Traduction de «région à faible croissance » (Français → Anglais) :

Low-growth regions would gain from stronger institutional capacity and structural reforms

Considers that the Stability and Growth Pact is an important tool for putting pressure on the sustainability of public finances, which has contributed to economic responsibility within the euro zone; recognises that it has been hampered by poor enforcement and has not given sufficient leverage for optimising the economic policies of each of the Member States and the euro zone as a whole; considers that this economic policy instrument was not designed to act as a sustainable corrective process to compensate for current imbalances and manage periods of crisis or of very low growth; takes the view that beyond the application of existing ...[+++]rules, Member States should implement internal policies to foster growth, innovation, competitiveness and a qualitative objective whereby the public deficit must not exceed certain benchmarks;

Outside the four cohesion countries, weak growth in the national economy is slowing down that of Objective 1 regions.

Some of these factors may partly explain the weak economic growth experienced by most Pacific ACP countries, a concern not least in view of the growing population (around 3% a year) A study of economic data (available for 11 of the 15 Pacific ACP countries - excluding Cook Islands, Nauru, Niue and Tuvalu) shows that in the period 2000-2004 average annual GDP growth was only 1.1%. However, some countries, notably Samoa, have recorded strong growth in the same period.

The results are generally encouraging but there remain areas of slow growth and big differences between and within Member States.

Outside the four cohesion countries, weak growth in the national economy is slowing down that of Objective 1 regions.