European Union


  • 15-December-2010

    English

    Improving fiscal performance through fiscal councils

    There is growing interest in the role of independent fiscal institutions, or fiscal councils, in helping to improve fiscal performance.

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  • 15-December-2010

    English

    Resolving and avoiding unsustainable imbalances in the euro area

    Some euro area countries accumulated large and persistent external imbalances during the upswing, revealing important weaknesses in the macroeconomic management of the monetary union.

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  • 15-December-2010

    English

    Minimising risks from imbalances in European banking

    The euro area financial system took excessive risks during the global credit boom, which in some countries led to an unsustainable increase in credit, higher asset prices and housing booms.

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  • 15-December-2010

    English

    International financial integration and the external positions of euro area countries

    This paper describes the dynamics of the external positions of euro area countries since the formation of EMU.

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  • 22-July-2010

    English

    European Union: Catching up and inflation: Balassa-Samuelson, Engel’s law and other culprits

    This study analyses the impact of economic catching up on annual inflation rates in the European Union with a special focus on the new member countries of Central and Eastern Europe.

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  • 5-July-2010

    English

    Gauging the impact of higher capital and oil costs on potential output

    Higher oil prices and the prospect of higher borrowing costs are likely to reduce the productive potential of OECD economies. The present study provides illustrative numerical estimates of the impact under different scenarios using a stylised model based on a production function.

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  • 9-June-2010

    English

    European energy policy and the transition to a low–carbon economy

    European energy policy faces a number of interrelated challenges, including making the transition to a low–carbon economy, increasing cross–border competition in electricity and gas markets and diversifying Europe’s energy supply.

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  • 10-March-2010

    English, , 117kb

  • 26-October-2009

    English, , 20kb

    European Union - external links to macroeconomic reports and data

    External links to: recent economic data; current interest rates and exchange rates; latest macroeconomic reports; current outlook and projections; government budget information; speeches; relevant sites.

  • 27-April-2009

    English

    Structural reforms and the benefits of the enlarged EU internal market: Much achieved and much to do

    High expectations surrounded the two waves of eastward EU enlargement in 2004 and 2007, with the extension of the EU Internal Market being expected to deliver a substantial boost to economic growth in new and old member States alike.

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