stimulating and disciplining environment for large companies while at the same time facilitating the growth of young innovative …

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 … higher public investment stimulates growth in Poland. In recent years, a significant effort has already been made to increase …

Following several years of low growth Germany is presently enjoying a relatively strong recovery. With unemployment … recovery or whether it heralds a return to higher potential growth from the estimated level of slightly above 1% in the first … half of this decade. In recent years three developments have taken place that may have helped lift potential growth. These …

focus analyses the development of the financial sector including its impact on economic growth. While the sector has … advanced considerably in scale and efficiency, there is clear room for further development to support future growth. …

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 …