Eurosclerosis (German: Eurosklerose) is a term coined in the 1970s and the early 1980s to describe both a political period and an economic pattern in Europe, alluding to the medical term sclerosis, specifically being an exact rhyme of the archaic term neurosclerosis. Economically, it was used to describe countries which had high unemployment and s...
Found on
http://en.wikipedia.org/wiki/Eurosclerosis
a name for the 'disease' of rigid, slow-moving labor markets in Europe in contrast to fast-moving markets, e.g. in North America. Contexts: labor; macro
Found on
http://www.econterms.com/glossary.cgi?query=Eurosclerosis
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