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CESEE countries lag in terms of infrastructure compared to the EU15, and deficient infrastructure is often cited as a … constraint to growth and convergence. Investing in infrastructure is therefore an important long-standing policy issue for the … region. In the context of the Covid-19 pandemic, infrastructure investment has also gained some ground as economies look to …
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This paper analyses real income convergence in central, eastern and south-eastern Europe (CESEE) to the most advanced EU economies between 2000 and 2016. The relevance of this topic stems both from the far-reaching implications of real income convergence for economic welfare and the importance...
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Stress tests are the main practical tools of macroprudential oversight. This paper reviews the stress-testing practices of central banks in Central and South Eastern Europe (CSEECBs) and outlines the challenges in the area of stress testing going forward. The authors discuss good practice and...
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