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Policy Contribution

Smart choices for growth

Recovery in Greece, Italy, Portugal and Spain is held back in part by structural barriers. Overcoming these requires structural reform and public investment. Given the limited availability of political and financial capital, prioritising reform efforts and spending is important, but difficult.

By: Date: November 28, 2012 Innovation & Competition Policy Tags & Topics

The different success factors for individual sectors are complementary. Using the example of the high-tech industry, we make the case that only investing in one success factor (eg broadband infrastructure) without having a sufficient endowment of others (eg education) is unlikely to make the sector successful.

One consequence of the complementarity of the different success factors is that public investment and reform efforts should be fine-tuned in order to match the endowment of other factors. This might imply an increase in efforts to tackle several structural barriers at the same time, but it might also imply reducing investment in less promising fields. This in turn requires strategic thinking about whether it is worthwhile pursuing development strategies that require investment in many success factors but that do not promise much success. Such a strategic approach to public investment and reform efforts might make the allocation of scarce public financial and political capital more efficient.

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Past Event

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The industrial internet will transform policymaking

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By: Giuseppe Porcaro Topic: Innovation & Competition Policy Date: September 28, 2016
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Policy Contribution

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An approach to identify the sources of low-carbon growth for Europe

In order to secure growth and jobs, Europe needs a new growth model built on developing emerging sectors with high value added. But in which sectors can Europe grow, and what economic policies would work?

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Upcoming Event

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Topic: Innovation & Competition Policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels
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Upcoming Event

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The number of digital platforms is currently rising in many countries and sectors. What are the opportunities of platforms and which kind of regulation and policy framework is necessary to promote healthy competition?

Speakers: Bruno Basalisco, Diane Coyle, Jacques Crémer, Werner Stengg, Nicolas Petit and Georgios Petropoulos Topic: Innovation & Competition Policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels
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External Publication

jsm-ext-paper-cover

New network neutrality rules in Europe: comparisons to those in the U.S.

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IMG_20150922_160434

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External Publication

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By: Alicia García-Herrero Topic: Global Economics & Governance Date: July 26, 2016
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Working Paper

WP 03 2016

Challenging prospects for roam like at home

In 2015 the European Union adopted new rules seeking to implement a roam like at home regime for member states. This Working Paper highlights challenges in implementing roam like at home, and it provides insights on the economics of international mobile roaming.

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