The analysis in the report looks at a number of relevant issues including the role of factors other than price to support a country's trade competitiveness, the identification of sectors key to the recent growth record, the contributions of productivity and employment to overall growth, reform policies which can improve competition on markets, the evolution of credit constraints, and the need for well-designed policies on R&D, innovation and education so that the subdued economic environment does not prejudice future European growth.
(European Economy. 8. September 2011.
Brussels. PDF. 305pp. )