European union : 2016 / OECD.

Format:

Book

Contributor:

Organisation for Economic Co-operation and Development, contributor.

Series:

OECD Economic surveys (Series)

OECD Economic Surveys

Language:

English

Subjects (All):

Economic history.

European Union--Economic conditions.

European Union.

Physical Description:

1 online resource (86 pages).

Edition:

2016th ed.

Place of Publication:

Paris : OECD Publishing, [2016]

Summary:

Special Feature: Priorities for completing the Single Market.

Contents:

Intro

Table of contents

Basic statistics of the European Union 2015

Abbreviations and acronyms

Executive summary

Diversifying sources of financing would strengthen investment and help sustain the recovery

Corporate loans and bonds

Deepening the Single Market and supporting green growth through reforms in network sectors

Energy, transport and communication regulation

Co-ordinated response for better labour market mobility and effective integration of legal migrants

First time asylum applications in the EU

Main Findings and Key Recommendations

Assessment and recommendations

Challenges facing Europe

Figure 1. GDP growth and long-term interest rate spreads

Figure 2. Eurobarometer: Public opinion of the European Union

Figure 3. Unemployment dispersion in the European Union

Figure 4. Investment is still far below 2007 levels

Figure 5. Well-being outcomes1

Fostering recovery and rebalancing

Figure 6. Activity has gradually recovered but sharp cross-country divergence remains

Figure 7. Debt of non-financial corporations in the European Union1

Figure 8. Indicators of external balance

Figure 9. Export performance and competitiveness

Figure 10. Developments in unemployment and poverty

Table 1. Macroeconomic indicators and projections

The refugee crisis

Figure 11. Asylum applications in EU countries

Figure 12. Employment rates of foreign-born population

The state of the Single Market

Figure 13. Aggregate price level convergence

Figure 14. Cross-border positions of euro area monetary financial institutions

Figure 15. Annual cross-border mobility

Capital mobility-enhancing policies

Figure 16. Bank and capital market financing of enterprises

Labour mobility-enhancing policies

Figure 17. Immigration and emigration flows between EU countries.

Regulatory and horizontal policies to support potential growth

Regulatory quality enhancing policies

Regulatory co-operation in regional trade agreements

Key service sector policies to lift growth

Services liberalisation

Figure 18. Services trade restrictiveness index

The Digital Single Market

Figure 19. Internet purchases by individuals

The Energy Union and Circular Economy

Figure 20. Electricity prices for industry

Figure 21. EU emission allowances price

Transportation

Figure 22. Services trade restrictiveness in transport

Bibliography

Annex. Progress in structural reform

Thematic chapter

Chapter1. Priorities for completing the single market

Priorities and sequencing of reforms at the current juncture

How far is the Single Market from a single market?

Figure 1.1. Inter-state trade in manufactured goods

Figure 1.2. Intra-EU trade in services

Figure 1.3. Aggregate price level convergence

Figure 1.4. Product market regulation indicator

Figure 1.5. Regulation in professional services and network sectors

Figure 1.6. Dispersion of nominal interest rates

Figure 1.7. Cross-border positions of euro area monetary financial institutions

Figure 1.8. Labour market fragmentation

What reforms at the current juncture?

Figure 1.9. Gross domestic product per capita

Figure 1.10. Labour utilisation and productivity

Figure 1.11. The pace of reforms has slowed

Structural reforms to facilitate the recovery

Figure 1.12. Bank and capital market financing of enterprises

Figure 1.13. Asset-backed securities used in refinancing operations with the ECB

Figure 1.14. Stock of migrant population within the European Union

Figure 1.15. Immigration and emigration flows between EU countries.

Figure 1.16. Recognition of professional qualifications

Figure 1.17. Long-term residency permits

Horizontal policies to boost potential living standards

Better Regulation

Figure 1.18. Internal market scoreboard indicators

Key sectoral policies to lift potential growth

Figure 1.19. Services trade restrictiveness index

Digital Single Market

Figure 1.20. Information, communication and technology (ICT) capital stock

The Energy Union

Figure 1.21. Electricity prices for industry

Recommendations on priorities for completing the Single Market

Annex 1.A1. Quantification of the impact of recommended structural reforms

Table 1.A1.1. List of quantified key recommendations

Table 1.A1.2. Reduction in the product market regulation (PMR) indicator1

Box 1.A1.1. Literature on the quantification of EU structural reforms

Table 1.A1.3. Five-year impact on GDP1

Table 1.A1.4. Ten year impact on GDP1

Notes

Bibliography.

Notes:

Description based on print version record.

ISBN:

92-64-25628-8

OCLC:

1024237729