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In its new special issue on the economies of Central, East and Southeast Europe, The Vienna Institute for International Economic Studies (wiiw) analyses the current economic situation in the region as well as development prospects for 2005 and 2006, presenting revised forecasts based on results...
Persistent link: https://www.econbiz.de/10009492721
(except in Hungary). Inflation slowed down to very low levels and is no longer a serious problem. Hungary and Slovakia will … Serbia, which has seen accelerating inflation, and Romania, where disinflation has been interrupted. The downside to that is …
Persistent link: https://www.econbiz.de/10009492722
Belarus, Russia and Ukraine as well as in China. For each country, it provides a forecast relating to GDP growth, inflation …
Persistent link: https://www.econbiz.de/10009649588
to EU accession and rising energy prices), inflation resumed its downward trend, reaching low single digits in most NMS … (except Slovakia) and in the remaining transition countries as well (except Romania, Serbia and Ukraine). Russian inflation … remaining inflation differential with respect to the eurozone, magnified by a natural appreciation tendency of NMS currencies …
Persistent link: https://www.econbiz.de/10009649596
policy rests supports deflationary/stagnation tendencies in low-inflation/low-growth countries and bolsters booms/inflation … in high-inflation/high-growth countries. Whereas Germany has fallen victim to this policy, in a number of other countries …
Persistent link: https://www.econbiz.de/10008455838
The report analyses recent economic developments and short- and medium-term prospects of the countries of Central and Eastern Europe, Southeast Europe including Turkey, as well as Kazakhstan, Russia, Ukraine and China. Separate chapters present an overview of developments in the European Union's...
Persistent link: https://www.econbiz.de/10004964275
After a long period of convergence, Central, East and Southeast Europe experienced a deep recession in 2009. The relatively moderate GDP decline (-3.6%) on average for the new EU member states (NMS) reflects Poland's weight in the group, the only EU country to have recorded positive GDP growth...
Persistent link: https://www.econbiz.de/10008547915
External determinants Two key factors currently affect the economic prospects of CESEE the crisis in the euro area and movements in the commodity prices. For Russia, Kazakhstan and Ukraine declining world market prices of energy carriers, steel and other basic commodities are vital. For most of...
Persistent link: https://www.econbiz.de/10010686219
The present economic crisis bears all the familiar hallmarks of the financial, debt-related and structural aspects of current account crises. All these aspects have lasting level effects and recovery can be very protracted. Export-led growth was an important feature of the recovery period...
Persistent link: https://www.econbiz.de/10010820235
gradual and delayed. Inflation rose throughout 2010 as food and commodity prices soared; in general, however, it will pose no …
Persistent link: https://www.econbiz.de/10008862167