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Wise expensing a recipe for stagnation
The European government can support economic growth in their respective countries, but they need to carefully monitor public spending.
How can Europe achieve faster economic growth and, at the same time, balance its public finance?
Participants of the debate entitled "Healthy public finance. Is there a recipe for success?" tried to find an answer to this question.
"Public spending is very large in many European countries. Too large," concluded Marina Wes, the new director of the World Bank, responsible for Poland and Baltic countries. The point is not only how much a state spends but on what it spends public finances. "Public spending can help economic growth...
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