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Further integration with the EU : just one ingredient in the reform process
Riess, Armin; Vanhoudt, Patrick; Uppenberg, Kristian - In: EIB papers 6 (2001) 2, pp. 58-86
promising path of economic development. The freeing-up of trade with the EU needs to be accompanied by domestic economic reforms …
Persistent link: https://www.econbiz.de/10011498758
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How productive are capital investments in Europe?
Vanhoudt, Patrick; Mathä, Thomas; Schmid, Bert - In: EIB papers 5 (2000) 2, pp. 81-106
Economists agree at least on this: it is difficult to find evidence for, or merely to imagine any growth mechanism that does not work through the increase of a stock of capital in one way or another. From a more policy point of view - in particular in terms of the debate of economic development...
Persistent link: https://www.econbiz.de/10011498880
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What diagnosis for Europe's ailing regions?
Hurst, Christopher; Thisse, Jacques-François; … - In: EIB papers 5 (2000) 1, pp. 9-29
It is not so long ago that policy makers thought that excessive regional disparities would disappear automatically in the long run. Arbitrage possibilities arising from competition and factor mobility were expected to induce a more than average growth performance in lagging regions. Having the...
Persistent link: https://www.econbiz.de/10011499031
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The structure of financial systems and macroeconomic instability
Gros, Daniel; Lannoo, Karel - In: EIB papers 4 (1999) 1, pp. 61-69
country in the EU. This is due to deeply-rooted structural differences in legal systems, development of markets and …-based forms of financing of investments by enterprises in the EU. Disintermediation, and institutionalisation of savings in … authorities would have reacted to something like the LTCM collapse in the EU is a good way to see the importance of these two …
Persistent link: https://www.econbiz.de/10011499203