Investment growth declines in Europe


In a paper published by the Central Bank and Financial Services Authority of Ireland, Mary Ryan looks at the disparity between growth rates in the US and the euro area focusing on the role investment plays in the accumulation of productive capital stock.

Evidence shows that GDP growth in the US has fared better than that in the euro area over the past three decades with year-on-year growth rates in the US regularly exceeding those of the eurozone despite figures showing euro-area investment

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