With that in mind, it is all the more disheartening that other studies published by the IMF, but also the OECD, conclude that enthusiasm for reform in the euro area has fallen off significantly. 3 G20 agenda: free trade and financial market regulation Ladies and gentlemen A number of the conditions needed for dynamic growth can only be created at the international level, however.
One such condition are competitive markets which are enshrined in agreements and treaties that safeguard the free movement of goods, capital and services – and, in the European Union, of labour as well. 3.1 Free trade And on that score, the outlook certainly grew dimmer last year.