Sustainable growth in catching-up countries requires the widening of the foreign trade bottleneck. It is however not clear whether two prescriptions aiming at solving this problem greater exchange rate flexibility and the liberalization of the capital market, are in reality not contradictory....

The periodically returning debates and the disappointing bargaining on the financial perspectives for 2007-2013 have led to the proposal of a comprehensive review of the EU budget in 2008/2009. This provides an opportunity for initiating fundamental reforms of the revenue side of the EU budget....

We study the labour market effects of bilateral exchange rate realignment. We place emphasis on the composition of trade, the role of intermediates, and the underlying conditions of the labour market. Employment effects hinge on the fraction exported to and imported from the trading partner. A...

(Reprint from 'Österreichs Außenwirtschaft 2008', commissioned by the Austrian Federal Ministry of Economics and Labour (BMWA) in the framework of the Research Centre International Economics (FIW) and funded under the internationalization programme 'go international') Zusammenfassung Die im...

The pressures on fiscal consolidation have mounted dramatically in the wake of the Greek and then the 'contagion' crisis which followed it (across the so-called 'weakest links' Portugal, Spain, Italy, Ireland). It led to the setting-up of the 750 billion euro stabilisation package widely seen as...

Content The first part of the publication contains an analysis of the latest FDI trends. The analysis highlights the modest recovery of FDI in 2013. The second part of the publication contains two sets of tables Tables I total flow and stock data, FDI flow by components and FDI income, FDI per...

Content The first part of the publication contains an analysis of the latest FDI trends. The analysis highlights the modest recovery of FDI in 2012. The second part of the publication contains two sets of tables Tables I total flow and stock data, FDI flow by components and FDI income, FDI per...

Content New coverage Kazakhstan Turkey The first part of the publication contains an analysis of the latest FDI trends. The analysis highlights the temporary recovery of FDI in 2011. The second part of the publication contains two sets of tables Tables I total flow and stock data, FDI flow by...

Content The first part of the publication contains an analysis of the latest FDI trends. The analysis highlights the diverging patterns of FDI recovery in 2010. The second part of the publication contains two sets of tables Tables I total flow and stock data, FDI flow by form and FDI income, FDI...

Content The first part of the publication contains an analysis of the latest FDI trends complemented by detailed methodological explanations. The analysis highlights the impacts of the recession on FDI in 2009. The second part of the publication contains two sets of tables Tables I total flow...