But it is only the eurozone that has badly disappointed in recent years. I had assumed, when I made my projections in 2010, that the region’s poor demographics and weak productivity would prevent it from growing at more than 1.5% a year.
平心而论，所有大型发达经济体的增长都不如经济引擎充分转动时快。但在最近几年中，只有欧元区令人大失所望。我在做出2010年预测时假设，该地区的不利人口因素和低下的生产率将使其增长率无法超过每年1.5%。事实结果是更加令人失望的0.3%。