Euro Area Policies: Selected Issues

August 3, 2004

Preview Citation

Format: Chicago

Euro Area Policies: Selected Issues, (USA: International Monetary Fund, 2004) accessed December 26, 2024

Summary

This Selected Issues paper on Euro Area Policies underlies global rebalancing of accounts. From a growth-accounting perspective, slower growth in the capital-labor ratio seems to be the main driver behind the deceleration in labor productivity. The increase in bilateral trade was accompanied by a large bilateral EU trade deficit. China’s market share seems to have increased mainly at the expense of other East Asian countries. EU trade with China increased at more than twice the rate of total EU external trade, and China became the EU’s second largest trading partner.

Subject: Capital productivity, Labor, Labor productivity, Production, Productivity, Total factor productivity

Keywords: Capital productivity, China, Commitment country, CR, East Asia, Eastern Europe, EU country, EU imports, Euro, Euro area, Europe, Exchange rate, Global, ISCR, Labor productivity, Productivity, Productivity growth, Total factor productivity

Publication Details

Pages:

156
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/235
Stock No:

1EUREA0022004
ISBN:

9781451812954
ISSN:

1934-7685

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