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| Author | : European Commission. Directorate-General for Economic and Financial Affairs |
| Publisher | : |
| Total Pages | : 152 |
| Release | : 2010 |
| Genre | : EU |
| ISBN | : |
This report collects Commission country fiches that identify national bottlenecks for growth.--Publisher's description.
| Author | : William Mitchell |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 280 |
| Release | : 2006-01-01 |
| Genre | : Business & Economics |
| ISBN | : 9781781956366 |
This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the ECB and the Stability and Growth Pact.
| Author | : European Commission. Directorate-General for Economic and Financial Affairs |
| Publisher | : |
| Total Pages | : 152 |
| Release | : 2010 |
| Genre | : EU |
| ISBN | : 9789279150784 |
This report collects Commission country fiches that identify national bottlenecks for growth.--Publisher's description.
| Author | : Mr. Martin Cihák |
| Publisher | : International Monetary Fund |
| Total Pages | : 70 |
| Release | : 2009-03-01 |
| Genre | : Business & Economics |
| ISBN | : 1451916507 |
The proximity of the European Union, the prospect of membership, and actual entry by the New Member States (NMS) increased economic and financial integration in the region, leading to fast economic growth based on sizeable capital inflows. EU membership helped in developing sound macroeconomic and financial stability frameworks in the NMS. However, these frameworks remain work in progress and as such could not safeguard against private sector exuberance or risky policies, especially in the face of an unprecedented global financial crisis. Hence, more prudent policies and further strengthening of policy frameworks, especially with respect to financial stability, seem warranted.
| Author | : Piritta Sorsa |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2006 |
| Genre | : Europe |
| ISBN | : |
The paper reviews key macroeconomic challenges with EU accession in Southeastern Europe (SEE). Most of the countries in the region are years away from EU accession and need substantial progress to meet the key macroeconomic criteria - the establishment of a functioning market economy and macroeconomic stability. The former calls for further structural reforms. While macroeconomic stability is essential throughout the EU accession process, the importance of specific outcomes increases in the last stage of accession, when countries face decisions to apply for entry into the ERM2 and the Maastricht criteria (Bulgaria and Romania). The main challenges with establishing macroeconomic stability in other countries are related to sustainability of their monetary frameworks, risks from rapid financial deepening, and further fiscal consolidation to support growth and stabilization. Most of the SEE countries have room to lower public spending and increase the share of pro-growth spending.
| Author | : Janos Várga |
| Publisher | : |
| Total Pages | : 31 |
| Release | : 2009 |
| Genre | : Economic development |
| ISBN | : 9789279111822 |
"This paper gives a model-based analysis of the potential macro-economic impact of European Union Structural and Cohesion Funds payments on the economies of the new Member States. The model used is a four-region DSGE model with human capital accumulation and endogenous technological change. The framework that we adopt is the Jones (2005) extension of the endogenous growth model, which uses a variety approach for modelling knowledge investment. The EU funds average around 1.5 percent of GDP and are used for investment in infrastructure, human capital and R&D. The model simulations show this can lead to significant gains in output, both in the short as well as in the long run."--Document home page.
| Author | : Filip Keereman |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 275 |
| Release | : 2010-07-23 |
| Genre | : Business & Economics |
| ISBN | : 3642125166 |
The Fifth Enlargement that took place in 2004 and 2007 was a milestone in the history of the European Union. Not only because of the large number of acceding countries but also because of their recent political and economic experience. Ten of them had undergone a profound transition from a totalitarian regime to democracy, and from a centrally planned economy to a market-based system. Most of them had income levels signi?cantly below those of the then EU-15. Now, 6 years later, we can clearly see that the process of European integration, both before and after 2004, was what enabled Europe to overcome the gaps between various parts of the continent. The enlargement made Europe a better and wealthier place and streng- ened its position in the world. Integration into the European Union has always been one of the strongest incentives for reform in the new Member States. Particularly important in my view have been the development of ?nancial markets through foreign direct investment and capital in?ows, and the opening of labour markets – which was a two-way phenomenon, with markets being opened up in acceding as well as the incumbent Member States. The Fifth Enlargement was thus an exercise of glo- lisation in miniature, a practice run for the Union to tackle the challenges of the ever smaller world.
| Author | : European Investment Bank |
| Publisher | : European Investment Bank |
| Total Pages | : 591 |
| Release | : 2021-02-04 |
| Genre | : Business & Economics |
| ISBN | : 9286148127 |
The Europe Union's massive efforts to rebuild after the coronavirus pandemic present a unique opportunity to transform its economy, making it more green and digital – and ultimately more competitive. The Investment Report 2020-2021 looks at the toll the pandemic took on European firms' investment and future plans, as well as their efforts to meet the demands of climate change and the digital revolution. The report's analysis is based on a unique set of databases and data from a survey of 12 500 firms conducted in the summer of 2020, in the midst of the COVID-19 crisis. While providing a snapshot of the heavy toll the pandemic took on some forms of investment, the report also offers hope by pointing out the economic areas in which Europe remains strong, such as technologies that combine green and digital innovation.
| Author | : Jonas Jensen |
| Publisher | : |
| Total Pages | : 58 |
| Release | : 2012 |
| Genre | : European Union countries |
| ISBN | : |
Recoge: Tax compliance and costs of tax collection - Policies to raise the efficiency of tax administration - Specific measures to combat the shadow economy - Special topics.
| Author | : European Commission. Directorate-General for Economic and Financial Affairs |
| Publisher | : |
| Total Pages | : 58 |
| Release | : 2012 |
| Genre | : Balance of payments |
| ISBN | : |
On 14 February 2012, the European Commission presented its first Alert Mechanism Report (AMR) in accordance with the Regulation (EU) No. 1176/2011 on the prevention and correction of macroeconomic imbalances. The AMR serves as an initial screening device to identify Member States that warrant further in depth analysis into whether imbalances exist or risk emerging. According to Article 5 of Regulation No. 1176/2011, these country-specific ?in-depth reviews? should examine the nature, origin and severity of macroeconomic developments in the Member State concerned, which constitute, or could lead to, imbalances. On the basis of this analysis, the Commission concludes whether it considers that an imbalance exists or not, and if so whether it is excessive or not, and what type of follow-up it will recommend to the Council to address to the Member State. This in-depth review concludes that Spain is experiencing very serious macroeconomic imbalances, which are not excessive but need to be urgently addressed. In particular, macroeconomic developments, notably related to the significant level of private sector debt, the large negative external position and the financial sector, which were influenced by housing market developments, require close monitoring and urgent economic policy attention in order to avert any adverse effects on the functioning of the economy and of economic and monetary union.
