Please help us to improve the Statistical Annex by filling in the survey. Graph of the month Ukraine and Russia shares in exports and imports of selected countries, 2013, in % (p. 1) Opinion corner How realistic is the construction of the South Stream pipeline in the present circumstances? (by...

After the Visegrad countries’ accession to the EU in 2004, one of the most remarkable developments was the sudden upturn in their mutual trade. In 2007 the value of aggregate intra-Visegrad trade was two and a half times higher than in 2003. The rate of growth in these countries’ trade with...

Relocation is a way of reducing costs, thus increasing competitiveness, by splitting production and services between countries. The main argument kindling the relocation debate suggests that moving abroad generates job losses in the home country, while production and job gains appear only in the...

Romania will become a member of the European Union in 2007 or 2008. This paper explores the potential impacts of this step on Austria in three major fields foreign trade, FDI and labour market. Romania is a more backward country than those which joined the EU in 2004, but it has been on a path...

The paper starts with a discussion of the development of the number of manufacturing sector jobs in the framework of economic transformation and industrial restructuring in Central and Eastern Europe. Over the past decade, domestically-owned manufacturing companies reduced the number employed...

This study presents a concise analysis of the macroeconomic developments in four cohesion countries (CCs) Greece, Ireland, Portugal and Spain, from 1960 to 2000. Special attention is being paid to the economic performance of these countries after their accession to the European Union (EU). The...

Sustainable growth in catching-up countries requires the widening of the foreign trade bottleneck. It is however not clear whether two prescriptions aiming at solving this problem greater exchange rate flexibility and the liberalization of the capital market, are in reality not contradictory....

The report gives an overview of the overall trends in output and employment in Croatia, and of the country's fiscal and external sectors. It concentrates in more detail on the manufacturing sector and its competitiveness in comparison with developments in other Central, East and Southeast...

Southeast Europe (SEE) has been lagging in transition and development. For political, security and institutional reasons, it has developed in a non-standard way. However, the prospects for reforms and growth are now better than they have been in a decade, if not longer. There are positive...

Twenty years of transition (by S. Richter; pp. 1-8) Keywords transition Countries covered New EU Member States Topics Macroeconomic Analysis, Forecasts and Policy Vertical integration of trade with China (by R. Stöllinger; pp. 9-13) Keywords trade, integration Countries covered China, EU-27...