The Macro Brief by HSBC Global Research cover image

Europe's opportunities

The Macro Brief by HSBC Global Research

CHAPTER

Contrasting Economic Growth: Europe vs. the US

This chapter analyzes the differing economic growth patterns of Europe and the US since the mid-1990s, focusing on purchasing power parity (PPP) as a crucial measurement tool. It argues that while Europe faces economic challenges, evaluating performance through PPP significantly reduces the perceived disparities in growth.

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