The outlook for the world economy has improved in the course of 2010 and the recovery has gained strength in the EU as well. The Central, East and Southeast European countries (CESEE) have also recovered from the crisis; the majority of them recorded positive GDP growth. On average, the recent...

For 2011 the wiiw central scenario envisages further improvements in the economic performance of those countries that were still stagnating or contracting in 2010 (Bulgaria, Latvia, Romania, Croatia, Macedonia and Montenegro). However, in those countries that performed reasonably well in 2010...

Presentations at wiiw Spring Seminar 2003 Transition Countries Overview and Outlook (Leon Podkaminer) Fiscal and Financial Aspects of EU Enlargement the Issue of Transfers (Sándor Richter) Fiscal Implications of EU Enlargement for the CEECs (Roman Römisch) Lessons to be Learnt from Earlier...

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...

Czech Republic slow growth, a sign of strength? (by Josef Pöschl) Countries covered Czech Republic Hungary getting out of the deficit trap? (by Sándor Richter) Countries covered Hungary Poland strong exports, continuing fiscal disarray (by Leon Podkaminer) Countries covered Poland Russian...

Bulgaria steady growth (by Anton Mihailov) Countries covered Bulgaria Croatia trade deficit high again (by Hermine Vidovic) Countries covered Croatia Czech Republic after the flood (by Josef Pöschl) Countries covered Czech Republic Hungary growth driven by domestic demand (by Sandor Richter)...

New EU member countries joining the euro zone the criteria of demonstrable maturity (by Josef Pöschl) Countries covered New EU Member States Moldova Europe's poorhouse (by Roman Römisch) Countries covered Moldova Assessing the demand for food in Europe by the year 2010 (by Leon Podkaminer)...

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...

A few reflections on fiscal and monetary policy in the euro area (by J. Pöschl; pp. 1-3) Keywords fiscal policy, monetary policy, euro area Countries covered EU Topics Macroeconomic Analysis and Policy; International Trade, Competitiveness and FDI Unit labour costs, exchange rates and responses...

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...