单词 | eurosclerosis |
释义 | Eurosclerosisn. Economics. Economic stagnation and inflexibility of a type regarded as characteristic of (continental) Europe, attributed esp. to over-regulation and excessive spending on social services. ΚΠ 1984 Time 30 Jan. 61/1 [Herbert] Giersch lamented the lack of venture capital in West Germany and the inability of business and government to adapt to changing markets and home and abroad... The result is what he called industrial ‘Eurosclerosis’. 1994 K. Perry Business & European Community iii. 51 It was particularly serious at a time when gloom over Eurosclerosis was so prevalent. 1997 Social Text No. 42. 144 In Europe the rhetoric of ‘Eurosklerosis’, with its attendant deregulatory recommendations, is on the rise again. 2002 Wall St. Jrnl. 16 Dec. c18/2 Advocates of the ‘eurosclerosis’ school hold that European markets have to offer a higher risk premium than Anglo-American markets. This is a new entry (OED Third Edition, June 2008; most recently modified version published online March 2022). < n.1984 |
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