Their idea is that  6  BIS Review 49/2002  most objectives of an SDRM might be achievable on a contractual basis. The practical work is now being performed by legal experts from G-10 authorities in cooperation with a group of private sector lawyers.
Several facts suggest caution: first, labour productivity in the euro area increased at an annual rate of 1.2% in the first three quarters of 2006, which is approximately equal to the average annual rate recorded during the past fifteen years.