Living Up to Potential in the Wake of Adverse Shocks
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.
| Main Author: | |
|---|---|
| Format: | Report biblioteca |
| Language: | English en_US |
| Published: |
Washington, DC : World Bank
2022-07-15
|
| Subjects: | GROWTH, DEBT CRISIS, LABOR FORCE, HUMAN CAPITAL, EDUCATION, SOCIAL REFORMS, HOLISTIC APPROACH, CONVERGENCE PROCESS, EURER, |
| Online Access: | http://documents.worldbank.org/curated/en/099010107142211711/P1775970ff5c9b08a08c7002f107a66863b https://hdl.handle.net/10986/37715 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| id |
dig-okr-1098637715 |
|---|---|
| record_format |
koha |
| spelling |
dig-okr-10986377152024-07-17T11:38:36Z Living Up to Potential in the Wake of Adverse Shocks Growth Over the Next Decade (Part 2) World Bank GROWTH DEBT CRISIS LABOR FORCE HUMAN CAPITAL EDUCATION SOCIAL REFORMS HOLISTIC APPROACH CONVERGENCE PROCESS EURER 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 2022-07-15 Report Rapport Informe http://documents.worldbank.org/curated/en/099010107142211711/P1775970ff5c9b08a08c7002f107a66863b https://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 application/pdf text/plain Washington, DC : World Bank |
| institution |
Banco Mundial |
| collection |
DSpace |
| country |
Estados Unidos |
| countrycode |
US |
| component |
Bibliográfico |
| access |
En linea |
| databasecode |
dig-okr |
| tag |
biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
English en_US |
| topic |
GROWTH DEBT CRISIS LABOR FORCE HUMAN CAPITAL EDUCATION SOCIAL REFORMS HOLISTIC APPROACH CONVERGENCE PROCESS EURER GROWTH DEBT CRISIS LABOR FORCE HUMAN CAPITAL EDUCATION SOCIAL REFORMS HOLISTIC APPROACH CONVERGENCE PROCESS EURER |
| spellingShingle |
GROWTH DEBT CRISIS LABOR FORCE HUMAN CAPITAL EDUCATION SOCIAL REFORMS HOLISTIC APPROACH CONVERGENCE PROCESS EURER GROWTH DEBT CRISIS LABOR FORCE HUMAN CAPITAL EDUCATION SOCIAL REFORMS HOLISTIC APPROACH CONVERGENCE PROCESS EURER World Bank Living Up to Potential in the Wake of Adverse Shocks |
| 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 |
| topic_facet |
GROWTH DEBT CRISIS LABOR FORCE HUMAN CAPITAL EDUCATION SOCIAL REFORMS HOLISTIC APPROACH CONVERGENCE PROCESS EURER |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Living Up to Potential in the Wake of Adverse Shocks |
| title_short |
Living Up to Potential in the Wake of Adverse Shocks |
| title_full |
Living Up to Potential in the Wake of Adverse Shocks |
| title_fullStr |
Living Up to Potential in the Wake of Adverse Shocks |
| title_full_unstemmed |
Living Up to Potential in the Wake of Adverse Shocks |
| title_sort |
living up to potential in the wake of adverse shocks |
| publisher |
Washington, DC : World Bank |
| publishDate |
2022-07-15 |
| url |
http://documents.worldbank.org/curated/en/099010107142211711/P1775970ff5c9b08a08c7002f107a66863b https://hdl.handle.net/10986/37715 |
| work_keys_str_mv |
AT worldbank livinguptopotentialinthewakeofadverseshocks AT worldbank growthoverthenextdecadepart2 |
| _version_ |
1806032243342180352 |