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Innovation, knowledge and incompetence

This paper aims at shedding a new and different light over a very big problem that actually is being felt by the European Society and by the world at large: namely the difficulties the EU is having, since adopting the EURO in 2002, with its own management of macroeconomic policies, and with its own forecasts over growth. We follow Sveiby (2012) analysis as a methodology. We compare the predictions before the Euro and with the Euro and analyze the impact the Euro entrance add in the correctness of experts predictions. This methodology puts in evidence a complete different perspective over a very important economy issue. Again, following Sveiby (2012) we say that experts should take into account that macroeconomic restrictions posed by the Eurozone regulations deeply affect the economy of the more divergent Eurozone Member States and that that effect has not been rightly accounted. The miscalculation generates mistakes in prediction of policy impacts. Those mistakes have major negative effects in the life of ordinary citizens. We sincerely don't know (and believe it is not our fault, sincerely) of any study that studies the problem of the current Macroeconomic crisis in the EU as a problem of incompetence.

Eduardo Tomé

Publication
Conference Name:
14th European Conference on Knowledge Management, ECKM 2013
Year of Publication:
2013
Section:
Proceedings of the European Conference on Knowledge Management, ECKM
Pagination:
712--721
Tomé, E. (2013). Innovation, knowledge and incompetence. In 14th European Conference on Knowledge Management, ECKM 2013 (p. 712--721).
Identifiers
ISBN Number:
9781629931401
Other Numbers:
2-s2.0-84893797636
Locators
Alternative titles