Community Research and Development Information Service - CORDIS


The debate on the catching -up process of Southern European economies in the European economy has revolved around two different issues. The first one is about income per capital convergence. This debate has focused on the role of trade in products and to lesser extent in 'ideas' in the growth process of the European periphery. The other set of issues is a broad one. The emphasis is on the pre -conditions for sustainable, innovation driven growth in Southern European economies.

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