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On Thin Ice: CESEE Core Resilient in the Face of EU Stagnation and the Ukraine Crisis

Astrov, Vasily; Çiçek, Serkan; Dobrinsky, Rumen; … - Wiener Institut für Internationale … - 2014

Summary Despite near stagnation in the euro area and the negative impact of the Ukraine crisis, in most of the NMS economies and some of the Western Balkan countries growth prospects are viewed as positive. While the NMS economies will preserve their positive growth differential vis-à-vis the...

Persistent link: https://www.econbiz.de/10011019991

Fasting or Feasting? Europe - Old and New - at the Crossroads

Astrov, Vasily; Gligorov, Vladimir; Hanzl-Weiss, Doris; … - Wiener Institut für Internationale … - 2012

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

Double-dip Recession over, yet no Boom in Sight

Astrov, Vasily; Dobrinsky, Rumen; Gligorov, Vladimir; … - Wiener Institut für Internationale … - 2013

Summary 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...

Persistent link: https://www.econbiz.de/10010686994

Investment to the Rescue

Astrov, Vasily; Dobrinsky, Rumen; Gligorov, Vladimir; … - Wiener Institut für Internationale … - 2014

The Vienna Institute for International Economic Studies (wiiw) expects GDP in Central, East and Southeast Europe (CESEE) to pick up speed and grow on average by 2-3% over the forecast period 2014-2016 a major driving force rooted in an upward reversal of public and private investment. The...

Persistent link: https://www.econbiz.de/10010751986

Animal Spirits still Dimmed: Slow Recovery Expected

Astrov, Vasily; Dobrinsky, Rumen; Gligorov, Vladimir; … - Wiener Institut für Internationale … - 2013

Summary Continued weak external demand and uncertain recovery of investments will allow for only modest growth prospects for the countries of Central, East and Southeast Europe (CESEE) this year. Slovenia, Croatia and the Czech Republic will remain in recession. Russia, Ukraine and the Baltic...

Persistent link: https://www.econbiz.de/10010820236

Investment to the Rescue

Astrov, Vasily; Dobrinsky, Rumen; Gligorov, Vladimir; … - Wiener Institut für Internationale … - 2014

Persistent link: https://www.econbiz.de/10010753909

Cyclical Recovery Keeping a Moderate Pace so Far

Walterskirchen, Ewald - In: WIFO Monatsberichte (monthly reports) 77 (2004) 2, pp. 85-85

For several months, business surveys have indicated a gradual but steady improvement of firms' expectations. Opinions on the current economic situation are also somewhat more upbeat in manufacturing and substantially more so in the construction industry. A turnaround on the labour market,...

Persistent link: https://www.econbiz.de/10004974812

Deficient Demand

Walterskirchen, Ewald - In: WIFO Monatsberichte (monthly reports) 76 (2003) 5, pp. 341-341

No signs are currently visible of a cyclical recovery in Europe. Survey results for Austria as for the whole EU suggest …

Persistent link: https://www.econbiz.de/10004975410

Cyclical Recovery Making Slow Progress

Walterskirchen, Ewald - In: WIFO Monatsberichte (monthly reports) 75 (2002) 6, pp. 357-358

. In Austria too, confidence in the business sector has been growing for months. In particular, production expectations and … last year. In an international comparison, Austria claims a high rank in terms of price stability: on the Harmonised … the changeover to euro cash money may have added to inflation, that has not been the case in Austria. As could be expected …

Persistent link: https://www.econbiz.de/10004975431

Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003

Walterskirchen, Ewald - In: WIFO Monatsberichte (monthly reports) 75 (2002) 10, pp. 619-620

The Austrian economy is set to grow by slightly less than 1 percent this year and by over 2 percent in 2003. The risks surrounding the recovery of the business cycle, to which WIFO had pointed in its forecast of last June, have materialised. The slide in stock market values has undermined...

Persistent link: https://www.econbiz.de/10004976238