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Enhancing Income Convergence in Central Europe after EU Accession

Lenain, Patrick; Rawdanowicz, Łukasz - Economics Department, Organisation de Coopération et … - 2004

. Although convergence towards higher levels of income appears to be a distant prospect at current trend growth rates, this is … in this respect. While ... Renforcer la convergence des revenus en Europe Centrale après les adhesions à l … leur ont été très profitables. Même si la convergence vers des niveaux de revenu plus élevés semble une perspective …

Persistent link: https://www.econbiz.de/10005045850

Income Inequality in the European Union

Fredriksen, Kaja Bonesmo - Economics Department, Organisation de Coopération et … - 2012

Poor growth performance over the past decades in Europe has increased concerns for rising income dispersion and social exclusion. European authorities have recently launched the Europe 2020 strategy which aims to improve social inclusion in Europe on top of already existing European regional...

Persistent link: https://www.econbiz.de/10011276988

Disparities of Exchange Rates in CEE Countries

Kocenda, Evzen - EconWPA - 2001

applied for full membership in the European Union. The results support convergence in general, but indicate a wide disparity … in the degree of convergence. From the real exchange rate standpoint the paper identifies the best candidates to join the …

Persistent link: https://www.econbiz.de/10005062689

Iceland: Challenging Times for Monetary and Fiscal Policies

Michelis, Andrea de - Economics Department, Organisation de Coopération et … - 2009

Monetary and fiscal policies face huge challenges: the banking sector has collapsed; the economy is in the midst of a deep recession; the exchange rate has plunged; capital flows have been frozen; inflation is elevated; public debt has risen; source of revenues have disappeared; social needs have...

Persistent link: https://www.econbiz.de/10008498025

The Impact of the Stability and Growth Pact on Real Economic

Savona, Paolo; Viviani, Carlo - EconWPA - 2004

The recession under way in the European Union and the threat of deflation have spawned increasing frequent calls for modification of the Stability and Growth Pact. The present article confirms the negative correlation of the rate of real output growth with that of increase in current public...

Persistent link: https://www.econbiz.de/10005125875

Guidelines for sustained growth in the EU? The concept and consequences of the Broad Economic Policy Guidelines

Hein, Eckhard; Niechoj, Torsten - EconWPA - 2005

The Broad Economic Policy Guidelines contain the answers of the European Commission and the governments of the EU-member countries to the European growth and employment problems. These guidelines have been the major EU-economic policy concept for around ten years now. They can be seen as a...

Persistent link: https://www.econbiz.de/10005126214

Tax Systems in European Union Countries

Joumard, Isabelle - Economics Department, Organisation de Coopération et … - 2001

The tax-to-GDP ratio rose steadily in most EU countries up to the late 1990s, largely reflecting a sustained expansion of public sector commitments to welfare provision. Since the late 1990s, many EU countries have cut tax rates. However, the tax burden in the EU area remains much higher than in...

Persistent link: https://www.econbiz.de/10005045694

Catching-up and Inflation in Europe: Balassa-Samuelson, Engel's Law and Other Culprits

Égert, Balázs - Economics Department, Organisation de Coopération et … - 2010

periods of very fast growth. We interpret these results as a sign that price level convergence comes from goods, market and … être vérifiée durant des périodes de forte croissance économique. Ces résultats suggèrent que la convergence des niveaux de … prix provient de la convergence des niveaux de prix des biens échangeables, des biens non-échangeables marchands et non …

Persistent link: https://www.econbiz.de/10008461038