01599cas a2200229 a 4500 AALejournalIMF008216 230101c9999 xx r poo 0 0eng d 9781451952957 0145-1707 BD-DhAAL BD-DhAAL International Monetary Fund. External Relations Dept. Finance and Development, June 2004. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (58 pages) Finance and Development <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper highlights that 10 new members joined the European Union on May 1, 2004, in the biggest enlargement of the community since its inception. However, the core economic concern is the weak growth performance of Europe-and particularly of the 12 countries at the epicenter of European integration that use the euro as their common currency-relative to the rest of the world and especially the United States. The paper highlights that underlying this concern are the problems of sagging long-term trends in the growth of productivity, and the use of labor resources. Mode of access: Internet Finance and Development; Finance and Development ; No. 0041/002 Full text available on IMF http://elibrary.imf.org/view/journals/022/0041/002/022.0041.issue-002-en.xml IMF e-Library