EU tools for fostering convergence and resilience by Maarten Verwey

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
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. 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. 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. 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. 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. https://ec.europa.eu/info/departments/structural-reform-
support-service_en
More Information…..
7

8. https://ec.europa.eu/info/funding-
tenders/overview-funding-
programmes/structural-reform-support-
programme-srsp_en
More Information…..
8

9. THANK YOU
9

10. Innovation
Source: Commission Services, 2018 European Innovation Scoreboard. 10

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. 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