The protracted recession in the euro area will continue to be a drag on the economic growth of most CESEE countries in 2013. By and large, those countries are small open economies held hostage to the excessive fiscal austerity pursued in the euro area and the sluggish progress on the part of its...

This paper analyses developments in production structures in pre-crisis and during the crisis years in the range of EU "peripheral economies" (i.e. the lower- and medium-income economies in the South and the Centre/East). The emphasis is on the development of the tradable sector (and...

This paper analyses developments in production structures in pre-crisis and during the crisis years in the range of EU 'peripheral economies' (i.e. the lower- and medium-income economies in the South and the Centre/East). The emphasis is on the development of the tradable sector (and...