Europe’s Economic Past and Future

Slides:

Advertisements

Similar presentations

Development indicators Gianni Vaggi University of Pavia September 2013 The economy.

Advertisements

Development indicators Gianni Vaggi University of Pavia September 2013 On the causes of economic growth.

Quaker Council for European Affairs – A Quaker Voice in Europe The European Union Budget Overview and Income.

.. 2 Transatlantic Trends Transatlantic Trends is an annual survey of public opinion which started in 2002, consisting of a random sample of approximately.

Ka-fu Wong © 2007 ECON1003: Analysis of Economic Data Supplement1-1 Supplement 1: Comparing the economic growth of China to other countries.

Database established in February 1997 Available on- line since January 1998.

Table 9.2Trend in Real GDP per Capita and Productivity (annual rates) Growth in real GDPin output per capitaper worker hour Year (%) (%) 1960–

European Long-Term Growth and the Euro Crisis Uri Dadush New York University, Stern School of Business October 8,

Economic Overview June Production Productivity Employment, working hours Inflation, output prices Wages, unit labour cost Trade balance Outline.

Andrew Sentence CBE Senior Economic Advisor, PwC ECONOMIC INSIGHT.

THE ECONOMIC INDICATORS 1.  An economic indicator is simply any economic statistic, such as the unemployment rate, GDP or the inflation rate, which indicate.

Table 12.1: Ranking of countries by happiness, World Values Survey Sample The Economics of Immigration, by Bansak, Simpson & Zavodny ©2015 Country Average.

Figure 14.1 Economic Growth in the ADE/ASR model.

Level and growth rate of per capita GDP In terms of level and rate of change of economic growth the performance across EU countries and regions is remarkably.

The Israeli Economy International Perspective February 2013 Ministry of Finance A comparison of recent economic developments in Israel and the developed.

When was the European Union formed? About fifty years ago in Where was the European Union? Belgium, France, Germany, Italy, Luxembourg, and The.

Endogenous Growth Theory Chapter ©1999 South-Western College Publishing Figure 14.2 GDP per Person Relative to U.S. GDP per Person for Five Countries.

Beasts. UK Italy Netherlands Austria Norway Belgium Finland Germany France Bavaria.

European Growth Phases, Period Real GDP Real GDP per capita

CONTEMPORARY ECONOMICS© Thomson South-Western 12.2Living Standards and Labor Productivity Growth  Explain why there is such a large difference among countries.

Calculating economic growth. The formula for calculating % change in real GDP is the following % change in real GDP = final value of real GDP – initial.

Aspects of Globalisation. Globalisation Increasing economic integration through trade, investment and migration; The shift towards market-driven production.

The strength of the EU economy on global scale The EU is the world´s largest economy - 20 % of world GDP World´s largest trading block Between.

1 Defining Economic Growth Economic growth: an increase in Real GDP. Small changes in rates of growth  Big changes over many years Compound Growth Rule.

Gross Domestic Product. What is Gross Domestic Product? The total market value of all final goods and services produced during a given period of time.

SSelection Question: What are the circumstances surrounding EU membership? PPerformance Question: What is the effect of EU membership on economic.

CHALLENGES FOR THE EU IN COMPETING AGAINST CHINA, THE USA AND THE WORLD A. Illarionov Institute of Economic Analysis 3 rd European Resource Bank Meeting.

Economic Growth, Population, and Human Capital

Figure 2.2. Evolution of GDP per capita measured in PPS in the four Cohesion countries Source: EUROSTAT data.

1 A comparison of productivity in France, Japan, the United Kingdom and the United States over the past century Gilbert Cette Yusuf Kocoglu Jacques Mairesse.

Table 1: Labor Supply, Productivity, and GDP Major Advanced Countries: a OECD purchasing power parity GDP numbers CountryHours per week per person.

Level and growth rate of per capita GDP Gross domestic product (GDP) is a measure of economic activity: value of all goods and services produced and sold.

The Economy of Brescia 2005/2006 DEVELOPMENT AND INNOVATION.

Global Economics. Who Is Involved ? Percentage Distribution of the World's Manufacturing/ Production, 1870 and 1913 (percentage of world total)

Economic Overview October Production Productivity Employment, working hours Inflation, output prices Wages, unit labour cost Trade balance Outline.

Europe – the lost continent? Howard Davies Director, LSE KR Narayanan Memorial Lecture Indian Council of World Affairs 8 April 2010.

Copyright © 2011 Cengage Learning 38 Common Currency Areas and European Monetary Union.

Europe’s Economic Past and Future Barry Eichengreen University of California, Berkeley February 28, 2007.

Standard of Living and Literacy Rate E.Q. – How does one’s literacy rate impact their standard of living?

EU learning stations. Germany GDP = 3.85 trillion Literacy rate = 99 Infant mortality rate = 3.48 of 1000 Life expectancy = 81 % of people in poverty.

Economic Overview December 2015.

2 Transatlantic Trends: Immigration TTI is a public opinion survey conducted using randomized telephone interviews In each country around 1,000 people.

European Fund for Strategic Investments - E F S I - March 2015.

European Economies Comparing the Economies of the United Kingdom, Germany and Russia.

Macro-economic Background 10. Macro-economic Background GDP per head: USD 40,440 (2011) OECD average USD 33,976 (2010) Annual GDP growth 2011: 2.5% OECD.

Economic Overview April Production Productivity Employment, working hours Inflation, output prices Wages, unit labour cost Trade balance Outline.

Economic Growth. Would You Rather? Would you rather have an average income of 55K today or Have 55K and live in 1900 – Careful, you may be extreme wealthy.

© Oxford University Press How are the plates moving?

The United Kingdom is set to decide its European future…… Should we stay or should we leave the European union?

Introduction to the Global Economy

Figure 1. Financial income in Germany (% of GDP)

European Union.

Human Development Index

INTRODUCTION : key and brilliant period, convergence with Europe

From: Where do we go from here

Lecture 11. U.S. Growth Resurgence

European Union.

Comparing and Contrasting Austria and Liberia

EUROPE: ORGANIC FARMLAND 2016

نام درس: اقتصادتوسعه استادمربوطه: جناب آقای دکترفطرس تهیه کنندگان:زهرا بیات،زهرا کلهری،مریم مردانی ارائه دهنده: زهرابیات پاییز1395.

A. Illarionov Institute of Economic Analysis

Ifo Institute for Economic Research Munich, Germany Italy and the Eurocrisis Giampaolo Galli 13 May 2013.

Lecture 9: Plans for a New Order

A Quantitative Exploration of the Golden Age of European Growth

Today is a special day ... It is the 10 year anniversary of ...

FALLING BIRTH & AGEING IN EU

Minnesota’s GDP growth rate relative to the United States’ GDP growth rate, , %

GROWTH AND CRISIS IN THE U.S. Growth Resurgence and European Slowdown

GNP and per capita GNP Top of the world!?.

Presentation transcript:

Europe’s Economic Past and Future Barry Eichengreen University of California, Berkeley February 28, 2007

GDP per capita and per hour, 1913-2003 1913 1929 1938 1950 1973 03 GDP per capita as percentage of U.S. levels France 66 68 73 55 79 Germany 69 59 82 41 72 64 Italy 48 45 54 37 United Kingdom 93 80 102 EU-15 average as % of United States 57 47 65 GDP per hour as percentage of U.S. levels 56 n.a. 46 74 111 Germany a 32 98 42 35 78 100 84 63 60 83 EU-15 average b 61 44 71 94

The Starting Point and Growth, 1950-73 Andrea Boltho (1981), The European Economy: Growth and Crisis, (Oxford University Press) p.31.

Europe’s Golden Age Nicholas Crafts and Gianni Toniolo, “Postwar Growth: An Overview,” in Crafts and Toniolo, Economic Performance in Europe Since 1945, p 2.