Eurosclerosis (German: Eurosklerose) is a term coined by German economist Herbert Giersch in the 1970s, to describe a pattern of economic stagnation in Europe that may have resulted from government over-regulation and overly generous social benefits policies. The term alludes to the medical term sclerosis, and is a rhyme of the archaic term neurosclerosis.
Eurosclerosis (German: Eurosklerose) is a term coined by German economist Herbert Giersch in the 1970s, to describe a pattern of economic stagnation in Europe that may have resulted from government over-regulation and overly generous social benefits policies. The term alludes to the medical term sclerosis, and is a rhyme of the archaic term neurosclerosis.