The EU Economy 2005 Review. Rising international economic integration. Opportunities and challenges

This year's edition of the EU Economy Review is entirely devoted to the issue of globalisation. It analyses recent trends and developments in international economic integration and examines its impact on the economy. This document is an integral element of the Commission's ongoing surveillance of economic developments and policies in the Member States, the euro area and the EU.

Includes five specialised studies: The internationalisation of R&D: Trends and drivers; The location of multinationals across EU regions; International outsourcing of the service sector; European banking integration; Reaping the benefits from globalisation: the Irish case.