selection

economic forecasting

This tag is associated with 21 posts

Economic and Budgetary Outlook for the European Union 2019

This EPRS study, the third in an annual series, provides an overview of the economic and budgetary situation in the EU and beyond. It summarises the main economic indicators in the Union and euro area, and their two-year trends. Continue reading

Economic and Budgetary Outlook for the European Union 2018

In 2017, the EU and euro-area economies continued their moderate growth (slightly over 2 %) in a context of global improvement (3.5 %) underpinned by a strong rebound in world trade, continuing growth in China and a return to growth in countries such as Brazil and Russia. Continue reading

Turkey: Economic indicators and trade with EU

Written by Philippe Perchoc and Giulio Sabbati (both EPRS), In cooperation with Caterina Francesca Guidi (from GlobalStat | EUI), The EU is Turkey’s number one trading partner, and Turkey the EU’s fifth trading partner – and the only one with which the EU has concluded a custom union. Turkish growth remains strong (4% in 2015 … Continue reading

Australia: Economic indicators and trade with the EU

Written by Krisztina Binder and Giulio Sabbati (both EPRS), In cooperation with Caterina Francesca Guidi (from GlobalStat | EUI), Australia is one of the most prosperous countries in the Asia-Pacific region. It has a strong and dynamic relationship with the EU, and negotiations for a free trade agreement between Australia and the EU are expected … Continue reading

The OECD Interim Economic Outlook: Stronger collective fiscal policy needed

Written by Cemal Karakas, According to the 2016 Interim Economic Outlook of the Organisation for Economic Co‑operation and Development (OECD), global GDP growth this year is projected to be the slowest in five years. The OECD has lowered its real GDP growth forecast for the euro area for 2016 from 1.8% to 1.4%, and for … Continue reading

Mapping the Cost of Non-Europe, 2014 -19: Third edition (April 2015)

Written by Joseph Dunne On 13 April 2015, the European Parliamentary Research Service published the third edition of its study ‘Mapping the Cost of Non-Europe, 2014-19‘, previously published in March and July 2014. The analysis in the study builds, in large part, on a series of more detailed pieces of work undertaken for individual European Parliamentary Committees by the … Continue reading

At least €990 billion of untapped economic growth potential

Written by Risto Nieminen Why economic growth is important Weak or negative growth curbs EU economy, endangers fiscal sustainability, hampers income levels and increases unemployment and inequality. The EU’s economic recovery remains fragile and subdued. Labour markets have improved only mildly and weak growth has compounded disinflationary trends. The persistence of high structural unemployment has … Continue reading

The economic potential of the ten-point Juncker Plan for growth without debt

This paper offers a series of provisional estimations of the potential gains to the European Union economy over time from pursuing the ten-point plan presented by Jean-Claude Juncker to the European Parliament before he was elected President of the European Commission in July 2014. These guidelines also correspond to a significant degree to policy priorities established by the Members … Continue reading

The €315 billion Investment Plan for Europe

Written by Angelos Delivorias The economic and financial crisis led to a 14% reduction in investment in the EU from the pre-crisis peak of 2007 (€2 606 billion in 2013, compared to €3 039 billion in 2007, in 2013 prices), despite a pressing need for more investment. The European Commission believes that this is due to uncertainty … Continue reading

Single Market in Transport and Tourism: Cost of Non-Europe Report

Single Market in Transport and Tourism : Cost of Non-Europe Report Significant progress has been achieved during the last 20 years in creating a Single Market for Transports. European tourism is and will remain a vital component of the economy, with enormous economic potential. Both sectors suffer however from remaining barriers, gaps and market inefficiencies that create substantial costs … Continue reading

Summary: Panel Discussion on ‘Cost of Non-Europe’ study

Written by Kristina Svobodová and Zsolt Pataki A Panel Discussion on ‘Cost of Non-Europe: A Route to Growth without Debt?’ took place on 10 October in the EPRS Library Reading Room. The main goal was to present and discuss the Mapping the ‘Cost of Non-Europe’, 2014-19 study, focusing on the topic of whether, and to what … Continue reading

Common unemployment insurance scheme for the euro area : Cost of Non-Europe Report

The European Parliament has called for a “social dimension” to the Economic and Monetary Union to tackle unemployment and restore growth following the recent economic crisis. Among various alternative options, automatic stabilisers could potentially be means of stabilising the Eurozone, while at the same time addressing social problems associated with the financial crisis. This Cost … Continue reading

The Cost of Non-Europe in the Single Market (Cecchini revisited)

It is well known that the Single Market has contributed significantly to economic growth and consumer welfare in the European Union. It has not however achieved its full potential and economic gains could be secured by better and more effective application of existing legislation and a deepening of the Single Market. This Cost of Non-Europe … Continue reading

Panel Discussion on ‘Cost of Non-Europe: A Route to Growth without Debt?’

Written by Zsolt Pataki Friday 10 October 2014 from 10.00 to 12.00 hours, Altiero Spinelli Building – EPRS Library Reading Room (ASP 05D) Introduction by Klaus WELLE, Secretary General of the European Parliament Guest Speakers: Fabrizio CORICELLI, Paris School of Economics Dr Thieß PETERSEN, Bertelsmann Stiftung Dr Marius-Cristian FRUNZA, Laboratoire d’Excellence Régulation Financière Moderator: Joe DUNNE, … Continue reading

The Cost of Non-Europe in the Single Market. Part V – Consumer Acquis

Cost of Non-Europe Reports identify the possibilities for economic or other gains and/or the realisation of a ‘public good’ through common action at EU level in specific policy areas and sectors. This Cost of Non-Europe Report seeks to analyse the costs for citizens, businesses and relevant stake-holders of remaining gaps and barriers in the European … Continue reading

The Cost of Non-Europe in the Single Market. Part IV – Public Procurement and Concessions

Cost of Non-Europe Reports identify the possibilities for economic or other gains and/or the realisation of a ‘public good’ through common action at EU level in specific policy areas and sectors. This Cost of Non-Europe Report seeks to analyse the costs for citizens, businesses and relevant stake-holders of remaining gaps and barriers in the European … Continue reading

The Cost of Non-Europe in the Single Market. Part III – Digital Single Market

Cost of Non-Europe Reports identify the possibilities for economic or other gains and/or the realisation of a ‘public good’ through common action at EU level in specific policy areas and sectors. This Cost of Non-Europe Report seeks to analyse the costs for citizens, businesses and relevant stake-holders of remaining gaps and barriers in the European … Continue reading

The Cost of Non-Europe in the Single Market. Part II – Single Market for Services

Cost of Non-Europe Reports identify the possibilities for economic or other gains and/or the realisation of a ‘public good’ through common action at EU level in specific policy areas and sectors. This Cost of Non-Europe Report seeks to analyse the costs for citizens, businesses and relevant stake-holders of remaining gaps and barriers in the European … Continue reading

The Cost of Non-Europe in the Single Market. Part I – Free Movement of Goods

Cost of Non-Europe Reports identify the possibilities for economic or other gains and/or the realisation of a ‘public good’ through common action at EU level in specific policy areas and sectors. This Cost of Non-Europe Report seeks to analyse the costs for citizens, businesses and relevant stake-holders of remaining gaps and barriers in the European … Continue reading

Measuring well-being and progress: Looking beyond GDP

Gross domestic product (GDP), a measure of national economic production, has come to be used as a general measure of well-being and progress in society, and as a key indicator in deciding a wide range of public policies. However GDP does not properly take into account non-economic factors such as social issues and the environment. … Continue reading

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