"In the global financial crisis, competitiveness gaps between euro area countries caused additional strain. This book discusses the various dimensions of competitiveness, with a special focus on emerging Central, Eastern and Southeastern European countries. For Europe to proceed with convergence...

Part I framing the discussion on the competitiveness challenge -- 1. Boosting European competitiveness / Marek Belka, Ewald Nowotny, Doris Ritzberger-Grünwald and Pawel Samecki -- 2. Harnessing foreign direct investment to boost economic growth / Beata S. Jarvorcik -- 3. Correcting external...