Europe's single currency was launched a bit more than a year ago for eleven of the fifteen countries of the Union. This study assesses economic developments and policies during the inaugural year of the new regime. It analyses the economic performance and prospects of the euro area as a whole,...

The launch of the euro reinforces the foundations for unprecedented economic integration encompassing 11 countries, 16 per cent of world GDP and 290 million people. For the first time, the OECD has studied the euro-area as a fully-fledged economic entity and has analysed the intensive...

This paper provides an assessment of the impact of a package of structural reforms in the European Union and the United States on long-run trade and output gains accruing to OECD countries. The package includes reforms that reduce competition-restraining regulations, cut tariff barriers and ease...

Eurofound’s fifth annual yearbook, Living and working in Europe, based on the Agency’s research from 2013, describes developments in the EU in the wake of the crisis, focusing on major topic areas including changes in labour markets and employment, efforts to tackle youth unemployment,...

European labour markets added nearly 30 million new jobs in a golden age of employment creation prior to the onset of the Great Recession in 2008. These labour markets subsequently shed six million jobs, and unemployment peaked at 11% in 2013, its highest rate in well over a decade. This third...

This first issue of a revised approach to the ERM quarterly includes: an overview of relevant indicators such as GDP growth and the unemployment rate; the overall ERM statistics for the second quarter 2006; an examination of the often neglected issue of restructuring in the public sector with...

This third issue of the ERM quarterly includes: current macroeconomic trends from the World Economic Outlook, published in September 2006 by the International Monetary Fund (IMF); the overall ERM statistics for the third quarter 2006; offshoring from eastern Europe during the last two years, in...