The report documents the impressive achievements of the european growth model over the last 50 years accounting for the stresses it is experiencing and assessing the longer term challenges that europe will face the report then evaluates the six principal components of the model trade finance enterprise innovation labor and government it finds that the european growth model has been a . The prospect of enlarging the european union eu to central and eastern european countries with income levels far below those of present members questions how and when the candidates aspiration to converge towards eu standards of living could possibly by fulfilled. Golden growth restoring the lustre of the european economic model c b tweet these desires and developments already make the european growth model distinct keeping to the discipline of the golden rule would make it distinguished europe and central asia studies users also downloaded. 32 golden growth restoring the lustre of the european economic model but of the countries that have grown quickly from middle income to high income half croatia cyprus czech republic estonia . Golden growth restoring the lustre of the european economic model vol 2 main report english abstract europes growth will have to be golden in yet another sense economic prosperity has brought to europeans the gift of longer lives and the continents population has aged a lot over the last five decades