Download
europe the lost continent n.
Skip this Video
Loading SlideShow in 5 Seconds..
Europe – the lost continent? PowerPoint Presentation
Download Presentation
Europe – the lost continent?

Europe – the lost continent?

114 Vues Download Presentation
Télécharger la présentation

Europe – the lost continent?

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

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

  2. The European Union: 500 million people – 27 countries EU population, million people, 1986 – 2010 Source: Eurostat.

  3. The Euro: A single currency for Europeans EU countries using the euroEU countries not using the euro Source: http://europa.eu/

  4. How rich is the EU compared to the US, China and India? GDP per capita, current prices (US dollars), 2008 Source: IMF World Economic Outlook, October 2009.

  5. The EU economy is close in size to that of the US GDP, current prices (Billion US dollars), 2008 EU (18,387 Billion USD) US (14,441 Billion USD) Source: IMF World Economic Outlook, October 2009.

  6. Europe’s post-crisis growth rates will be sluggish Gross domestic product forecast (% change), constant prices, 2007-2014 Source: IMF World Economic Outlook, October 2009.

  7. The World’s Economic Centre of Gravity is moving eastwards Projection of the World’s Economic and Geographic Centre of Gravity Source: Grether JM, Mathys N (2008): Is the World’s Economic Center of Gravity Already in Asia?

  8. EU is losing its share in the global economic governance G8 G20 Source: www.g20.org.

  9. Costs of borrowing in the Eurozone have been growing apart 10-year government-bond spreads over German bunds, percentage points, 2008 Jan – 2010 Jan Source: The Economist.

  10. Unit labour costs in Greece and Spain have been growing more rapidly than in Germany or France Quarterly unit labour cost*, index (2005 = 100.0), 2006 Q4 – 2009 Q3 * Unit labour costs measure the average cost of labour per unit of output and are calculated as the ratio of total labour costs to real output. Source: OECD Data.

  11. “If change is - inevitable - predictable - beneficial - doesn't logic demand that you be a part of it?” • (Captain James T. Kirk, Star Trek)

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