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literature on fiscal federalism. The currency union will not directly affect the national welfare policy. It might increase … national policy. There is also one chapter about Finland as an example of a small open welfare economy, which has traditionally …
Persistent link: https://www.econbiz.de/10005545989
the growth prospects in the coming 5 years. The weakness of Finland’s performance relative to comparative EU … recovery in turn stems from a stronger export market growth, the fading away of the negative Nokia shock, and the improvement … on productivity growth, we estimate that Finland could achieve an annual growth rate of about 2 per cent in the coming 5 …
Persistent link: https://www.econbiz.de/10012037707
companies. The results show that most of the supported companies would not have needed the subsidy, as they would have remained … development and economic growth, as labor and capital are more likely to remain in less productive businesses. The study also …
Persistent link: https://www.econbiz.de/10014530119
companies. The results show that most of the supported companies would not have needed the subsidy, as they would have remained … development and economic growth, as labor and capital are more likely to remain in less productive businesses. The study also …
Persistent link: https://www.econbiz.de/10014482908
Euro Area member states have agreed to introduce a structural budget balance target to their national legislation (Treaty on Stability, Coordination and Governance). However, there exists no commonly agreed methodology to calculate this macroeconomic indicator. This report presents the...
Persistent link: https://www.econbiz.de/10012037631
Persistent link: https://www.econbiz.de/10010272995
In this paper, we describe key problems of the current EU's fiscal framework and offer constructive alternatives to reforming it. A comprehensive reassessment of the rules is necessary, as the development of the rules has reached an impasse for both political and technical reasons. In our view,...
Persistent link: https://www.econbiz.de/10012939224
Persistent link: https://www.econbiz.de/10003878961
In this paper, we describe key problems of the current EU's fiscal framework and offer constructive alternatives to reforming it. A comprehensive reassessment of the rules is necessary, as the development of the rules has reached an impasse for both political and technical reasons. In our view,...
Persistent link: https://www.econbiz.de/10012664936
differences also exist between the scalability of different services. Since 2007, employment growth has been the fastest in the … location-dependent services. The real growth of value added and the increase of productivity, however, have been concentrated …
Persistent link: https://www.econbiz.de/10012037656