this item has no abstract

this item has no abstract

this item has no abstract

We investigate the long-run growth of Europe in the world economy. The research covers the first half of the XXI° century. The basic trends that will shape the growth regime in the global economy are the demographic transition and the diffusion of technological progress. We use the framework of...

The ongoing pattern of capital flows is quite unusual. All emerging market economies finance American consumers who live beyond their means. This is clearly a misallocation of world saving that is unsustainable in the long run. The present paper uses the INGENUE2 worldwide growth model to shape...

In sharp contrast with the buoyant economic dynamism observed in most other areas of the world, slow growth and persistently high unemployment have been characterizing the European Union (EU) economy for a number of years. This report investigates some of the possible causes of this poor...

Last year’s International Collaboration Project had helped to highlight several key determinants of potential growth in the European Union (EU): basing upon growth accounting techniques, the main difference between the EU and the US had been shown not to rest on total factor productivity...

This paper explores the consequences of pension reforms in Western Europe in a world economy setting. Whereas various economic and social consequences of ageing have been investigated in OECD countries, very few analyses have explicitly taken the worldwide aspect of the problem into account. In...

this item has no abstract