CENTROPE Regional Development Report 2011. Long Run Growth and Demographic Challenges

Karol Frank, Peter Huber and Roman Römisch

in WIFO Studies from WIFO

Abstract: Macroeconomic forecasts for Europe and the CENTROPE countries currently suggest that the recovery of the years 2010 and 2011 was only a short-lived interlude both in the CENTROPE countries as well as most other EU countries. The world-wide slowdown in growth will affect the CENTROPE countries and it can be expected that Europe and thus also the CENTROPE regions are currently entering a period of protracted slow growth. The long-run growth prospects of CENTROPE are, however, intact. GVA and in particular productivity growth in the CENTROPE was substantially higher than in other cross-border metropolitan regions and much of the improved growth performance in CENTROPE in the last years was due to a rapid improvement of regional competitiveness. According to an analysis of demographic developments demographic decline seems to be a smaller problem in the CENTROPE than in many other EU regions. Although this again reflects rather positively on CENTROPE in comparison to the EU, ageing of the population, however, is a serious challenge to the economies of CENTROPE, which will necessitate developing long-term and coherent strategies to maintain living standards and quality of life for citizens in all age groups.

Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/44653 abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wfo:wstudy:44653

Access Statistics for this book

More books in WIFO Studies from WIFO Contact information at EDIRC.
Bibliographic data for series maintained by Florian Mayr ().