--- canonical_url: "https://csls.ca/ipm-archive/ipm-issue-25/comments-on-european-productivity-growth-since-2000-and-future-prospects/" title: "Comments on ‘European Productivity Growth Since 2000 and Future Prospects’" author: name: "CSLS" url: "https://csls.ca/author/cslc/" date_published: "2026-07-13T07:37:48+00:00" date_modified: "2026-07-13T07:37:48+00:00" post_type: "ipm" summary: "" ipm_issue_period: - "Spring 2013" ipm_keyword: - "comments" - "competitiveness" - "debt crisis" - "Europe" - "financialization" - "Germany" - "labour market reform" - "productivity" - "recession" - "Spain" ipm_research_theme: - "Productivity trends and comparisons" ipm_country_focus: - "Europe" - "Germany" - "International" - "Spain" featured_image: "https://csls.ca/wp-content/uploads/2026/06/IPM_50_banner.webp" status: "publish" --- # Comments on ‘European Productivity Growth Since 2000 and Future Prospects’ Canonical URL: https://csls.ca/ipm-archive/ipm-issue-25/comments-on-european-productivity-growth-since-2000-and-future-prospects/ # Comments on ‘European Productivity Growth Since 2000 and Future Prospects’ [Download full PDF article](https://csls.ca/wp-content/uploads/2026/07/IPM-Issue-25-8-Petit.pdf) Cite this article × Cite this article as: Petit, Pascal. 2013. “Comments on ‘European Productivity Growth Since 2000 and Future Prospects’.” International Productivity Monitor, No. 25 (Spring 2013): 84–87. https://www.csls.ca/ipm-archive/ipm-issue-25/comments-on-european-productivity-growth-since-2000-and-future-prospects/ ## Author: - Pascal Petit CEPREMAP / CNRS, Paris ## IPM Issue 25 Spring 2013 pp. 84–87 ## Related IPM articles [The Relationship between Efficiencies Defenses for Mergers and TFP Growth Robin Shaban Fall 2025 | IPM Issue 49 | pp. 82–102](https://csls.ca/ipm-archive/ipm-issue-49/the-relationship-between-efficiencies-defenses-for-mergers-and-tfp-growth/) [Adult Skills and Productivity: New Evidence from PIAAC 2023 Dan Andrews, Balázs Égert, Christine de La Maisonneuve Fall 2025 | IPM Issue 49 | pp. 41–63](https://csls.ca/ipm-archive/ipm-issue-49/adult-skills-and-productivity-new-evidence-from-piaac-2023/) [The Potential Impact of Pro-competitive Regulatory Reforms on Productivity and Growth in Canada Gilbert Cette, Jimmy Lopez, Giuseppe Nicoletti, Océane Vernerey Fall 2025 | IPM Issue 49 | pp. 3–40](https://csls.ca/ipm-archive/ipm-issue-49/the-potential-impact-of-pro-competitive-regulatory-reforms-on-productivity-and-growth-in-canada/) [Appendix: UK Productivity Growth Rates Across Data Vintages and Studies Josh Martin Spring 2025 | IPM Issue 48 | pp. 65–73](https://csls.ca/ipm-archive/ipm-issue-48/appendix-uk-productivity-growth-rates-across-data-vintages-and-studies/) [Opportunities and Risks of Artificial Intelligence for Productivity Francesco Filippucci, Peter Gal, Katharina Laengle, Matthias Schief, Filiz Unsal Spring 2025 | IPM Issue 48 | pp. 1–26](https://csls.ca/ipm-archive/ipm-issue-48/opportunities-and-risks-of-artificial-intelligence-for-productivity/) [Using Ecosystem Accounting to Integrate the Environment in Measures of Multifactor Productivity Carl Obst Fall 2024 | IPM Issue 47 | pp. 87–108](https://csls.ca/ipm-archive/ipm-issue-47/using-ecosystem-accounting-to-integrate-the-environment-in-measures-of-multifactor-productivity/) [Eroding Natural Capital: An Alternative Explanation for the Secular Decline in Productivity Growth Christina Caron Fall 2024 | IPM Issue 47 | pp. 109–147](https://csls.ca/ipm-archive/ipm-issue-47/eroding-natural-capital-an-alternative-explanation-for-the-secular-decline-in-productivity-growth/) [How Does Industrial Policy Impact Output, Hours and Productivity? The Canadian Experience Tim Sargent Fall 2024 | IPM Issue 47 | pp. 39–53](https://csls.ca/ipm-archive/ipm-issue-47/how-does-industrial-policy-impact-output-hours-and-productivity-the-canadian-experience/) [Climate Change and Productivity — An Exploration Dirk Pilat Fall 2024 | IPM Issue 47 | pp. 54–86](https://csls.ca/ipm-archive/ipm-issue-47/climate-change-and-productivity-an-exploration/) [Could Domestic Industrial Policies, Even With Global Fragmentation, Revive Productivity? Catherine Mann Fall 2024 | IPM Issue 47 | pp. 3–19](https://csls.ca/ipm-archive/ipm-issue-47/could-domestic-industrial-policies-even-with-global-fragmentation-revive-productivity/) ## Abstract ## Résumé EN FR Copy link Email LinkedIn These comments provide historical and institutional context for the article “European Productivity Growth Since 2000 and Future Prospects”, by Bart Van Ark, Vivian Chen and Kirsten Jäger. They identify and discuss the “financialization” phenomenon whereby easy and creative finance led to speculative booms and busts in a number of countries such as Spain. Labour market reform in Germany, which improved that country’s competitiveness and increased resilence to recessions, is also discussed. RÉSUMÉ Ces commentaires fournissent le contexte historique et institutionnel de l’article «European Productivity Growth Since 2000 and Future Prospects» de Bart Van Ark, Vivian Chen et Kirsten Jäger. Ils identifient et discutent du phénomène de la «financiarisation», dans lequel la finance facile et créative mène à des surchauffes et des ralentissements spéculatifs dans de nombreux pays tel que l’Espagne. Les réformes du marché du travail en Allemagne, qui ont amélioré la compétitivité du pays et sa résilience aux récessions, sont également discutées. THE ARTICLE “European Productivity Growth Ces commentaires fournissent le contexte historique et institutionnel de l’article « European Productivity Growth Since 2000 and Future Prospects » de Bart van Ark, Vivian Chen et Kirsten Jäger. Ils cernent et examinent le phénomène de la « financiarisation », par lequel une finance facile et créative a conduit à des booms et des effondrements spéculatifs dans un certain nombre de pays comme l’Espagne. La réforme du marché du travail en Allemagne, qui a amélioré la compétitivité de ce pays et accru sa résilience face aux récessions, est également examinée. [Download full PDF](https://csls.ca/wp-content/uploads/2026/07/IPM-Issue-25-8-Petit.pdf)