Abstract
In the aftermath of the crisis, Europe is becoming more polarised in terms of employment, competitiveness and industrial specialisation. A “German-centred core”–which maintained employment and production–has emerged, contrasted by a “Southern periphery”, where major economic losses have occurred. Such geographical divergence is associated with a further polarisation in terms of skills. A new European industrial policy is needed to reverse this polarisation process and its dangerous implications for trade balances and cohesion.
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Cirillo, V., Guarascio, D. Jobs and Competitiveness in a Polarised Europe. Intereconomics 50, 156–160 (2015). https://doi.org/10.1007/s10272-015-0536-0
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DOI: https://doi.org/10.1007/s10272-015-0536-0