Friday, March 24, 2006

 
EU ECONOMY WATCH. THE LISBON AGENDA SCOREBOARD
. Aurore Wanlin. THE LISBON SCORECARD VI: Will Europe's economy rise again? London: Center for European Reform, 2006

In this Center for European Reform pamphlet, Aurore Wanlin assesses the progress of the various member-states in terms of the Lisbon Agenda goals. Here's a list of her findings:

- The pace of reform has remained slow in the big European economies, but increasing competition from the East is "turning up the heat" on the slow growing core economies of France, Germany, and Italy.

- In spite of "a new spirit of national proteccionism", a wave of cross-border mergers suggests that the single market is making an impact.

- Rankings of economic performance show Denmark topping the list, with Sweden and Austria not far behind. The UK, the Netherlands, Finland and Ireland also score highly, while the Mediterranean countries (Italy, Portugal, Spain) score poorly on many indicators.

- Due to its lack of product market competition, and to its complicated tax system, Poland is the "villain" of the CER's 2006 scoreboard.

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