economic growth

This tag is associated with 26 posts

EPRS hosts debate on OECD’s flagship report on growth on 4 March 2015

Written by Marcin Cesluk-Grajewski Each year, the Organisation for Economic Co-operation and Development (OECD), a group of 34 major economies, publishes its Going for Growth report recommending reforms to bolster economic growth and create jobs. This is a flagship publication for the Paris-based organisation released early in the year at meetings of G-20 Finance Ministers … Continue reading

Economic growth in the euro area [What Think Tanks are thinking]

Written by Marcin Cesluk-Grajewski The European Commission upgraded its growth forecast for the euro area on 5 February, saying that cheaper oil, a weaker euro and more expansionary policy of the European Central Bank should stimulate economic expansion. Presenting its winter forecast , the Commission said it expected the euro area’s gross domestic product (GDP) … 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

Africa in focus: rethinking the EU partnership

EU Foreign Affairs are focused this first week of April by the EU-Africa Summit (2-3/04) bringing African and EU leaders together in Brussels. A dynamic player in this partnership, the European Parliament hosts the third Parliamentary Summit with the Pan-African Parliament (31/03-1/04). On this occasion, we offer some of our insights on Africa, drawing a mixed … Continue reading

Selected indicators on the economic impact of the crisis

From average annual growth of 2.9 percentage points (pp) during the 2005-08 period, the recession brought average EU28 annual GDP growth down to 0.1pp in the years 2009-12. The drop was also significant for other global players, with growth slowing down in all major economies. The debt to GDP ratio increased in all European Union Member States, leading to the revision of the Excessive Deficit Procedure. … Continue reading

Entry and residence of third-country nationals for research and study purposes

The European Union faces major structural and demographic challenges. To maintain its position as world-leading economy, the EU needs to attract more skilled labour. Students from third countries are an important source of skilled workers, while the EU has a shortage of the researchers and innovators desperately required if the Union is to meet its … Continue reading

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