Drawing on the OECD’s structural analysis (STAN)database, this paper contributes to the understanding of European economic growth through a decomposition into employment and productivity, across sectors, and across different time periods and countries. The US productivity surge from the...

Introducing this volume of the EIB Papers and linking the various contributions, this paper emphasises that the internationalisation of production in Europe, which creates cross-border production networks, is an increasingly important element of globalisation, has been spreading to new EU...

Focussing on Europe, this paper starts with reviewing the main determinants of foreign direct investment (FDI); a key observation is that economic policies and non-policy factors contribute equally to the direction of FDI flows. The paper then examines the growth-FDI nexus: while a strong...