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Structural reforms to set the growth ambition

Rovo, Natasha - 2020

The effect of structural reforms on growth in Europe and Central Asia is assessed by looking separately at each supply-side channel: capital, labor, and productivity, with the last estimated using the stochastic frontier approach. By controlling for the interaction with the economic cycle, the...

Persistent link: https://www.econbiz.de/10012230763

Economic growth in European Union NUTS-3 regions

Kilroy, Austin; Ganau, Roberto - 2020

This paper analyzes the growth pathways of 1,321 regions in the European Union from 2003 to 2017. The aim is to inform integrated territorial investments and other economic development initiatives in lagging regions. Using the definition of lagging regions from the European Commission's Catching...

Persistent link: https://www.econbiz.de/10012434610

Fintech, inclusive growth and cyber risks : a focus on the MENAP and CCA regions

Lukonga, Inutu - 2018

Financial technology (fintech) is emerging as an innovative way to achieve financial inclusion and the broader objective of inclusive growth. Thus far, fintech in the MENAP and CCA remains below potential with limited impact on financial inclusion. This paper reviews the fintech landscape in the...

Persistent link: https://www.econbiz.de/10011932540

Inflation Targeting and Output Growth : Empirical Evidence for the European Union

International Monetary Fund - 2005

This paper evaluates the performance of two alternative policy rules, a forward-looking rule and a spontaneous adjustment rule, under alternative inflation targets, in terms of output losses in a macroeconomic model, using European Union data. The simulations suggest that forward-looking rules...

Persistent link: https://www.econbiz.de/10014400852

Growth and Inflation Dispersions in EMU : Reasons, the Role of Adjustment Channels, and Policy Implications

Stavrev, Emil - 2007

This paper''s analysis of growth and inflation dispersions in the euro area reveals several findings. First, these dispersions have declined appreciably since EMU; remaining dispersions are small but persistent, relating mainly to country-specific shocks, not differences in the transmission of...

Persistent link: https://www.econbiz.de/10014400897

Why is Productivity Growth in the Euro Area so Sluggish?

Estevão, Marcello M. - 2004

Slow productivity growth has plagued the euro area since the mid-1990s. That is particularly striking in view of the large productivity gains in the United States during the same period. This paper shows that the deceleration in labor productivity in the euro area was caused by structural...

Persistent link: https://www.econbiz.de/10014404033

Capital Account Liberalization, Capital Flow Patterns, and Policy Responses in the EU's New Member States

Árvai, Zsófia - 2005

This paper discusses the experience of the EU''s eight new member countries (EU8) between 1995 and 2003 when the bulk …

Persistent link: https://www.econbiz.de/10014404184

Productivity Growth and Structural Reform in Bulgaria : Restarting the Convergence Engine

Pouvelle, Cyril - 2012

Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …

Persistent link: https://www.econbiz.de/10014396587

Technology Diffusion, Services, and Endogenous Growth in Europe. is the Lisbon Strategy Useful?

International Monetary Fund - 2005

United States. Policy simulations illustrate the benefits for EU growth of the deepening of the single market, the reduction …

Persistent link: https://www.econbiz.de/10014399872

Productivity growth and structural reform in Bulgaria : restarting the convergence engine

Mitra, Pritha; Pouvelle, Cyril - 2012

Persistent link: https://www.econbiz.de/10009615565

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