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西欧经济于1994年出现的强劲复苏一扫过去几年经济衰退的阴影,但这一势头后劲不足,到1995年便开始放缓,同年下半年西欧经济出现下滑,1996年初以来经济回升乏力。其主要原因是国际市场需求变化不定,国内消费不旺。这使得1994年以来工业的增长部分变成了库存积压。西欧各国产业老化,经济结构调整步伐缓慢,失业总人数已逾2000万。西班牙、芬兰、爱尔兰的失业率分别高达22.5%、16.5%和12.5%,德国、法国、意大利的失业率也达到8.6%、12.4%和12.1%。各国政府福利负担沉重,财政赤字
The strong recovery in Western Europe in 1994, while sweeping away the shadow of the recession of the past few years, has been sluggish until 1995, when the economy of Western Europe started to decline in the second half of the year and the economic recovery was sluggish since early 1996. The main reason is the fluctuating demand in the international market and the weak domestic consumption. This has caused part of the growth in industry since 1994 to be overstocked. The industrial aging in Western European countries, the slow pace of economic restructuring, the total number of unemployed has more than 20 million. Unemployment rates in Spain, Finland and Ireland were as high as 22.5%, 16.5% and 12.5% respectively, while the unemployment rates in Germany, France and Italy reached 8.6%, 12.4% and 12.1% respectively. The welfare benefits of governments are heavy and the fiscal deficit