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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3806 |
DP3806 Organized Crime, Corruption and Punishment | |
Thierry Verdier; Yves Zenou; Maurice Kugler | |
发表日期 | 2003-02-23 |
出版年 | 2003 |
语种 | 英语 |
摘要 | Taking both the enlargement process, as currently defined by the EU, and the structural funds as a given, this Paper examines what is the best way for candidate countries to fuel real convergence. The experience from earlier EU enlargements and current economic conditions within the CEEC10 suggest that placing too high expectations on enlargement per se would be misplaced. Further, regional transfers taking place under the structural and cohesion policies are unlikely to become the growth engines of the CEEC10. They may increase income in the receiving countries by an amount equal to the one transferred, but there is no evidence they will have an impact on long-run growth rates. To achieve long-run growth at rates higher than average an appropriate mix of European and national policies is needed. This includes further fostering of trade integration within the EU, restructuring public spending, creation of supply side incentives by proper reforms of fiscal and social insurance policies, free movement of capital and labour, together with a competitive level of labour income taxation. Based on historical experience two types of policies appear to be particularly relevant. First, public programs for long-term income support, corporate subsidies and other forms of income transfer have negative effect on economic growth. We believe they should be terminated as soon as possible. Second, labour and capital mobility are good for growth and economic convergence. In particular, the adoption or continuation of various transfer and/or regulation policies aimed at eliminating labour migration from the CEEC is wrong and damaging. The fear of migration has been magnified by skillful politicians: migrations in past enlargements have been small. There is no reason to expect it to be large in this case. |
主题 | International Macroeconomics |
关键词 | Convergence Regional policies Structural funds Labour and capital mobility |
URL | https://cepr.org/publications/dp3806 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532795 |
推荐引用方式 GB/T 7714 | Thierry Verdier,Yves Zenou,Maurice Kugler. DP3806 Organized Crime, Corruption and Punishment. 2003. |
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