This paper develops a 'structural political economy' approach to two fundamental tensions that emerged as the eurozone crisis unfolded: real exchange rate misalignments and external debt build-up. The approach builds on a classical legacy going back to Francois Quesnay, who conceptualised...

To mark the 30th anniversary of the fall of the Berlin Wall, this paper aims to assess developments in Central, East and Southeast Europe (CESEE) over the past three decades, and to look forward to what the next 30 years might bring. First, we measure the convergence of per capita income, wages...

Von der Integration mit der EU oder mit anderen Wirtschaftsräumen wie der Donauregion profitieren die CENTROPE-Regionen in unterschiedlicher Form. Die vorliegende Studie analysiert das Ausmaß der räumlichen Integration, das künftige Potential sowie Stärken, Schwächen und mögliche...

Integration with the EU or other areas like the Danube region is likely to benefit the CENTROPE regions in a differentiated way. This report will analyse the extent of spatial integration, the future potential for it, as well as strengths, weaknesses and likely points of conflicts in the...