GDP growth bounced strongly during the fourth quarter, which compensated for the weak expansion registered during the first half of the year. The Q4 2019 GDP outturn of 6.4 percent was driven largely by the ramping up of government spending (18.7 percent), alongside sustained robust household consumption (5.6 percent).
The need for labour to migrate will decrease if capital moves towards labour. This has, in fact, happened broadly throughout Europe. Differences between global developments and the EU's internal development can also be found in capital flows. Developments within the EU have followed the 'normal theory', investment has flowed from wealthy economies to economies with a low capital stock.