Golden Growth : Restoring the Lustre of the European Economic Model

Europe's growth will have to be golden in yet another sense. Economic prosperity has brought to Europeans the gift of longer lives, and the continent's population has aged a lot over the last five decades. Over the next five, it will age...

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Bibliographic Details
Main Authors:	Raiser, Martin, Gill, Indermit S.
Format:	Publication
Language:	English
Published:	Washington, DC: World Bank 2012
Subjects:	AVERAGE INCOME BASE YEAR CAPITAL ACCUMULATION CAPITAL INVESTMENTS CD COMMON TRADE POLICY CONVERGENCE HYPOTHESIS CONVERGENCE PROCESS CRITICAL SURVEY CROSS COUNTRY DIFFERENCES IN INCOME ECOLOGY ECONOMIC COMMUNITY ECONOMIC CONVERGENCE ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC REFORM ECONOMIC RESEARCH ECONOMIC WELFARE ECONOMICS EMPIRICAL ANALYSIS EMPIRICAL EVIDENCE EMPIRICAL LITERATURE EMPIRICAL RESEARCH EMPIRICAL STUDIES EMPLOYMENT ENDOGENOUS GROWTH ENVIRONMENTAL PERFORMANCE EXCHANGE RATE EXCHANGE RATE FLUCTUATIONS EXCHANGE RATES EXPLANATORY FACTORS EXTERNALITIES FINANCIAL CRISES FIXED COSTS FOREIGN INVESTMENT FOREIGN TRADE FOREST MANAGEMENT FREE TRADE FREE TRADE AREA GDP GDP PER CAPITA GROSS FIXED CAPITAL FORMATION GROWTH LITERATURE GROWTH MODEL GROWTH MODELS GROWTH PERFORMANCE GROWTH THEORY HUMAN CAPITAL IMPORTING COUNTRY INCOME INCOME CONVERGENCE INCOME DISTRIBUTION INCOME DISTRIBUTION DATA INCOME DISTRIBUTIONS INCOME GAPS INCOME INEQUALITY INCOME LEVELS INCOMES INCREASING RETURNS INDUSTRIALIZED COUNTRIES INFANT INDUSTRY ARGUMENT INTEGRATING AREA INTEREST RATES INTERMEDIATE GOODS INTERNAL TRADE INTERNATIONAL TRADE INTERNATIONAL TRADE POLICY INVESTMENT INFLOWS KNOWLEDGE SPILLOVER LABOR PRODUCTIVITY LABOUR PRODUCTIVITY LEGAL STATUS LONG RUN MACROECONOMIC POLICIES MACROECONOMIC STABILITY MARGINAL PRODUCT MEMBER COUNTRIES MEMBER STATES MONETARY UNION NATIONAL POLICIES NATIONAL] POLICIES NEOCLASSICAL GROWTH NEOCLASSICAL GROWTH MODEL NEOCLASSICAL GROWTH THEORY OPEN ECONOMIES PER CAPITA GROWTH PER CAPITA INCOME POOR COUNTRIES POSITIVE EXTERNALITIES POVERTY REDUCTION PREFERENTIAL TRADING PREFERENTIAL TRADING AGREEMENTS PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC CAPITAL PURCHASING POWER RETURNS TO SCALE RISK PREMIUM STABILIZATION POLICIES STRUCTURAL CHANGE TECHNICAL PROGRESS TECHNOLOGICAL INNOVATION TECHNOLOGY SPILLOVERS TECHNOLOGY TRANSFER TRADE INTEGRATION TRADE LIBERALIZATION TRADE OPENNESS TRADE THEORY TRANSACTION COSTS TRANSITION ECONOMIES TRANSITION PROCESS TRANSPORT COSTS WATER PRICING WEALTH WELFARE EFFECTS WELFARE GAINS EUROPEAN INTEGRATION EUROPEAN UNION CONVERGENCE (ECONOMICS) EUROPEAN UNION MEMBERSHIP STANDARD OF LIVING REGIONAL INTEGRATION TECHNOLOGICAL CHANGE FOREIGN DIRECT INVESTMENTS COMPETITION POLICY REGIONAL POLICY
Online Access:	http://documents.worldbank.org/curated/en/2012/04/16234385/golden-growth-restoring-lustre-european-economic-model http://hdl.handle.net/10986/6016