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542 - Fiscal Devaluation: Efficiency and Equity - Matthias Burgert, Werner Roeger

542 - Fiscal Devaluation: Efficiency and Equity - Matthias Burgert, Werner Roeger

This paper presents a quantitative model-based assessment of the potential impact of structural reforms in the EU Member States. By comparing structural indicators of labour and product markets, a gap is defined for each indicator relative to the 3 best performers. Scenarios are then simulated in which half the gap vis-à-vis best performance is closed, to avoid setting unrealistic and/or unattainable targets.

Categories: Structural policies, growth and development; Labour markets; Public finances

Series: Economic Papers

 
541 - The potential growth impact of structural reforms in the EU. A benchmarking exercise - Janos Varga, Jan in 't Veld

541 - The potential growth impact of structural reforms in the EU. A benchmarking exercise - Janos Varga, Jan in 't Veld

This paper presents a quantitative model-based assessment of the potential impact of structural reforms in the EU Member States. By comparing structural indicators of labour and product markets, a gap is defined for each indicator relative to the 3 best performers. Scenarios are then simulated in which half the gap vis-à-vis best performance is closed, to avoid setting unrealistic and/or unattainable targets.

Categories: Structural policies, growth and development; Labour markets; Product markets

Series: Economic Papers

 
209 - The Economic Adjustment Programme for Cyprus – Fifth Review Summer 2014

209 - The Economic Adjustment Programme for Cyprus – Fifth Review Summer 2014

The report assesses compliance with the terms and conditions set out in the MoU as agreed at staff level on 2 April 2013 with the Cypriot authorities.

Categories : Structural policies, growth and development; Financial assistance programmes; EU Member State economies; Public finances; Economic crisis

Series : Occasional Papers

 
208 - Post-Programme Surveillance for Portugal. Autumn 2014 Report

208 - Post-Programme Surveillance for Portugal. Autumn 2014 Report

Staff from the European Commission (EC), in liaison with ECB staff, visited Lisbon between 28 October and 4 November under the first post-programme surveillance review. The mission was coordinated with the IMF's post-programme monitoring mission and staff from the European Stability Mechanism (ESM) participated in meetings of relevance to their Early Warning System. This report gives an overview of the main findings of the mission and of the challenges faced by Portugal.

Categories : Financial assistance programmes; EU Member State economies

Series : Occasional Papers

 

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