Showing 1 - 10 of 14
rising efficiency has been rising unemployment. Double-digit unemployment rates have now become a rule. Apart from the truly … disastrous labour market situation in several countries of former Yugoslavia, unemployment has recently acquired dramatic … improvement. And even more than in the rest of Europe, the CEECs' unemployment patterns display distinct regional, gender, age and …
Persistent link: https://www.econbiz.de/10009649618
Summary Despite near stagnation in the euro area and the negative impact of the Ukraine crisis, in most of the NMS economies and some of the Western Balkan countries growth prospects are viewed as positive. While the NMS economies will preserve their positive growth differential vis-à-vis the...
Persistent link: https://www.econbiz.de/10011019991
unemployment rates over the medium term. However, substantial downward risks include possible effects from the current Russia …
Persistent link: https://www.econbiz.de/10010751986
unemployment rates over the medium term. However, substantial downward risks include possible effects from the current Russia …
Persistent link: https://www.econbiz.de/10010753909
era of permanent stagnation with high and rising unemployment. Euro area enters recession, CESEE to follow? Given the … recession. Consolidation fever has spread to the new member states – including those that formally refused to subscribe to the … abate – both within the euro area and outside. After the deep recession that beset almost all CESEE countries in 2009, most …
Persistent link: https://www.econbiz.de/10010686219
Summary The protracted recession in the euro area will continue to be a drag on the economic growth of most CESEE … Central, East and Southeast European (CESEE) economies into recession in 2012, including the Czech Republic, Hungary, Slovenia …-dip recession in the euro area adversely impacting large parts of the CESEE region. This rather poor performance stands in sharp …
Persistent link: https://www.econbiz.de/10010686994
will remain in recession. Russia, Ukraine and the Baltic countries will experience a slowdown of growth. Over the next two … economies. Recovery is slowing down in the Baltic region. There are still some countries that are struggling with recession … are managing to stay out of recession and on a relatively elevated growth path. Russia and Ukraine are seeing either a …
Persistent link: https://www.econbiz.de/10010820236
The paper analyses some policy issues under a currency board arrangement (CBA), focusing on the conduct of fiscal policy which is the only policy instrument at the disposal of the authorities as the CBA precludes an independent monetary policy. It is argued that the loss in degrees of freedom...
Persistent link: https://www.econbiz.de/10009649594
Within the EU, taxation and the EU's eastern enlargement are currently seen as one of the most important problems to be solved and projects to be realized. Each of these two topics covers a vast set of issues which have to be dealt with. At the same time only few attempts have been made to...
Persistent link: https://www.econbiz.de/10009649632
competitiveness. Furthermore, their weak industrial sectors remain an obstacle to export-led growth. Unemployment still on the rise … Most CESEE countries have been recently shedding labour and unemployment is on the rise - a belated consequence of the … in CESEE budget deficits reflects primarily the recession-induced shortfalls in tax revenues rather than a rise in …
Persistent link: https://www.econbiz.de/10008455838