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

-term prospects for further FDI growth in Central and Eastern Europe are good. In all, FDI inflows last year rose in 10 of the regionu … FDI inflows shrink from $23 billion in 2002 to $11 billion in 2003. Economic growth is expected to drive FDI growth in …Foreign direct investment (FDI) inflows into Central and Eastern Europe declined from a record $31 billion in 2002 to a …

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. …

This paper presents evidence for structural differences in economic growth dynamics between the current EU and the … have posted higher average growth and wider output fluctuations than the euro area and other EU countries. Second, a set of …

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 impact from the liberalisation of capital controls and the …

u0093Bond Market Inflation Expectation and Longer-term Trends in Broad Monetary Growth and Inflation in Industrial … in inflation that were matched by growth rates in M2 and nominal GDP but not real GDP in each country and cross …-country averages. Inflationary expectations as estimated by bond rates less real growth trends indicated little inflation expectation …