OECD Economic Surveys: European Union and Euro Area 2023 PDF Download
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Author: OECD
Publisher: OECD Publishing
ISBN: 9264422412
Category :
Languages : en
Pages : 144
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Book Description
The European recovery has been disrupted since the onset of Russia’s war of aggression against Ukraine. Co-ordinated and timely policy action helped avoid a severe downturn, but the near-term outlook is clouded by uncertainty and downside risks. Monetary and fiscal policy need to become sufficiently restrictive to reduce underlying inflationary pressures durably.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264422412
Category :
Languages : en
Pages : 144
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Book Description
The European recovery has been disrupted since the onset of Russia’s war of aggression against Ukraine. Co-ordinated and timely policy action helped avoid a severe downturn, but the near-term outlook is clouded by uncertainty and downside risks. Monetary and fiscal policy need to become sufficiently restrictive to reduce underlying inflationary pressures durably.
Author: Organisation for Economic Co-operation and Development
Publisher:
ISBN: 9789264493094
Category : European Union countries
Languages : en
Pages : 0
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Book Description
The European recovery has been disrupted since the onset of Russia's war of aggression against Ukraine. Co-ordinated and timely policy action helped avoid a severe downturn, but the near-term outlook is clouded by uncertainty and downside risks. Monetary and fiscal policy need to become sufficiently restrictive to reduce underlying inflationary pressures durably. Fiscal sustainability should be grounded in well-prioritised, efficient public spending and underpinned by improved economic governance. Protecting the level playing field through a strong state aid framework and deepening the Single Market would open opportunities for firms to grow and innovate, facilitating needed structural change. Furthermore, achieving the net-zero target by 2050 requires an acceleration of emission reductions. More action is needed across all sectors, but particularly in sectors not covered by emission trading, notably agriculture, building and transport. Reducing emissions in these sectors will rely on regulatory measures and a gradual alignment and raising of carbon prices. An important element of the green transition is affordable and secure energy, which requires more integrated electricity markets. Deeper capital markets could support the development of new clean technologies. Moreover, improving labour mobility and skills will help to reduce transition costs.SPECIAL FEATURE: ACCELERATING THE GREEN TRANSITION.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264836713
Category :
Languages : en
Pages : 112
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Book Description
The COVID-19 pandemic plunged the EU into its worst-ever recession and risks increasing inequalities, notably between regions. Thanks to a bold and innovative policy response, including a common instrument to finance national recovery plans (Next Generation EU), growth is rebounding, but ambitious reforms will be essential to heal the scars of the pandemic and succeed in the green and digital transitions.
Author: OECD
Publisher: OECD Publishing
ISBN: 9789264127333
Category :
Languages : en
Pages : 100
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Book Description
OECD's Economic Survey of the European Union for 2012 examines recent economic developments, policies and prospects. It also includes special chapters covering the single market and labour market mobility.
Author:
Publisher:
ISBN:
Category : European Union countries
Languages : en
Pages : 156
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Book Description
Author: OECD
Publisher: OECD Publishing
ISBN: 9264523170
Category :
Languages : en
Pages : 98
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Book Description
The COVID-19 pandemic forced most euro area economies into repeated lockdowns in 2020 and early 2021 that lead the euro area into its deepest recession on record. The policy reaction to the crisis was large and rapid. It included, among others, significant monetary and fiscal stimuli, but also an ambitious European plan (“Next Generation EU”) to promote economic recovery financed by joint borrowing.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264750681
Category :
Languages : en
Pages : 107
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Book Description
Poland has successfully managed a large inflow of refugees from Ukraine. Both monetary and fiscal policies should ensure that higher inflation does not become entrenched. Fiscal policy continues to support the economy in managing higher energy prices. Long term fiscal pressures need to be addressed, for instance by broadening the revenue base, improving spending efficiency and raising retirement age.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264470522
Category :
Languages : en
Pages : 136
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Book Description
Spain implemented sizable measures to cushion the impact of the pandemic and of the inflationary shock after Russia’s war of aggression against Ukraine. The economy has held up well, but public debt, which was already high, has increased because of the pandemic, making it urgent to step up the pace of fiscal consolidation.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264735445
Category :
Languages : en
Pages : 143
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Book Description
Croatia has navigated well the COVID-19 crisis and the price shocks following Russia’s war of aggression on Ukraine. It has achieved robust output growth, rising employment and improving well-being, although inflation has surged. Integration into the euro- and Schengen areas at the start of 2023 are testament to progress, and are providing a further fillip to the economy.
Author: OECD. Publishing
Publisher:
ISBN: 9789264219540
Category : Eurozone
Languages : en
Pages : 0
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Book Description
OECD's 2014 Economic Survey of the European Union examines recent economic developments, prospects and policies. A special chapter covers reinvigorating the EU single market.
