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53 entries found on 3 pages. starting on record 1 ending on 20

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Title: Comparing economic dynamics in the EU and CEE accession countries
Abstract
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 fluctuations than the euro area and other EU countries. Second, a set of different methodologies suggests that business cycles of accession countries have been less synchronised with the euro area than those of the United Kingdom, Sweden and Denmark. It is less clear whether accession countries are also less synchronised than the euro area "peripherals" (Greece, Portugal and Ireland). Moreover, synchrony differed across countries. Some accession economies, particularly Hungary, Poland and Slovenia, showed a close alignment with euro area fluctuations. Others, in particular the Czech Republic and Slovakia, revealed remarkable asymmetries, which are a reminder that sizeable idiosyncratic shocks remain a risk. [Ralph Süppel]
Author: Süppel, Ralph
Series Title: Working paper series / European Central Bank ; 267
Publisher: European Central Bank
Year: 2003
Language: en
Ressource: Einzelne Arbeitspapiere, Preprints
Keyword: EU enlargementEU countriesOptimum currency areaEastern EuropeComparisonExchange rateEconomic Growth
Subject: European Community external relationsCurrency. Monetary policy
Countries Scheme: Eastern Europe. General Resources
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Europäische Zentralbank (http://www.ecb.int)
Title: Finance and growth in the EU
Title (other): new evidence from the liberalisation and harmonisation of the banking industry
Abstract
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 harmonisation of banking legislation. Both policy changes affect growth even after controlling for other pro-growth policies implemented around the same time and they are robust to business cycle effects that could spuriously drive the relation. The analysis of the main channels through which our policy changes may have affected growth indicates that the harmonisation process has impacted growth through the increase in the level and efficiency of financial intermediation and the liberalisation of capital controls has mainly affected growth through improvements in the degree of efficiency in financial intermediation. [Diego Romero De Ávila]
Author: De Ávila, Diego Romero
Series Title: Working paper series / European Central Bank ; 266
Publisher: European Central Bank
Year: 2003
Language: en
Ressource: Einzelne Arbeitspapiere, Preprints
Keyword: DeregulationSingle European marketEU countriesFinancial marketFinancial liberalizationEconomic Growth
Subject: Foreign trade. Trade relationsInternational investments. Capital movements
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Europäische Zentralbank (http://www.ecb.int)
Title: Bond market inflation expectations and longer-term trends in broad monetary growth and inflation in industrial
countries, 1880 - 2001
Abstract
'Bond Market Inflation Expectation and Longer-term Trends in Broad Monetary Growth and Inflation in Industrial Countries, 1880-2001' by William G. Dewald, Professor of Economics Emeritus, Ohio State University and Former Director of Research, Federal Reserve Bank of St. Louis. Annual data for thirteen countries revealed three long up trends and down trends 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 until the 1960s. Central banks had credibility to keep inflation low even during wartime. It was lost as inflation rose in the 1970s and regained only as inflation fell subsequently. Although relationships with annual data were not as reliable as with ten-year averages, annual inflation was significantly related to annual M2 growth and inflationary expectations which should not be ignored in central bank decision making. [William G. Dewald]
Author: Dewald, William G.
Series Title: Working paper series / European Central Bank ; 253
Publisher: European Central Bank
Year: 2003
Language: en
Ressource: Einzelne Arbeitspapiere, Preprints
Keyword: Money stockIndustrialized countriesInflation expectationsBond MarketComparisonEconomic Growth
Subject: Economic and growth policiesEconomic development. Economic growthMoney. Financing
Countries Scheme: Global Resources
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Title: Growth expectations, capital flows and international risk sharing
Abstract
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 international risk sharing as a factor for the macroeconomic response to shocks. We use a stylised two-bloc, two-period model of the global economy, with a simple stochastic productivity shock affecting only one country. Efficient global risk-sharing imply that expected productivity gains in one country will attract equity inflows in excess of those needed to finance the current account. Upward-biased expectations about prospects for the productivity gains can further increase the risk exposure of foreign shareholders. The model is calibrated to show how ex post market losses - whether due to 'normal' stock market downturn or ex ante over-optimism - are distributed and how they affect global consumption and current account positions. The results suggest that international spillover effects of stock market bubbles can contribute to business cycle synchronisation across economic areas. [Olli Castrén, Marcus Miller and Roger Stiegert]
Author: Castrén, Olli | Miller, Marcus | Stiegert, Roger
Series Title: Working paper series / European Central Bank ; 237
Publisher: European Central Bank
Year: 2003
Language: en
Ressource: Einzelne Arbeitspapiere, Preprints
Keyword: Stock MarketBubblesCapital mobilityBusiness cycle transmissionRiskTheoryWorldEconomic Growth
Subject: Economic and growth policiesInternational investments. Capital movements
Countries Scheme: Global Resources
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Title: Die Lissabon-Strategie : Wachstum und Beschäftigung durch ländliche Entwicklung
Abstract
Am 2. Februar 2005 hat die Europäische Kommission den Neustart der Lissabon-Strategie für die Europäische Union (EU) verkündet. Diese Strategie soll die Grundlage bilden für die Bewältigung des dringenden Bedarfs der EU an mehr Wirtschaftswachstum, Arbeitsplätzen und Wettbewerbsfähigkeit auf den Weltmärkten. Ziel der Lissabon-Strategie, eines wichtigen Schwerpunkts der EU-Politik, ist die Verbesserung des Lebensstandards der Menschen auf umwelt- und sozialverträgliche Weise. Die Leitlinien des Beitrags der Gemeinsamen Agrarpolitik (GAP) zur Lissabon-Strategie wurden 2001 auf der Europäischen Ratstagung von Göteborg festgelegt und 2003 mit den Schlussfolgerungen von Saloniki zur Lissabon-Strategie bekräftigt: “Eine starke Wirtschaftsleistung“, die „mit einer nachhaltigen Nutzung der natürlichen Ressourcen“ einhergeht. [Europäische Kommission]
Contributer: Europäische Kommission / Generaldirektion Landwirtschaft
Year: 2005
Language: de
Ressource: Verzeichnisse von elektronischen Büchern
Keyword: Agricultural developmentRural developmentCompetitive strategyEconomic Growth
Subject: Economic and social developmentAgricultural policy. Agricultural development
Online Ressource: vorübergehend nicht erreichbar!
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Title: The new Lisbon strategy : an estimation of the economic impact of reaching five Lisbon targets
Abstract
The Lisbon strategy could reinvigorate Europe's economy and boost employment. In 2000 the European leaders agreed to stimulate economic growth and employment and make Europe's economy the most competitive in the world. If Europe would really reach the goals they set, Europe's Gross Domestic Product could increase by 12% to 23% and employment by about 11%. This paper draws this conclusion after having analysed five of the most important Lisbon goals: the internal market for services, the reduction of administrative burdens, goals on improving human capital, the 3% target on research and development expenditures, and 70% target on the employment rate. Using CPB's general equilibrium model for the world economy we have simulated the consequences for Europe of reaching the Lisbon targets in these fields. Key words: Jobs creation and economic growth, Lisbon agenda, general equilibrium model [George M. M. Gelauff; Arjan M. Lejour]
Author: Gelauff, George M. M. | Lejour, Arjan M.
Series Title:European Commission / Directorate-General for Enterprise and Industry - Industrial policy and economic reform papers ; 1
Publisher: Europäische Kommission / Generaldirektion Unternehmen und Industrie
Year: 2006
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: General equilibriumJobEU countriesEconomic Growthjobequilibrium
Subject: Economic and growth policiesEconomic development. Economic growthEmployment and unemployment
Countries Scheme: Europe. General Resources
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Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source : Europäische Kommission (http://europa.eu)
Title: Five Lisbon highlights
Title (other): The economic impact of reaching these targets
Abstract
The Lisbon strategy could reinvigorate Europe's economy and boost employment. In 2000 the European leaders agreed to stimulate economic growth and employment and make Europe's economy the most competitive in the world. If Europe would really reach the goals they set, Europe's Gross Domestic Product could increase by 12 to 23% and employment by about 11%. This paper draws this conclusion after having analysed five of the most important Lisbon goals: the internal market for services, the reduction of administrative burdens, goals on improving human capital, the 3% target on research and development expenditures, and the 70% target on the employment rate. Using CPB's general equilibrium model for the world economy we have simulated the consequences for Europe of reaching the Lisbon targets in these fields.[Author vide Copyright]
Table of Contents
Preface
Summary
1 Highlights of Lisbon: an overview
2 The European economy and the Lisbon strategy
3 A framework for analysis: WorldScan
4 Employment
5 Human capital
6 Research and development
7 The internal market for services
8 Less red tape in Europe
Author: Gelauff, M. M. | Lejour, A. M.
Publisher: CPB Netherlands Bureau for Economic Analysis
Year: 2004
ISBN / ISSN / Kat.Nr: 90-5833-248-9
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: JobEconomic Growth
Countries Scheme: No country specification
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document
Title: Tax/benefit systems and growth potential of the EU
Title (other): Final report, 31.1.2007 | TAXBEN
Author (Corp. Body): ETLA | Elinkeinoelämän Tutkimuslaitos x
Publisher: Europäische Kommission / Generaldirektion Steuern und Zollunion
Year: 2008
ISBN / ISSN / Kat.Nr: SCS8-CT-2004-502639
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: EU countriesTaxEconomic Growth
Subject: Economic and growth policiesTaxation. Fiscal policy
Countries Scheme: Europe. General Resources
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Europäische Kommission (http://europa.eu/)
Title: Can the relaunch of the Lisbon Agenda solve the puzzle of why deeper integration did not lead to more growth in Europe?
Title (other): Europe's challenges in a globalised world; Conference Brussels, 23-24 Nov. 2006
Author: Breuss, Fritz
Contributer: Europäische Kommission / Generaldirektion Bildung und Kultur | Jean Monnet Action | European Community Studies Association Brussels ECSA
Publisher: Europäische Gemeinschaften / Amt für Amtliche Veröffentlichungen
Year: 2006
Language: en
Ressource: Einzelne Vorträge und Tagungsbeiträge
Keyword: Economic Growth
Subject: Economic policy and planning
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Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Europäische Kommission (http://ec.europa.eu/)
Title: A policy for industrial champions
Title (other): From picking winners to fostering excellence and the growth of firms
Abstract
The EU has experienced different options to support the emergence of champions: (i) targeted support for strategic sectors and large technology initiatives (e.g. Airbus, Ariane, HDTV and ESPRIT); (ii) a support of declining sectors with the ECSC Treaty; and (iii) an emphasis on horizontal policies since the early 1990’s. Recently, the disappointing performances of certain high-tech sectors and the growing productivity gap with the US have raised concerns about the ability of the pro-market approach to help EU companies withstand international competition. Stylised facts show that the EU does not suffer from the absence of large world-class companies, but rather from the absence of growing companies in new high-technology industries. With a few exceptions, the EU has not been able to promote the emergence of international players in the fast-growing sectors of the economy. Against this background, the paper reviews the arguments for and against prochampions policies and explores the contribution of different EU policies – competition, trade and research - to the twin goal of providing a stimulating and disciplining environment for large companies while at the same time facilitating the growth of young innovative enterprises. [Emmanuelle Maincent and Lluis Navarro]
Author: Maincent, Emmanuelle | Navarro, Lluis
Series Title: Industrial policy and economic reforms papers ; 2
Publisher: Amt für Amtliche Veröffentlichungen
Year: 2007
ISBN / ISSN / Kat.Nr: 92-79-02214-8
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: EU countriesIndustrial PolicyEconomic Growthgrowth
Subject: Economic and growth policiesEconomic development. Economic growth
Countries Scheme: Europe. General Resources
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Europäische Kommission (http://europa.eu)
Title: Sectoral growth drivers and competitiveness in the European Union
Author (Corp. Body): Europäische Kommission / Generaldirektion Unternehmen und Industrie
Publisher: Amt für Amtliche Veröffentlichungen
Year: 2009
ISBN / ISSN / Kat.Nr: 978-92-79-09033-2 | NB-30-08-460-EN-C
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: EU countriesIncomeCompetitionEconomic Growth
Subject: Economic and growth policies
Countries Scheme: Europe. General Resources
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Europäische Kommission (http://europa.eu/)
Title: Public investment, transport infrastructure and growth in Poland
Abstract
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 effect is even more important for economies in transition engaged in a catching up process. The analysis presented supports these conclusions. It also provides statistical evidence suggesting that higher public investment stimulates growth in Poland. In recent years, a significant effort has already been made to increase public spending in infrastructure. This has contributed to smooth the economic downturn in Poland during the crisis. However, significant infrastructure investments are still needed, notably in the area of transport. In the current post-crisis environment, the envisaged efforts to further improve public infrastructure seem to be an appropriate way to support the recovery. Spending reallocation within the budget and a more extensive use of EU funds would allow financing these new investments. This would avoid increasing the budget deficit or introducing distortionary taxes, which would partly or fully offset the positive impact of the additional investments.
Author: Rutkowski, Aleksander
Series Title: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen - Ecfin country focus ; 2009,11
Contributer: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen
Year: 2009
ISBN / ISSN / Kat.Nr: 978-92-79-13296-4 | KC-XA-09-011-EN-N
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: Transport infrastructureEconomic GrowthPublic Investmentpublic investmenteconomic growth
Subject: Economic policy and planningInvestments. Investment policy
Countries Scheme: Poland
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Title: Business cycles, quality of economic policy and government revenues in Poland
Abstract
The volatility of general government tax revenues has increased in Poland in recent years. The correlation between GDP growth and revenue growth appears to be lower in Poland than in many other EU Member States, which suggests that the instability of its revenues has a different. This Country Focus argues that discretionary policy measures may be one such cause. This is supported by firm-level survey data on the quality of economic policy – tax policy in particular. It appears that economic policy in Poland has been less predictable, consistent and transparent than in other new Member States, and that this gap in the quality of policy is increasing.
Author: Rutkowski, Aleksander
Series Title: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen - Ecfin country focus ; 2008,2
Contributer: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen
Year: 2008
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: Economic policyEconomic Growthtaxation policyeconomic policy
Subject: Economic policy and planning
Countries Scheme: Poland
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Title: Estonia: overheating and sectoral dynamics
Abstract
Estonia's accession to the EU in 2005 led to a period of above-potential growth, fostered by expansionary monetary conditions. The predominance of foreign-owned banks accelerated the process of financial integration. Financial flows, while massive, were mostly directed at the non-tradable sectors of Estonia's economy, leading to an overexpansion of market services, while productivity growth in these sectors was declining. In contrast, manufacturing registered high total factor productivity (TFP) growth, while resources directed at this subsector were declining in relative terms. This relative misallocation of resources progressively led to growing macroeconomic imbalances, triggering an abrupt end to the high phase of the economic cycle. However, in at the end of 2007, competitiveness in the higher skilled subsectors of manufacturing was still holding up fairly well despite rapid increases in unit labour costs. Exports by most subsectors were growing a sustained pace and appeared to be laying the foundation for renewed growth.
Author: Lamine, Baudouin
Series Title: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen - Ecfin country focus ; 2008,7
Contributer: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen
Year: 2008
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: Economic Growtheconomic development (on national level)
Subject: Economic and growth policies
Countries Scheme: Estonia
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Europäische Kommission (http://ec.europa.eu/)
Title: Upswing in Germany: how long will it last?
Abstract
Following several years of low growth Germany is presently enjoying a relatively strong recovery. With unemployment falling at record speed and fiscal consolidation progressing, the upswing is set to continue in spite of uncertainties surrounding the VAT increase of January 2007. This Country Focus analyses whether the strong outlook merely signifies a cyclical 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 include, first, the restoration of external cost competitiveness by means of wage moderation; second, the lightening of the reunification burden, notably by cutting the bloated construction sector down to size; and, third, a number of reforms, especially in the labour market. On the other hand, the lengthy slowdown has taken its toll in terms of reduced capital stock and persistent structural unemployment. This weakness in providing labour and capital inputs means that Germany risks losing some of its still strong capacity to innovate, and potential growth is likely to remain subdued. Implementing a coordinated reform agenda, however, would lift potential growth substantially.
Author: Jansen, Heinz | Stierle, Michael H.
Contributer: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen
Year: 2007
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: Economic Growtheconomic growth
Subject: Economic and social development
Countries Scheme: Germany. General Resources
Online Ressource: vorübergehend nicht erreichbar!
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Title: The business cycle in Poland: where do we stand?
Abstract
This Country Focus analyses and interprets the statistical characteristics of the Polish business cycle. It also identifies leading and lagging variables and shows that the economic fluctuations in Poland differ to some extent from those in other emerging and mature economies, with Polish growth notably more volatile and government expenditure highly erratic. The available data on GDP growth suggest that the Polish economy is approaching the peak of the second business cycle since the start of economic transformation from a centrally planned to a market economy. The current upswing is to some extent similar to the one of 1995-1997 which ended in large macroeconomic imbalances (increasing unemployment, spare capacity, widening fiscal and current account deficits). However, Poland now appears to be better positioned than after the last cycle and should be able to avoid a repeat of that outcome.
Author: Narozny, Michal
Series Title: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen - Ecfin country focus ; 2007,09
Contributer: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen
Year: 2007
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: Economic Growtheconomic development (on national level)
Subject: Economic development. Economic growth
Countries Scheme: Poland
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Europäische Kommission (http://ec.europa.eu/)
Title: Liberalisation and development of the Czech financial sector: more to come
Abstract
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 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.
Author: Kay, Neil
Series Title: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen - Ecfin country focus ; 2007,12
Contributer: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen
Year: 2007
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: Banking SystemFinancial sectorEconomic Growthfinancial marketeconomic growth
Subject: Financing. Private finance. Financial policy
Countries Scheme: Czech Republic
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Europäische Kommission (http://ec.europa.eu/)
Title: Smooth versus bumpy: differences in growth dynamics in Belgium and the Netherlands
Abstract
Until the mid-1990s Belgium and the Netherlands remained largely aligned in terms of output growth. However, since then they have shown a more divergent growth pattern as the Netherlands experienced a much more pronounced cycle than Belgium. There are three main explanations. The Netherlands saw significant equity withdrawals from rising housing prices that only lessened as the real-estate market cooled down at the start of the new millennium, while the dynamic in the Belgian housing market has been much more modest and home equity withdrawal insignificant. The inflation pressures and labour market tensions that built up during the late 1990s in the Netherlands resulted in high nominal labour cost growth, a substantial loss in international competitiveness and the need for severe wage moderations in the ensuing years, which in turn reinforced the downward part of the cycle. In Belgium, the wage-setting institutions were more geared towards aligning wage developments to those of its neighbours, which prevented large swings in relative competitiveness. Economic policy was more accommodating in the Netherlands than in Belgium since inflationary pressures mean that real interest rates in the Netherlands were lower, implying a de facto more accommodating monetary stance. Moreover, fiscal consolidation in Belgium in preparation of the adoption of the euro had a moderating effect on the cyclical upswing, whereas in the Netherlands fiscal policy was somewhat pro-cyclical.
Author: Bethuyne, Gerrit | Buitenkamp, Bouke
Series Title: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen - Ecfin country focus ; 2006,09
Contributer: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen
Year: 2006
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: Economic Growtheconomic development (on national level)
Subject: Economic development. Economic growth
Countries Scheme: BelgiumNetherlands
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Europäische Kommission (http://ec.europa.eu/)
Title: Born global : The potential of job creation in new international businesses
Abstract
Traditional theory about international business suggests that companies first establish a solid home market and go global only in later stages of their life cycle. However, this view is challenged by research that shows that some firms internationalise quickly after start-up – so-called ‘born globals’. These firms are assumed to be strongly innovative and growth-oriented, and hence could well contribute to the economic and labour market recovery Europe is seeking after the global financial crisis. So far, little is known about the full economic potential of these companies and how best to support them. This study aims to close this knowledge gap by providing a summary of literature and secondary data to characterise born globals and pinpoint their main strengths and weaknesses as well as economic and labour market potential. [Irene Mandl, Funda Celikel-Esser]
Author: Mandl, Irene | Celikel-Esser, Funda
Publisher: European Foundation for the Improvement of Living and Working Conditions
Year: 2013
ISBN / ISSN / Kat.Nr: EF/12/65/EN
Language: en
Ressource: Einzelne Arbeitspapiere, Preprints
Keyword: Labour MarketEnterpriseEconomic Growthinternationalization
Subject: International market. International division of labourLabour market
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Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: European Foundation for the Improvement of Living and Working Conditions (http://eurofound.europa.eu)
Title: Domestic gloom and export boom : a look at German competitiveness
Abstract
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 European countries. The German economy is suffering from a number of problems.There are the usual long-running concerns about Germany’s high labour costs andtaxes, and high levels of regulation. This has been exacerbated by new challenges over the last decade and a half, such as the high costs of German unification and the direct exposure to low-wage eastern and central European countries. With hindsight the four-year stagnation might therefore not be all that surprising. And what this paper shows is that structurally the country has made substantial progress and is in a better competitive position than before. What is needed now is an improvement in confidence and a pick-up in domestic demand. [Heinz Jansen]
Author: Jansen, Heinz
Series Title: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen - ECFIN Country Focus ; 2005,06
Publisher: Europäische Kommission / Generaldirektion Wirtschaft und Finanzen
Year: 2005
Language: en
Ressource: Einzelne Berichte, Studien
Keyword: Competition PolicyEconomic Growth
Subject: Economic conditions
Countries Scheme: Germany. General Resources
Online Ressource: vorübergehend nicht erreichbar!
Bitte beachten Sie die urheberrechtlichen Bedingungen der Dokumentenbenutzung / Please observe the copyright when accessing the document | Quelle / Source: Europäische Kommission (http://ec.europa.eu/)
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