Annual Meetings

Europe’s medium-term growth prospects need some bolstering. Its population is aging, energy costs have risen sharply, and fiscal demands for defense, climate, and social needs are rising. Finally, private investment and productivity growth have slowed for some time. While the diagnosis is clear, what Europe can do is not. This Analytical Corner will cover the Fund’s latest recommended strategy for boosting Europe's dynamism through completing the EU single market, complementary national reforms, and a robust EU budget focusing on European public goods and incentivizing alignment of national reforms with European priorities.