Schwartz, Gerd; Corbacho, Ana; Cui, Qiang; Ganelli, Giovanni - In: EIB papers 13 (2008) 1, pp. 114-149
Most new EU member states (NMS) need further fiscal adjustment to support economic growth and macroeconomic stability …. In this context, achieving income convergence with other EU members rests more with maintaining productivity growth … depress public investment. New financing options for public investment - including from various EU funds and through public …