The long-term balance between fiscal efforts of stabilisation and necessary growth to obtain full capacity is the issue must be the focus of the discussion of economic policy by the countries in the Eurozone. Labour market reforms to create flexibility is important, and necessary, but not...

In this paper we focus on production chains, i.e., on intermediate commodities, in Swedish manufacturing. Based on input-output data for the two years 2000 and 2005, we investigate the input change of the intermediate import shares. The result is that the share of intermediate imports has...

The capacity of the EMU system to successfully tackle an economic crisis has been questioned during the recent financial and economic turmoil. The basic economic structure and competitiveness in the eurozone has developed in an undesirable direction. The number of member countries of the EMU, as...