Factors of EU Economic Growth

Factors of EU Economic Growth
Author: Florin-Teodor Boldeanu
Publisher: Cambridge Scholars Publishing
Total Pages: 250
Release: 2018-07-27
Genre: Business & Economics
ISBN: 1527514692

This book will appeal to scholars and policymakers who deal with and/or are conducting research on the factors of economic growth. At present, there is no unified growth model that is feasible for every investigation. As such, this volume offers key insights into the factors that are most relevant in explaining growth variation at country, regional and metropolitan levels. In order to acquaint the reader with the concepts related to the subject, two theoretical chapters detail the schools of thought and the models that were formulated in the past. Three empirical chapters then present an up-to-date and a multi-level investigation, using the most comprehensive models, for the European Union. The results of this book are policy-oriented and will serve to help close the gaps between EU countries and regions.

Economic Growth in Europe

Economic Growth in Europe
Author: Marcel P. Timmer
Publisher: Cambridge University Press
Total Pages: 312
Release: 2013-01-03
Genre: Business & Economics
ISBN: 9781107412446

Why has European growth slowed down since the 1990s while American productivity growth has speeded up? This book provides a thorough and detailed analysis of the sources of growth from a comparative industry perspective. It argues that Europe's slow growth is the combined result of a severe productivity slowdown in traditional manufacturing and other goods production, and a concomitant failure to invest in and reap the benefits from Information and Communications Technology (ICT), in particular in market services. The analysis is based on rich new databases including the EU KLEMS growth accounting database and provides detailed background of the data construction. As such, the book provides new methodological perspectives and serves as a primer on the use of data in economic growth analysis. More generally, it illustrates to the research and policy community the benefits of analysis based on detailed data on the sources of economic growth.

The New Economy and Economic Growth in Europe and the US

The New Economy and Economic Growth in Europe and the US
Author: David B. Audretsch
Publisher: Springer Science & Business Media
Total Pages: 370
Release: 2002-04-10
Genre: Business & Economics
ISBN: 9783540431794

There are many issues relating to the new economy in Europe and the USA that are unexplored. Here, the authors present innovative theoretical and empirical analysis on Internet dynamics, productivity growth and organizational changes in selected OECD countries. New empirical findings related to telecommunications, Internet and growth also are presented. Based on the theoretical and empirical analyses, various policy options are developed. Policy measures, both at the regional and national levels, can stimulate structural change, knowledge diffusion and economic growth. Different governance strategies for the Internet and e-commerce are identified from a global perspective.

Europe's Growth Champion

Europe's Growth Champion
Author: Marcin Piatkowski
Publisher: Oxford University Press
Total Pages: 397
Release: 2018
Genre: Business & Economics
ISBN: 0198789343

What makes countries rich? What makes countries poor? Europe's Growth Champion: Insights from the Economic Rise of Poland seeks to answer these questions, and many more, through a study of one of the biggest, and least heard about, economic success stories. Over the last twenty-five years Poland has transitioned from a perennially backward, poor, and peripheral country to unexpectedly join the ranks of the world's high income countries. Europe's Growth Champion is about the lessons learned from Poland's remarkable experience, the conditions that keep countries poor, and the challenges that countries need to face in order to grow. It defines a new growth model that Poland and its Eastern European peers need to adopt to grow and catch up with their Western counterparts. Poland's economic rise emphasizes the importance of the fundamental sources of growth- institutions, culture, ideas, and leaders- in economic development. It demonstrates that a shift from an extractive society, where the few rule for the benefit of the few, to an inclusive society, where many rule for the benefit of many, can be the key to economic success. *IEurope's Growth Champion asserts that a newly emerged inclusive society will support further convergence of Poland and the rest of Central and Eastern Europe with the West, and help to sustain the region's Golden Age. It also acknowledges the future challenges that Poland faces, and that moving to the core of the European economy will require further reforms and changes in Poland's developmental character.

The European Economy Since 1945

The European Economy Since 1945
Author: Barry Eichengreen
Publisher: Princeton University Press
Total Pages: 521
Release: 2008-07-21
Genre: Business & Economics
ISBN: 0691138486

However, this inheritance of economic and social institutions that was the solution until around 1973--when Europe had to switch from growth based on brute-force investment and the acquisition of known technologies to growth based on increased efficiency and innovation--then became the problem.

Economic Policy Reforms 2012 Going for Growth

Economic Policy Reforms 2012 Going for Growth
Author: OECD
Publisher: OECD Publishing
Total Pages: 223
Release: 2012-02-24
Genre:
ISBN: 9264168443

Going for Growth is the OECD’s annual report highlighting developments in structural policies in OECD countries. It identifies structural reform priorities to boost real income for each OECD country and key emerging economies.

Innovation and Regional Growth in the European Union

Innovation and Regional Growth in the European Union
Author: Riccardo Crescenzi
Publisher: Springer Science & Business Media
Total Pages: 219
Release: 2011-06-17
Genre: Business & Economics
ISBN: 3642177611

This book investigates the EU’s regional growth dynamics and, in particular, the reasons why peripheral and socio-economically disadvantaged areas have persistently failed to catch up with the rest of the Union. It shows that the capability of the knowledge-based growth model to deliver its expected benefits to these areas crucially depends on tackling a specific set of socio-institutional factors which prevents innovation from being effectively translated into economic growth. The book takes an eclectic approach to the territorial genesis of innovation and regional growth by combining different theoretical strands into one model of empirical analysis covering the whole EU-25. An in-depth comparative analysis with the United States is also included, providing significant insights into the distinctive features of the European process of innovation and its territorial determinants. The evidence produced in the book is extensively applied to the analysis of EU development policies.

The Cross-Country Incidence of the Global Crisis

The Cross-Country Incidence of the Global Crisis
Author: Mr.Gian Milesi-Ferretti
Publisher: International Monetary Fund
Total Pages: 41
Release: 2010-07-01
Genre: Business & Economics
ISBN: 1455201820

We examine whether the cross-country incidence and severity of the 2008-2009 global recession is systematically related to pre-crisis macroeconomic and financial factors. We find that the pre-crisis level of development, increases in the ratio of private credit to GDP, current account deficits, and openness to trade are helpful in understanding the intensity of the crisis. International risk sharing did little to shield domestic demand from the country-specific component of output declines, while those countries with large pre-crisis current account deficits saw domestic demand fall by much more than domestic output during the crisis.

European Economic Forecast, Autumn 2011

European Economic Forecast, Autumn 2011
Author: European Commission. Directorate-General for Economic and Financial Affairs
Publisher:
Total Pages: 0
Release: 2011
Genre: Economic forecasting
ISBN: 9789279193170

Recoge: 1. Economic developments at the aggregated level - 2. Prospects by individual economy : Member states - Candidate countries - Other non-EU countries.

Growth and Innovation of Competitive Regions

Growth and Innovation of Competitive Regions
Author: Ugo Fratesi
Publisher: Springer Science & Business Media
Total Pages: 365
Release: 2008-12-29
Genre: Business & Economics
ISBN: 354070924X

Time Time b a Space Space Time Time c d Space Space Fig. 1 Different possible scales for growth and innovation analyses spatial dimension, the sectoral dimension and the time dimension are represented. In Fig. 1a, regional developmentanalyses are revealed, where the economyis sliced vertically into regions and their dynamics are investigated. The study of the evolution of industries, typical of evolutionary industrial e- nomics, is represented in Fig. 1b, where the economy is divided horizontally into sectoral slices. This approach has progressed considerably in recent years (see Malerba 2006, for a recent survey). Modi?cations of industries have important spatial implications, which however are not normally at the core of these ana- ses even though spatial patterns of innovation differ greatly from sector to sector (Breschi 2000). Our approach operates in the manner of Fig. 1a and we will focus on regions, extending the analysis to industries only where this is regionally and structurally relevant. Hence, the approach in the book belongs to the tradition of regional development theories, but, in contrast to the more traditional analyses, we will not consider the region as an economic unit per se. Rather, interactions between and within regions are very relevant to the performance of individual regions in an integrated world and will be at the core of the analyses of the following chapters.