Capital quality improvement is a general phenomenon. Therefore quality correction is needed in price indexes. There is substantial evidence of biases in the official price indexes of capital equipment. We apply to euro area statistics estimates of these biases based on US data thus deriving...

This report sets out a detailed analysis of the specific weaknesses typical of women's working lives in Europe. In order to give an overview of the situation in all 27 EU Member States, eight countries have been selected in the light of the conclusions reached by the comparative literature on...

This Country Focus discusses the relation between public investment and economic growth in Poland. Theoretical and empirical work has shown that improvements in the quantity and quality of public infrastructure have a positive impact on growth in the medium and, possibly, in the long run. The...

Following several years of low growth Germany is presently enjoying a relatively strong recovery. With unemployment falling at record speed and fiscal consolidation progressing, the upswing is set to continue in spite of uncertainties surrounding the VAT increase of January 2007. This Country...

The Czech financial sector has changed dramatically since transition. In fifteen years, it has developed from a state-owned mono-bank into a privatised bank-based financial system with developing capital and private equity markets. This country focus analyses the development of the financial...

This staff working document builds on the policies laid out in the European Commission Communication Tax and development - cooperating with developing countries on promoting good governance in tax matters and reflects the discussions at the Third FfD Conference. It analyses ways to support...

This information note is part of the European Commission's Agenda for Change, in which sustainable agriculture is a priority. It begins with an executive summary (Chapter 2), followed by a discussion of the importance of smallholder access to agricultural markets in Chapter 3. Chapters 4 to 7...