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The paper examines labor market developments in the four hard-peg European Union (EU) accession candidates during transition, with a view toward understanding the persistent high unemployment experienced in each country. Despite the significant levels of unemployment in all four countries, labor...
Persistent link: https://www.econbiz.de/10014402526
Of the new members entering the European Union (EU) in May 2004, several had achieved a decade of impressive export growth, expanding significantly their shares of world markets. The empirical analysis shows that over the period 1994–2004, quality and technology upgrading associated with the...
Persistent link: https://www.econbiz.de/10014404829
Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises, which had to be …
Persistent link: https://www.econbiz.de/10014403652
Since beginning economic transition, the Czech Republic, Estonia, Hungary, Poland, and Slovenia have—with much success … particular could be problematic. The exception is Estonia, where there are good arguments for retaining the currency board …
Persistent link: https://www.econbiz.de/10014402016
, Latvia, and Lithuania. It identifies common features and common challenges, and discusses policies—both national and jointâ …This 2014 Cluster Consultation report examines common themes and challenges facing the three Baltic countries—Estonia …
Persistent link: https://www.econbiz.de/10011244182
This Selected Issues paper focuses on the Baltic model, Baltic–Nordic links, and convergence. The Baltic countries form a distinct group within a tightly integrated Nordic–Baltic region. They are following similar approaches to economic policy, broadly in line with those of...
Persistent link: https://www.econbiz.de/10011244869
The staff report for the 2005 Article IV Consultation on the Republic of Latvia highlights the economic outlook and mid …
Persistent link: https://www.econbiz.de/10014405881
, and have taken steps to contain risks in Parex Bank. The staff report reviews the Republic of Latvia’s economic …
Persistent link: https://www.econbiz.de/10014406035
This Selected Issues paper seeks to determine the macroeconomic effects of credit growth in Latvia. To do so, the paper …’s Global Fiscal Model to simulate the macroeconomic effects of Latvia’s financial integration with the European Union and … developing financial system. The paper also discusses the balance sheet approach to macroprudential vulnerabilities in Latvia …
Persistent link: https://www.econbiz.de/10014406407
This Selected Issues paper and Statistical Appendix highlights that the strong economic expansion in Latvia that began … Latvia’s output in both new, mostly European Union, and the traditional Commonwealth of Independent States markets. Domestic …
Persistent link: https://www.econbiz.de/10014396518