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EU tools for fostering convergence and resilience

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EU tools for fostering convergence and resilience by Maarten Verwey

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EU tools for fostering convergence and resilience

  1. 1. EU Tools for Fostering Convergence & Resilience Presentation to OECD Workshop Paris Maarten Verwey Director General Structural Reform Support Service 5 February 2019
  2. 2. 2 Convergence I Source: Commission Services, Autumn 2018 Economic Forecast. Note: *GDP numbers have to be treated with caution, given the large offshore financial centres. 0 50 100 150 200 250 300 LU* IE* NL AT DK DE SE BE FI UK FR IT ES PT EL MT* CZ CY SI EE LT SK PL HU LV RO HR BG Gross domestic product at current prices per head of population (PPS; EU-28 = 100) 2017 1995 EU-15 (pre-2004 accession) EU-13 (post-2004 accession)
  3. 3. Convergence II Source: Commission Services, Autumn 2018 Economic Forecast. Note: EU-15 in blue (pre-2004 accession, excluding LU and IE), and in red EU-13 (post-2004 accession). 3 BEBG CZ DK DE EE EL ES FR HR IT CY LV LT HU MT NL AT PL PT RO SI SK FI SE UK 1 2 3 4 5 6 7 0 5 10 15 20 25 AveragePPPGDPgrowth1995-2017 Gross domestic product at current prices per head of population in 1995 (PPS) Convergence across the EU-28, 1995-2017
  4. 4. Resilience Source: Commission Services, Autumn 2018 Economic Forecast. Note: EU-15 in blue (pre-2004 accession), and in red EU-13 (post-2004 accession); *GDP numbers have to be treated with caution, given the large offshore financial centres. 4 -30 -20 -10 0 10 20 30 40 50 60 MT* IE* PL RO SK BG LU* SE CZ LT DE UK HU BE AT NL FR EE DK SI CY ES LV FI PT HR IT EL GDP at constant prices in 2017 (percentage change to the 2007 levels)
  5. 5. Governance Source: World Bank and Commission Services. Note: The Worldwide Governance Indicator is the composite rank of average positions in sic broad institutional dimensions, namely Voice and Accountability, Political Stability and Absence of Violence, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption; EU-15 in blue (pre-2004 accession, excluding LU and IE), and in red EU-13 (post- 2004 accession). 5 BE DK DE EL ES FR IT NL AT PT FI SE UK BG CZ EE HR CY LV LT HU MT PL RO SI SK 50 55 60 65 70 75 80 85 90 95 100 50 60 70 80 90 100 110 120 130 WorldwideGovernanceIndicator PPP GDP per capita relative to EU-28 GDP per capita and governance in 2017
  6. 6. European Commission support for structural reforms • July 2015: The Commission establishes the Structural Reform Support Service (SRSS) • May 2017: The Council adopts the regulation on the Structural Reform Support Programme (SRSP) • May 2018: For the next long-term EU budget 2021-2027, the Commission proposes to set up a Reform Support Programme (RSP) 6
  7. 7. https://ec.europa.eu/info/departments/structural-reform- support-service_en More Information….. 7
  8. 8. https://ec.europa.eu/info/funding- tenders/overview-funding- programmes/structural-reform-support- programme-srsp_en More Information….. 8
  9. 9. THANK YOU 9
  10. 10. Innovation Source: Commission Services, 2018 European Innovation Scoreboard. 10
  11. 11. 11 Source: OECD (PISA Database 2015-2016) and Commission Services (Autumn 2018 Economic Forecast). Note: EU-15 in blue (pre-2004 accession, excluding LU and IE), and in red EU-13 (post-2004 accession). EE FI SI DE NLDKPL BE UK PT FR SE AT ESCZ LV IT HR LT HU MTSK EL BG CYRO 430 440 450 460 470 480 490 500 510 520 530 40 50 60 70 80 90 100 110 120 130 AveragescoreofPISAmathematics,scienceandreading PPP GDP per capita relative to EU-28 GDP per capita and PISA score in 2015
  12. 12. PISA 380 400 420 440 460 480 500 520 540 EE FI IE SI DE NL DK PL BE UK PT FR SE AT ES CZ LV IT LU HR LT HU MT SK EL BG CY RO Average Score of PISA Mathematics, Science and Reading in 2015 Source: OECD, PISA Database 2015-2016. 11

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