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This Country Focus discusses the relation between public investment and economic growth in Poland. Theoretical and empirical work has shown that improvements in the quantity and quality of public infrastructure have a positive impact on growth in the medium and, possibly, in the long run. The...
Persistent link: https://www.econbiz.de/10009641072
Following several years of low growth Germany is presently enjoying a relatively strong recovery. With unemployment … persistent structural unemployment. This weakness in providing labour and capital inputs means that Germany risks losing some of …
Persistent link: https://www.econbiz.de/10009641144
The Czech financial sector has changed dramatically since transition. In fifteen years, it has developed from a state-owned mono-bank into a privatised bank-based financial system with developing capital and private equity markets. This country focus analyses the development of the financial...
Persistent link: https://www.econbiz.de/10009641248
Since 1995 Germany has barely managed to grow by 1.2% annually, with growth over the last four years averaging only 0 ….6%. In 2005, growth will again be below1%. With these low growth rates Germany has clearly fallen behind all the other … Germany’s high labour costs andtaxes, and high levels of regulation. This has been exacerbated by new challenges over the last …
Persistent link: https://www.econbiz.de/10011902490
to return to 2007 levels in each of the largest Member States, even in those like Germany where recovery has been most …
Persistent link: https://www.econbiz.de/10012023023
Persistent link: https://www.econbiz.de/10012116924
This paper presents evidence for structural differences in economic growth dynamics between the current EU and the central- and eastern European accession countries. Two important results emerge from the analysis. First, accession countries have posted higher average growth and wider output...
Persistent link: https://www.econbiz.de/10009635910
This paper analyses the link between finance and growth by studying the effect that the process of financial deregulation and harmonisation of banking laws at the EU level has brought about on growth over the last 40 years. Our main findings point to the existence of a positive long-run growth...
Persistent link: https://www.econbiz.de/10009635911
u0093Bond Market Inflation Expectation and Longer-term Trends in Broad Monetary Growth and Inflation in Industrial Countries, 1880-2001u0094 by William G. Dewald, Professor of Economics Emeritus, Ohio State University and Former Director of Research, Federal Reserve Bank of St. Louis. Annual...
Persistent link: https://www.econbiz.de/10009635923
Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...
Persistent link: https://www.econbiz.de/10009635970