selection

economic growth

This tag is associated with 26 posts

Economic impacts of artificial intelligence (AI) [Policy Podcast]

Artificial intelligence plays an increasingly important role in our lives and economy and is already having an impact on our world in many different ways. Worldwide competition to reap its benefits is fierce, and global leaders – the US and Asia – have emerged on the scene. Continue reading

Minimum loss coverage for non-performing loans [EU Legislation in Progress]

The recessions resulting from the financial crisis that broke out at the end of the last decade have caused economic difficulties for more and more EU companies and citizens in recent years, leaving them unable to repay their loans. Continue reading

Credit servicers, credit purchasers and the recovery of collateral: Fostering secondary markets for non-performing loans (NPLs) and easing collateral recovery [EU Legislation in Progress]

Due to the recessions brought about by the financial crisis from the end of the past decade, more and more EU companies and citizens have faced economic difficulties in recent years and have been unable to repay their loans. Continue reading

EU-Singapore trade and investment deals pass major milestone [International Agreements in Progress]

Following the signature of the EU-Singapore trade and investment agreements on 19 October 2018, the European Parliament gave its consent on 13 February 2019 to conclude both agreements. Continue reading

Adapting to new digital realities: Main issues and policy responses

Digital technologies have changed the way we live and transformed the world around us at unprecedented speed. They have affected all important aspects of life, both at work and at home, and have influenced almost everything from human relations to the economy, to the extent that access to the internet has now become a basic human right recognised by the United Nations. Continue reading

Free movement of goods within the EU single market

The free movement of goods is one of the four fundamental freedoms of the EU – together with services, capital and people – and a cornerstone of the single market. Continue reading

Social Summit on jobs and growth for a stronger social Europe

The Gothenburg Social Summit (17 November 2017) is an important milestone in the ongoing discussions on the future of Europe. Continue reading

New technologies and regional policy: Towards the next cohesion policy framework

The workshop and in-depth report implement a STOA project aimed at highlighting the importance of the territorial dimension for economic growth at European level. Continue reading

Outlook for the European Council meeting on 22-23 June 2017 and the European Council (Article 50) meeting on 22 June 2017

Written by Susanna Tenhunen and Suzana Anghel, At their meeting on 22-23 June 2017, EU leaders will focus on internal security, including, most probably, the fight against terrorism, as well as external security, when they will assess progress made in European defence cooperation. They will also review progress on deepening and modernising the Single Market, … Continue reading

Structural reform support programme 2017-2020 [EU Legislation in Progress]

Written by Agnieszka Widuto (4th edition), Structural reforms have been identified as crucial to accelerating economic recovery, boosting growth and reducing unemployment. In November 2015, the European Commission proposed to establish the Structural Reform Support Programme 2017-2020, to provide Member States with technical assistance in designing and implementing structural reforms. The proposed budget is €142.8 million, … Continue reading

Major challenges for EU tourism and policy responses [Policy Podcast]

Written by Vasilis Margaras, Constituting the third-largest economic activity in the EU, tourism is of considerable importance as a source of economic growth, regional development and employment. Although it has been badly affected by the economic crisis in the past years, tourism has proved resilient, as witnessed by the growing number of visitors to the … Continue reading

India’s economy – Figures and perceptions

Written by Enrico D’Ambrogio, India has recently overtaken China as the world’s fastest growing economy. The country has benefited from falling oil prices and from an increase in foreign direct investment, due to Prime Minister Narendra Modi’s policies, with the most visible tools branded schemes such as ‘Make in India’. However, perceptions of real growth and … Continue reading

Secular stagnation and the euro area

Written by Gustaf Gimdal and Cemal Karakas Graphics by Christian Dietrich Several years after the Great Recession began, the euro area is still far from fully recovered. The international economic and financial crisis has pushed down investment levels within the EU by about 15% from their peak in 2007. Even though the near-term prospects seem … Continue reading

Delivering the full benefits of ICT to the developing world

Written by Gianluca Quaglio and Liliana Cunha, Over recent years, there have been increasing opportunities for inhabitants of low and middle-income countries (LMICs) to use information and communication technologies (ICT). ICT can potentially help LMICs tackle a wide range of health, social and economic problems. By improving access to information and enabling communication, ICT can … Continue reading

Africa’s economic growth: Taking off or slowing down?

Written by Ionel Zamfir Over the past 15 years, most countries in Africa experienced sustained economic growth, with growth rates often exceeding 5% per year. This has inspired much optimism about the region’s prospects to finally leave poverty and under-development behind. However, the general economic context is now turning less favourable, with growth slowing down, … Continue reading

Economic challenges and prospects of the refugee influx

Written by Cemal Karakas The current refugee influx represents the largest population movement in Europe since World War II. Its size and complexity make it difficult to draw conclusions on the economic challenges and prospects valid for each Member State of the European Union (EU). Many experts agree that, in the short term, the refugee … Continue reading

Better Life Index

Written by Marcin Grajewski There’s more to life than GDP – debate on OECD’s Better Life Index Is life really getting better? How can we tell? What are the key ingredients to improving our lives – is it better education, environment, healthcare, housing or working hours? Does progress mean the same thing to all people, … Continue reading

The minimum wage: A motor for growth or a brake on the economy?

Written by Cemal Karakas Setting minimum wages are a direct way for governments to influence wage levels. Even though they are one of the most analysed and debated topics in economics, their impact on (un-)employment, growth and poverty remains ambiguous. For some experts, the rise of minimum wages will lead to job losses, as it … Continue reading

Welfare systems and labour markets [What Think Tanks are thinking]

Written by Marcin Grajewski The welfare systems and labour markets of EU member states have been under severe stress during the recent recession which has seen high unemployment and increased poverty rates. In response, many countries have launched structural reforms in these areas in an attempt to promote economic growth and reduce the persistently high … Continue reading

Juncker’s investment plan [What Think Tanks are thinking]

Written by Marcin Grajewski The European Union is moving closer to creating a new investment fund, a flagship idea of European Commission President Jean-Claude Juncker aimed at bolstering economic growth and creating jobs.  On 10 March, EU finance ministers gave an initial go-ahead for the planned financial facility, called the European Fund for Strategic Investment … Continue reading

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