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4/27/07

Want the American dream? Europe is your best bet

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"Want the American dream? Europe is your best bet

Apr 27 2007

by David Williamson, Western Mail


EUROPE is the best place to live the American dream, claims one of the Continent’s leading economists.

Paul de Grauwe, an academic who advises the president of the European Commission, Jose Manuel Barroso, denies that generous social programmes must be sacrificed in pursuit of economic growth.

The Scandinavian economies, he believes, prove that in a globalised world it is possible to combine strong social provision with economic competitiveness."

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