Monthly Report No. 1/2013

The European Commission grossly underestimates the effects of German domestic demand expansion (by Leon Podkaminer; pp. 1-2) Keywords income elasticity of imports, external imbalances Countries covered Germany, EU Topics Macroeconomic Analysis and Policy, International Trade, Competitiveness and FDI The new North-South divide in Europe – can the European convergence model be resuscitated? (by Michael Landesmann; pp. 3-13) Keywords convergence model Countries covered EU Topics Macroeconomic Analysis and Policy; International Trade, Competitiveness and FDI Changes in the European convergence model (by Beáta Farkas; pp. 14-19) Keywords convergence model Countries covered EU Topics Macroeconomic Analysis and Policy; International Trade, Competitiveness and FDI Statistical Annex Selected monthly data on the economic situation in Central, East and Southeast Europe (pp. 21-29) Guide to wiiw statistical services on Central, East and Southeast Europe (p. 31)