Lisbon process
Was reading some ex-work related stuff this week and saw this interesting graph measuring the productivity and employment growth of EU nations (two main goals set in Lisboa in 2000).
Interesting isn't it? What about measuring the impact of structural reforms brought about by the Lisbon process? Is it affected by the convergence process, the ability to react quickly by small states (and thus also have bigger impacts maybe?), or pro/anti cyclical characteristics of the economy that really determine these figures/this graph? I guess all of it at the same time, but the outcome X has very different stress levels or dominant factors on each country. And then how do you actually compare them on the aggregate EU level to make any kind comparative analysis possible let alone make recommendations? OK, I guess it is easy for the developing countries because there probably is an existing more or less rational development path for them, but what happens when you are already at the top? What got you here, won't get you there as someone once said.
Interesting isn't it? What about measuring the impact of structural reforms brought about by the Lisbon process? Is it affected by the convergence process, the ability to react quickly by small states (and thus also have bigger impacts maybe?), or pro/anti cyclical characteristics of the economy that really determine these figures/this graph? I guess all of it at the same time, but the outcome X has very different stress levels or dominant factors on each country. And then how do you actually compare them on the aggregate EU level to make any kind comparative analysis possible let alone make recommendations? OK, I guess it is easy for the developing countries because there probably is an existing more or less rational development path for them, but what happens when you are already at the top? What got you here, won't get you there as someone once said.
posted by Oliver at 10:14 PM
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