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Deepening the EU's single market for services

Ebeke, Christian; Frie, Jan-Martin; Rabier, Louise - 2019

The services sector is increasingly important for the euro area economy, but productivity growth in the sector has stalled over the past two decades. Remaining barriers to cross-border trade in services within the EU Single Market contribute to this weak performance. Our empirical analysis...

Persistent link: https://www.econbiz.de/10012154992

The Significance of the Current Account : Implications of European Financial Integration

Molho, Lazaros E. - 1990

This paper reasseses the significance of persistent current imbalances as they become easier to finance in the process of European integration. After highlighting some limitations of simple saving-investment guidelines for policies toward the current account, the paper shows that an economy’s...

Persistent link: https://www.econbiz.de/10014396301

How Far is Eastern Europe From Brussels?

Sahay, Ratna - 1998

The current destination of Central and Eastern European countries—explicitly for some, implicitly for all—is Brussels. The concept of the distance from Brussels is multi-dimensional. One simple measure, not without theoretical and empirical justification, is physical distance. This paper’s...

Persistent link: https://www.econbiz.de/10014400670

The EU services directive : gains from further liberalization

Fernández Corugedo, Emilio; Pérez Ruiz, Esther - 2014

The EU Services Directive was adopted in 2006 to foster competition in services across Europe. However, progress in liberalizing services has fallen short of expectations due to the article 15 of the Directive, which allows countries to maintain pre-existing restrictions if judged necessary to...

Persistent link: https://www.econbiz.de/10012667444

Employment protection deregulation and labor shares in advanced economies

Ciminelli, Gabriele; Duval, Romain; Furceri, Davide - 2018

Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver … the impact of job protection deregulation in a sample of 26 advanced economies over the period 1970-2015, using a newly … grounded in theory-namely that job protection deregulation should have larger negative effects in industries characterized by …

Persistent link: https://www.econbiz.de/10011905906

Improving public infrastructure in the Philippines

Komatsuzaki, Takuji - 2016

This paper explores the macroeconomic effects of improving public infrastructure in the Philippines. After benchmarking the Philippines relative to its neighbors in terms of level of public capital and quality of public infrastructure, and public investment efficiency, it uses model simulations...

Persistent link: https://www.econbiz.de/10011445379

The investment-financing-growth nexus : the case of Liberia

Clark, Will; Rosales, Manuel - 2013

Liberia is facing large infrastructure gaps and developmental needs that constrain the country’s growth potential. The government has set an ambitious agenda to transform the economy and to reach middle-income country status by 2030 by scaling up investment in infrastructure and human capital....

Persistent link: https://www.econbiz.de/10012667478

Exports in a tariff-free environment : what structural reforms matter? ; evidence from the European Union single market

Rahman, Jesmin; Stepanyan, Ara; Yang, Jessie; Zeng, Li - 2015

How do countries enhance their exports of goods in a largely tariff-free environment? Our investigation of export performance of new member states in the European Union single market, which provides a natural control for barrier-free environment, points to the importance of structural reforms,...

Persistent link: https://www.econbiz.de/10011373922

Institutional transformations, polity and economic outcomes : testing the North-Wallis-Weingast doorsteps framework

Gollwitzer Franke, Sophia; Quintyn, Marc - 2012

Persistent link: https://www.econbiz.de/10009572322

Institutional Inertia

Valderrama, Laura - 2009

We study the relative efficiency of outside-owned versus employee-owned firms and analyze implications for institutional change in a context of technological innovation. When decisions are made through majority voting, the vote on technology choice is used to influence the later vote on the...

Persistent link: https://www.econbiz.de/10014402460

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