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Ease of doing business in the euro area

Author

Listed:
  • Erik Canton
  • Marta Petrucci

Abstract

This section looks at how easy it is to do business in euro area countries. Like the EU as a whole, the euro area has made progress with business regulation and the quality of public administration over recent years. However, substantial differences remain across the area. In the context of the European Semester, the policy area business regulation and quality of public administration is still generating a high number of country-specific recommendations, whose implementation has been quite slow, especially compared to other areas. Countries with a better business environment have enjoyed a more resilient recovery. A better business environment can increase economic performance through its effect on investment, but there are other transmission mechanisms at work as well, i.e. firm dynamics (entry, upscaling and exit of firms) and allocative efficiency.

Suggested Citation

  • Erik Canton & Marta Petrucci, 2017. "Ease of doing business in the euro area," Quarterly Report on the Euro Area (QREA), Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, vol. 16(2), pages 21-29, October.
  • Handle: RePEc:euf:qreuro:0162-02
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    File URL: https://ec.europa.eu/info/sites/info/files/ip060_en_ii_ease_business.pdf
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    Citations

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    Cited by:

    1. Kurt Bayer & Andreas Breitenfellner, 2018. "What is the appropriate role of structural reforms in E(M)U deepening?," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue Q3-18, pages 102-112.
    2. Kurt Bayer, 2018. "Which Structural Reforms Does E(M)U Need to Function Properly?," wiiw Policy Notes 28, The Vienna Institute for International Economic Studies, wiiw.

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