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Persistent link: https://www.econbiz.de/10011507793
economic complexity indicator is a good predictor of economic growth. Our results suggest that a group of countries in the EU … on growth for a second group of countries with lower levels of complexity. We also find that income convergence is faster …
Persistent link: https://www.econbiz.de/10011807224
growth. The first two scenarios assume the continuation of past or current growth trends and the maintenance of positive … growth rate differentials, indicating the probable length of the period needed by the individual CEE countries to attain the … economies, warns that economic growth in the region may slow down due mainly to unfavorable demographic trends, with the …
Persistent link: https://www.econbiz.de/10011548764
economic growth of eleven Central and Eastern European (CEE or EU11) countries, including their real convergence to the … selected macroeconomic variables related to the EU enlargement on economic growth of the CEE countries is examined with the use … direct investment) turned out to be important drivers of GDP growth. …
Persistent link: https://www.econbiz.de/10012259712
Structural funds are the most intensively used policy instrument by the EuropeanUnion to promote economic growth in its …
Persistent link: https://www.econbiz.de/10011327526
The European integration process started with the aim of reducing the differences in income and/or living standards between the participating countries over time. To achieve this, a certain alignment of institutions and structures was seen as a necessary precondition. While the goal of this...
Persistent link: https://www.econbiz.de/10012485017
. Although convergence towards higher levels of income appears to be a distant prospect at current trend growth rates, this is … of the European Union to undertake pro-growth policies. The most promising prospect in this respect appears to reside … with employment creation, which has been so far lacking and led to a rather imbalanced pattern of growth. Bringing down …
Persistent link: https://www.econbiz.de/10012446298
Persistent link: https://www.econbiz.de/10013160414
In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with that of higher-income economies since the start of monetary union. The significant real convergence performance of some of the most recent members contrasts with that of the...
Persistent link: https://www.econbiz.de/10012941989
In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with that of higher-income economies since the start of monetary union. The significant real convergence performance of some of the most recent members contrasts with that of the...
Persistent link: https://www.econbiz.de/10011755500