Pages 79-104

6. The Goal of Full Employment

   • John Mills

   Pages 105-128

7. Living Standards and Inflation

   • John Mills

   Pages 129-154

8. The Choices to be Made

   • John Mills

   Pages 155-170

9. Back Matter

   Pages 171-177

   PDF

Europe's Economic Dilemma analyses the reasons why the European Union's growth rate has fallen during the last quarter of a century to little more than a third of its previous level. It concludes that the major reason has been politically driven attempts to lock EU currencies together in inappropriate economic circumstances. These have led to chronic deflation, rising unemployment and falling investment and competitiveness as EU Member States, without exchange rate flexibility, have found themselves unable to compete with Germany.

• Europe
• European Union
• European Union (EU)
• growth
• european union politics

'Economics is a practical art gone wrong...John Mills is different. A skilled and unusually lucid economist, his work is eminently practical...' - Austin Mitchell, MP

'...It is a book of major importance, and a totally constructive contribution to the economic debate. Let me not merely recommend but beg or even command everyone to read it as soon as possible.' - Geoffrey Gardiner

• John Mills Ltd, UK

  John Mills

John Mills is Chair of the Policy and Resources Committee of the London Borough of Camden.

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