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Astrov, Vasily; Gligorov, Vladimir; Hanzl-Weiss, Doris; … - Wiener Institut für Internationale … - 2012

employment. Furthermore, patterns of adjustment across CESEE economies vary greatly, with some countries (such as Croatia … dampens consumption expenditures, and leads to cutbacks in employment (and wages), which, in turn, lower household incomes and … markets of the CESEEs and the situation of the banking sector respectively. Towards the end of 2011 the employment situation …

Persistent link: https://www.econbiz.de/10010820235

Animal Spirits still Dimmed: Slow Recovery Expected

Astrov, Vasily; Dobrinsky, Rumen; Gligorov, Vladimir; … - Wiener Institut für Internationale … - 2013

happening in the labour markets. Employment rates have declined in most countries while unemployment in particular among the …

Persistent link: https://www.econbiz.de/10010820236

On Thin Ice: CESEE Core Resilient in the Face of EU Stagnation and the Ukraine Crisis

Astrov, Vasily; Çiçek, Serkan; Dobrinsky, Rumen; … - Wiener Institut für Internationale … - 2014

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

Investment to the Rescue

Astrov, Vasily; Dobrinsky, Rumen; Gligorov, Vladimir; … - Wiener Institut für Internationale … - 2014

The Vienna Institute for International Economic Studies (wiiw) expects GDP in Central, East and Southeast Europe (CESEE) to pick up speed and grow on average by 2-3% over the forecast period 2014-2016 a major driving force rooted in an upward reversal of public and private investment. The...

Persistent link: https://www.econbiz.de/10010751986

Crisis Is Over, but Problems Loom Ahead

Astrov, Vasily; Gligorov, Vladimir; Havlik, Peter; … - Wiener Institut für Internationale … - 2010

pronounced as long as employment fails to grow. Investment will not act as a strong engine of growth either. Given the generally …

Persistent link: https://www.econbiz.de/10008547915

Unemployment in the EU: Institutions, Prices and Growth

Karanassou, Marika; Sala, Hector; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2004

This Paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labour market adjustment processes, (b) the interplay between these adjustment processes and the...

Persistent link: https://www.econbiz.de/10005124001

Recovery - in Low Gear across Tough Terrain

Astrov, Vasily; Gligorov, Vladimir; Havlik, Peter; … - Wiener Institut für Internationale … - 2011

The outlook for the world economy has improved in the course of 2010 and the recovery has gained strength in the EU as well. The Central, East and Southeast European countries (CESEE) have also recovered from the crisis; the majority of them recorded positive GDP growth. On average, the recent...

Persistent link: https://www.econbiz.de/10008862167

Raising Potential Growth After the Crisis: A Quantitative Assessment of the Potential Gains from Various Structural Reforms in the OECD Area and Beyond

Bouis, Romain; Duval, Romain - Economics Department, Organisation de Coopération et … - 2011

systems could raise employment rates by several percentage points in a number of OECD countries over a 10-year horizon. Large …

Persistent link: https://www.econbiz.de/10008799707

The GDP Impact of Reform: A Simple Simulation Framework

Barnes, Sebastian; Bouis, Romain; Briard, Philippe; … - Economics Department, Organisation de Coopération et … - 2013

and/or duration of unemployment benefits, cut labour tax wedges and relax employment protection legislation. Past reforms …

Persistent link: https://www.econbiz.de/10008799710

Recovery: Limp and Battered

Astrov, Vasily; Gligorov, Vladimir; Hanzl-Weiss, Doris; … - Wiener Institut für Internationale … - 2011

For 2011 the wiiw central scenario envisages further improvements in the economic performance of those countries that were still stagnating or contracting in 2010 (Bulgaria, Latvia, Romania, Croatia, Macedonia and Montenegro). However, in those countries that performed reasonably well in 2010...

Persistent link: https://www.econbiz.de/10009146721