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After satisfactory performance of the transition countries in 2000, their growth slowed down in 2001 as the external conditions deteriorated. This tendency was checked in the second half of 2002. Industrial production and exports have generally strengthened since then - though in some countries...
Persistent link: https://www.econbiz.de/10012100029
Despite the unfavourable external economic climate over the past three years, the transition countries have displayed a reasonably good growth performance. The region as a whole has expanded more rapidly than the EU; it is also catching up in terms of productivity - especially in manufacturing....
Persistent link: https://www.econbiz.de/10012100033
The transition countries approach EU enlargement with GDP growth outperforming the 'old' EU. In 2003, Poland's economy resumed quite strong growth after two years of stagnation. Growth accelerated also in the Czech Republic, while it experienced some moderate slowdown in Romania, Bulgaria,...
Persistent link: https://www.econbiz.de/10012100039
This wiiw report reviews the economic situation in the new EU member states, in the countries of Southeast Europe, in Belarus, Russia and Ukraine as well as in China. For each country, it provides a forecast relating to GDP growth, inflation, unemployment and current accounts in 2004 and 2005....
Persistent link: https://www.econbiz.de/10012100044
The external conditions facing the transition economies slightly improved on balance during the year 2004. The eight new EU member states of Central and Eastern Europe (NMS-8) recorded higher GDP growth (5% on average) than in the previous year, largely thanks to expanding domestic demand - in...
Persistent link: https://www.econbiz.de/10012100050
In their first year of EU membership, the new EU member states recorded higher GDP growth (5% on average) than in the previous year, largely thanks to expanding domestic demand - in particular of investment and of private consumption. In 2004 GDP growth accelerated also in Austria, in line with...
Persistent link: https://www.econbiz.de/10012100054
· Grouping the regions of the EU-15 and the new member states (NMS, including Bulgaria and Romania) into five clusters according to the relative importance of broad sectors of activity reveals marked differences in the regional economic structure and development. · In capital cities throughout...
Persistent link: https://www.econbiz.de/10012100055
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...
Persistent link: https://www.econbiz.de/10012100056
In 2005 most of the new EU member states (NMS) performed even better than in 2004. They have successfully managed the accession to the EU and gained the ability to grow fast despite the anaemic performance of the old EU. FDI inflows reached a record high. In the coming two years, economic...
Persistent link: https://www.econbiz.de/10012100061
Under favourable external conditions, the economies of the New EU Member States (NMS) fared even better in the first quarter of 2006 than in 2005. Investment accelerated sharply and industry is proving buoyant. Labour productivity has registered strong gains, unit labour costs declined. This is...
Persistent link: https://www.econbiz.de/10012100064