Fig. 1presents the growth rates of real GDP per capita inEUmember states from1961 to 2001. From the charts there isnot a clear time series pattern which holds for all countries. Growth rates in several countries, such as France, Spain,Germany, Greece, Italy and Sweden, have slowed down over the last few decades. In Ireland and Luxembourg medium-term growth has however picked up over this time period, while it has remained fairly stable in Austria and Belgium.
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