EU Regular Economic Report 8 : Living Up to Potential in the Wake of Adverse Shocks : Part 2 - Growth Over the Next Decade
This report discusses long-term growth prospects in four EU countries — Bulgaria, Croatia, Poland and Romania. It brings together the key anticipated structural trends in the EU over the next decade to construct a baseline for potential growth by 2...
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| Format: | Report |
| Language: | English en_US |
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Washington, DC : World Bank
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099010107142211711/P1775970ff5c9b08a08c7002f107a66863b http://hdl.handle.net/10986/37715 |
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okr-10986-377152022-07-16T05:10:35Z EU Regular Economic Report 8 : Living Up to Potential in the Wake of Adverse Shocks : Part 2 - Growth Over the Next Decade World Bank GROWTH DEBT CRISIS LABOR FORCE HUMAN CAPITAL EDUCATION SOCIAL REFORMS HOLISTIC APPROACH CONVERGENCE PROCESS This report discusses long-term growth prospects in four EU countries — Bulgaria, Croatia, Poland and Romania. It brings together the key anticipated structural trends in the EU over the next decade to construct a baseline for potential growth by 2030. Thereafter, it quantifies the impact of policy reform scenarios on potential growth. These reforms have been selected based on the most pressing needs for longer-term growth in the four focus countries, national targets and plans—with modeling constraints also a key consideration. These reforms include: (i) boosting labor force participation to counter the effects of an ageing population; (ii) increasing the average years of education; (iii) improving EU fund absorption rate to enhance investments; (iv) increasing the index of institutional quality to demonstrate the impact of strengthening institutions; and (v) increasing research and development (R&D) spending to accelerate the digital transition. The report also quantifies the combined impact of these reforms and their effect on the convergence process. 2022-07-15T21:08:45Z 2022-07-15T21:08:45Z 2022 Report http://documents.worldbank.org/curated/en/099010107142211711/P1775970ff5c9b08a08c7002f107a66863b http://hdl.handle.net/10986/37715 English en_US EU Regular Economic Report;No.8 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC : World Bank Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling Europe |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
GROWTH DEBT CRISIS LABOR FORCE HUMAN CAPITAL EDUCATION SOCIAL REFORMS HOLISTIC APPROACH CONVERGENCE PROCESS |
| spellingShingle |
GROWTH DEBT CRISIS LABOR FORCE HUMAN CAPITAL EDUCATION SOCIAL REFORMS HOLISTIC APPROACH CONVERGENCE PROCESS World Bank EU Regular Economic Report 8 : Living Up to Potential in the Wake of Adverse Shocks : Part 2 - Growth Over the Next Decade |
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Europe |
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EU Regular Economic Report;No.8 |
| description |
This report discusses long-term
growth prospects in four EU countries — Bulgaria, Croatia,
Poland and Romania. It brings together the key anticipated
structural trends in the EU over the next decade to
construct a baseline for potential growth by 2030.
Thereafter, it quantifies the impact of policy reform
scenarios on potential growth. These reforms have been
selected based on the most pressing needs for longer-term
growth in the four focus countries, national targets and
plans—with modeling constraints also a key consideration.
These reforms include: (i) boosting labor force
participation to counter the effects of an ageing
population; (ii) increasing the average years of education;
(iii) improving EU fund absorption rate to enhance
investments; (iv) increasing the index of institutional
quality to demonstrate the impact of strengthening
institutions; and (v) increasing research and development
(R&D) spending to accelerate the digital transition. The
report also quantifies the combined impact of these reforms
and their effect on the convergence process. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
EU Regular Economic Report 8 : Living Up to Potential in the Wake of Adverse Shocks : Part 2 - Growth Over the Next Decade |
| title_short |
EU Regular Economic Report 8 : Living Up to Potential in the Wake of Adverse Shocks : Part 2 - Growth Over the Next Decade |
| title_full |
EU Regular Economic Report 8 : Living Up to Potential in the Wake of Adverse Shocks : Part 2 - Growth Over the Next Decade |
| title_fullStr |
EU Regular Economic Report 8 : Living Up to Potential in the Wake of Adverse Shocks : Part 2 - Growth Over the Next Decade |
| title_full_unstemmed |
EU Regular Economic Report 8 : Living Up to Potential in the Wake of Adverse Shocks : Part 2 - Growth Over the Next Decade |
| title_sort |
eu regular economic report 8 : living up to potential in the wake of adverse shocks : part 2 - growth over the next decade |
| publisher |
Washington, DC : World Bank |
| publishDate |
2022 |
| url |
http://documents.worldbank.org/curated/en/099010107142211711/P1775970ff5c9b08a08c7002f107a66863b http://hdl.handle.net/10986/37715 |
| _version_ |
1764487721737256960 |