The 2016 OECD Economic Survey of the European Union and Euro Area finds that while macroeconomic policies have become more supportive, demand remains weak and unemployment is very high. It recommends that countries with fiscal space boost growth through budget support, and that monetary policy stay accommodative. It also suggests speeding up the resolution of non-performing loans, promoting non-bank financing, increasing public investment, reducing regulatory burdens, and enhancing labor mobility through increased recognition of qualifications and portability of pensions. Structural reforms across these areas could significantly increase EU GDP.
Italy is recovering after a deep and long
recession. Structural reforms, accommodative
monetary and fiscal conditions, and low
commodity prices have helped the economy to turn
the corner.
Italy is recovering after a deep and long
recession. Structural reforms, accommodative
monetary and fiscal conditions, and low
commodity prices have helped the economy to turn
the corner.
Will risks-derail-the-modest-recovery-oecd-interim-economic-outlook-march-2017OECD, Economics Department
Global GDP growth is projected to pick up modestly to around 3½ per cent in 2018, from just under 3% in 2016, boosted by fiscal initiatives in the major economies. The forecast is broadly unchanged since November 2016. Confidence has improved, but consumption, investment, trade and productivity are far from strong, with growth slow by past norms and higher inequality.
A presentation of the main findings and recommendations of the OECD Economic Survey of Spain 2014 launched 8 September 2014 in Madrid, Spain.
Structural reforms (labour market, banking, fiscal) have put the economy on the road to recovery.
Portugal has undertaken an ambitious structural reform programme since 2011. Reforms have spanned across a wide range of policy areas, product markets, labour markets, taxes, regulations and the public sector.
Will risks-derail-the-modest-recovery-oecd-interim-economic-outlook-march-2017OECD, Economics Department
Global GDP growth is projected to pick up modestly to around 3½ per cent in 2018, from just under 3% in 2016, boosted by fiscal initiatives in the major economies. The forecast is broadly unchanged since November 2016. Confidence has improved, but consumption, investment, trade and productivity are far from strong, with growth slow by past norms and higher inequality.
A presentation of the main findings and recommendations of the OECD Economic Survey of Spain 2014 launched 8 September 2014 in Madrid, Spain.
Structural reforms (labour market, banking, fiscal) have put the economy on the road to recovery.
Portugal has undertaken an ambitious structural reform programme since 2011. Reforms have spanned across a wide range of policy areas, product markets, labour markets, taxes, regulations and the public sector.
Portugal assumiu um ambicioso programa de reformas estruturais desde 2011. As reformas estenderam-se a um amplo leque de áreas, tais como os mercados de produtos,
mercados de trabalho, impostos, regulamentação e setor público.
Strengthening Cohesion in the EU: the role of Structural Reforms.Robin Huguenot-Noël
Today, we published a new EPC study commissioned by the European Parliament on 'Strengthening Cohesion in the EU: How can Structural Reforms contribute?".
The presentation provides a comprehensive summary of our main findings. The full study (including the Executive Summary) is available at the following link: www.epc.eu/pub_details.php?cat_id=17&pub_id=8772
Europe Telemedicine Market Analysis Sample ReportInsights10
The EU telemedicine market is projected to grow $11.55 Bn in 2022 to $40.39 Bn in 2030 with a CAGR of 16.94% for the year 2022-2030. Increasing remote patient monitoring and technological innovations are major market drivers for the market in Europe. The market is segmented by type, clinical service, mode of delivery, and by region. To get a detailed report, contact us at - info@insights10.com
This seminar, hosted jointly by the British Embassy and Afi School of Finance, was aimed at companies seeking alternative financing, as well as investors looking for new investment opportunities. It was also of interest to government officials and regulators.
2017 European Goodwill Impairment StudyDuff & Phelps
Now in its fifth edition, the 2017 European Goodwill Impairment Study (2017 Study) continues to examine general goodwill impairment trends across countries and industries within the European market.
Learn about the latest policy developments with this monthly alert from our team in Brussels.
For real-time updates, follow us on Twitter: @MSL_Brussels
The financial crisis of 2007-2009 led to a renewed increase in government deficits and debts in many EU countries, causing a full-fledged fiscal crisis in Greece and severe fiscal pressures in other euro-area countries. This has prompted a series of proposals for improving the fiscal framework of the European Monetary Union, the Excessive Deficit Procedure and the Stability and Growth Pact. The first part of this paper reviews the main properties and developments of that framework until 2007. On that basis, it discusses the recent proposals for reform, which range from marginal improvements of the existing framework to the introduction of an explicit framework for managing fiscal crises in the member states, and the expansion of the scope of policy coordination to address macro economic imbalances and the competitiveness of the member states. We find the proposal of a mechanism for dealing with government default most useful. Attempts to suppress current account imbalances and to target national competitiveness positions would most likely result in serious economic losses and do damage to the internal market of the EU. This would increase the wedge between members and non-members of the euro area.
Authored by: Jurgen von Hagen
Published in 2010
Similar to Euro area-european-union-enhancing-european-cooperation-oecd-economic-survey-2016 (20)
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
Euro area-european-union-enhancing-european-cooperation-oecd-economic-survey-2016
1. 2016 OECD ECONOMIC SURVEYS
EUROPEAN UNION & EURO AREA
Enhancing European cooperation
Paris, 10 June
@OECD
@OECDeconomy
http://www.oecd.org/eco/surveys/economic-survey-european-union-and-euro-area.htm
2. • Macro policies have become more supportive,
but demand is still weak and unemployment
very high.
• Inflation remains well below 2%.
• Financing for firms remains a problem in
several countries.
• Investment is still well below pre-crisis levels.
• Barriers to intra-EU labour mobility remain
high.
2
Main findings
3. • Countries with fiscal space should use budgetary
support to raise growth.
• Commit to keep monetary policy accommodative until
inflation is clearly rising to near the target.
• Speed up the resolution of non-performing loans and
complete banking union. Promote non-bank financing.
• Increase targeted public support to investment.
Prioritise Trans-European networks.
• Reduce administrative burdens and regulatory
barriers in the services sector.
• Speed up recognition of professional qualifications
and legislate effective portability of pension rights.
3
Main recommendations
4. • Broad reforms in tax structure, R&D expenditure, active labour
market policies and PMR could increase EU GDP by 6% in 10 years
(Varga and in’t Veld, 2014)*
• Sectoral reforms are also important:
– Single market in services would increase EU GDP by 2.6%, with only 0.9%
reaped so far (Monteagudo et al., 2012; EU Commission, 2015)
– Digital single market reforms that are in place could raise EU GDP by 1%,
while planned reforms could add another 3% of EU GDP (Lorenzani and Varga,
2014). Civic Consulting (2011) and European Parliament (2014) find similar
gains of 1 to 2% of EU GDP.
– External trade agreements could also increase EU GDP, by an amount
depending on the trading partner: 0.1% in the case of Canada, 0.3% in the case of
Japan and 0.5% in the case of the US.
* For references see the bibliography of Annex 1.A.1. in OECD (2016), OECD Economic Surveys: European Union 2016.
4
GDP gains from EU structural reforms can be
large
5. 5
Losses from fragmentation can be large, too
Source: R. Kierzenkowski et al. (2016), “The economic consequences of Brexit: A taxing decision”, OECD Economic Policy Papers, No. 16.
Brexit is a large negative shock, which would spill over to the EU
EU GDP would decline by 1% in 2018 and still be almost 1%
lower in 2023 than without Brexit
6. 6
Growth has picked up only gradually
1. European Union member countries that are also members of the OECD (21 countries).
Source: OECD (2016), OECD Economic Outlook: Statistics and Projections (database).
7. 7
Tensions in financial markets have
receded
1. Ten-year government bond yields relative to the German rate.
Source: OECD (2016), Main Economic Indicators (database).
8. 8
Unemployment is still high
1. European Union member countries that are also members of the OECD (21 countries).
2. Unweighted average.
Source: OECD (2016), OECD Economic Outlook: Statistics and Projections (database).
9. 9
Investment is weak
1. European Union member countries that are also members of the OECD (21 countries).
Source: OECD (2016), OECD Economic Outlook: Statistics and Projections (database).
11. Countries with fiscal space should use budgetary support to raise
growth.
Ensure that the application of the debt reduction rule of the Stability
and Growth Pact does not threaten the recovery.
11
Demand is still weak
Source: Eurostat (2016), “Government deficit and debt”, Eurostat Database.
12. Commit to keep monetary policy accommodative until
inflation is clearly rising to near the target.
12
Inflation remains well below 2%
Source: Eurostat (2016), “Harmonised indices of consumer prices”, Eurostat Database.
-1.0
-0.5
0.0
0.5
1.0
1.5
2.0
2.5
3.0
-1.0
-0.5
0.0
0.5
1.0
1.5
2.0
2.5
3.0
2012 2013 2014 2015 2016
Y-o-y % changeY-o-y % change
Euro area consumer prices
Total Core (excluding energy, food, alcohol and tobacco)
14. When NPLs create a serious economic disturbance, facilitate their resolution by waiving
some of the requirements of state aid rules, such as triggering bail-in obligations.
Consider setting up asset management companies, possibly at the European level.
Take supervisory measures (e.g. capital surcharges) to encourage banks to resolve NPLs.
14
NPLs are still very high in some countries,
which hampers credit
Non-performing loans (NPLs)1
1. Gross non-performing debt instruments as a percentage of total gross debt instruments. 2015 is an average of the first three quarters.
Source: ECB (2016), “Monetary and financial statistics”, Statistical Data Warehouse, European Central Bank.
15. Collect and share internationally comparable credit information on
smaller firms
Ease the regulatory treatment of simple, transparent and
standardised securitisation to unlock lending to SMEs
Lower the regulatory barriers in corporate bond markets
15
Finance is largely bank-based
Source: Eurostat, European Central Bank, US Bureau of Economic Analysis, Board of Governors of the Federal Reserve System, and Securities
Industry and Financial Markets Association.
16. Complete banking union by:
Implementing a European Deposit Insurance Scheme
Creating a common fiscal backstop to the Single Resolution Fund
Further harmonising banking regulation in Europe
16
During the crisis, financial markets
became fragmented along national lines
Interest rates on loans for non-financial corporations1
1. New business loans of up to and including EUR 100 million with an initial rate fixation period of less than one year. Loans other than revolving
loans and overdrafts, convenience and extended credit card debt.
Source: ECB (2016), “MFI interest rate statistics”, Statistical Data Warehouse, European Central Bank.
18. Increase targeted public support to investment
Further upgrade national budgetary frameworks
Adopt national expenditure rules and conduct spending reviews linked
to budget preparation
Ensure that national independent fiscal institutions have resources to
fulfil their mandate 18
Public investment has taken deep cuts
1. Consolidation episodes considered are those starting in 2009 or later.
Source: See Figure 21 of OECD (2016), OECD Economic Surveys: Euro area 2016 for further details and source information.
19. Reduce administrative burdens and regulatory barriers in the
services sector
Improve the quality of impact assessment of legislative proposals
and the quality of ex post evaluation of policies
19
Regulatory burdens are high in much of Europe
1. European Union member countries that are also members of the OECD (21 countries).
Source: OECD (2015), ”Sectoral regulation”, OECD Product Market Regulation Statistics (database).
20. Prioritise the Trans-European transport and energy network
projects
Take advantage of the guarantees under the Juncker Plan to
finance higher-risk projects
20
Network sectors are fragmented
1. 2014 for Germany, Greece, Netherlands and United Kingdom. Aggregates are unweighted averages of latest data available. The European Union
covers member countries that are also members of the OECD (21 countries) excluding Spain (no data available) and the OECD covers 29 countries.
Source: IEA (2016), IEA Energy Prices and Taxes Statistics and OECD (2016), OECD Economic Outlook: Statistics and Projections (databases).
21. Harmonise national regulations and technical specifications in
network sectors, with the target of transferring decision powers in
technical matters to a single EU regulator.
21
Competition in network sectors is uneven
1. European Union 28 countries.
Source: OECD (2015), OECD Product Market Regulation Statistics (database).
23. 23
Labour market mobility is low
Increase portability of supplementary pension schemes and social
benefits
Simplify the eligibility requirements and procedures for the Blue
Card scheme
1. Population mobility for Australia, Canada and the United States; labour mobility for the European Union.
2. NUTS: Nomenclature of territorial units for statistics.
Source: Eurostat, Australian Bureau of Statistics, Statistics Canada and US Census Bureau.
24. Use electronic procedures to reduce administrative burdens for recognition
of professional qualifications
Use electronic services passports to reduce administrative burdens for
service providers and regulatory barriers in the services sector
24
The recognition of professional qualifications
is still a challenge
1. Within European Union applications only. The European Union aggregate is an unweighted average of data for the 28 member countries.
Source: European Commission (2016), Regulated Professions Database, http://ec.europa.eu/growth/tools-databases/regprof (accessed on 11 May).
25. Strengthen joint protection of external borders
Speed up administrative decisions on asylum applications and
ease labour market access for recognised refugees
25
Asylum applications have surged
1. Resident population at 1 January.
2. 2014 only for Austria, 2012-14 for Finland and 2013-14 for Hungary.
3. European Union 28 countries.
Source: Eurostat (2016), “Asylum and managed migration” and “Demography and migration”, Eurostat Database.
26. 26
For more information
Disclaimers:
The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data
by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank
under the terms of international law.
This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the
delimitation of international frontiers and boundaries and to the name of any territory, city or area.
http://www.oecd.org/eco/surveys/economic-survey-european-union-and-euro-area.htm