Publications
Papers and articles from the last year.
Panel evidence from all 27 EU member states over 1995–2024 shows that, among five dimensions of R&D composition, only the capital-versus-current expenditure split survives the full robustness protocol. The association with faster productivity catch-up is concentrated in economies far from the EU frontier.
An assessment of accession momentum, twin deficits, inflation, monetary policy, labour markets, and growth across the seven formal EU candidate countries, distinguishing economic convergence from political and negotiating readiness.
The June 2026 edition of CPAG's Macro Risks Report updates Romania's macroeconomic risk assessment, with a focus on fiscal pressures, inflation dynamics, financing conditions, and growth vulnerabilities. It places Romania in a regional context and assesses how fiscal consolidation and external uncertainty shape the near-term outlook. The report also examines labour-market signals, external balances, public-debt dynamics, and the policy constraints facing Romania through the remainder of the year.
An analysis of how trade in high-technology goods and services drives technology diffusion across EU member states, with implications for productivity convergence and industrial policy. The report compares frontier and follower economies and identifies policy levers that could restart the diffusion process after 2019.
The March update tracks fiscal adjustment, inflation persistence, financing needs, and growth risks for Romania.
A sectoral view of EU productivity dynamics and the slowdown in productivity diffusion after 2019.
A macro risk snapshot focused on twin deficits, financing conditions, inflation, and Romania's near-term outlook.
