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two years. It covers twelve transition countries Bulgaria, Croatia, the Czech Republic, Hungary, Macedonia (FYRM), Poland … provide a broader view. In the recent past, more or less all transition countries were confronted with a slowdown of economic … three of the transition countries considered in this report -- Hungary, Poland and Slovenia -- give the impression of having …
Persistent link: https://www.econbiz.de/10009649613
Despite the unfavourable external economic climate over the past three years, the transition countries have displayed a … slowdown threatening the transition countries' short- and medium-term growth prospects to any marked degree. Scheduled to join …, the situation in most countries in the Western Balkans remains precarious. The economies of the transition countries in …
Persistent link: https://www.econbiz.de/10009649619
After satisfactory performance of the transition countries in 2000, growth slowed down in 2001 as the external … contracted. This does not augur well for economic growth in the medium-term future. The contribution of foreign trade to GDP … advanced transition countries will remain relatively low (and the high Slovak deficit is expected to go down). In Yugoslavia …
Persistent link: https://www.econbiz.de/10009649621
This paper evaluates the global welfare impact of China's trade integration and technological change in a multi … toward its comparative disadvantage sectors. This finding is driven by the inherently multilateral nature of world trade. …
Persistent link: https://www.econbiz.de/10010815845
-Ukraine conflict; in particular the interruption of energy supplies, potential trade embargoes or additional interest rate risk premia …
Persistent link: https://www.econbiz.de/10010751986
-Ukraine conflict; in particular the interruption of energy supplies, potential trade embargoes or additional interest rate risk premia …
Persistent link: https://www.econbiz.de/10010753909
The Orange Revolution in the fall of 2004 built great hopes for a better future for Ukraine. However, three years later those hopes have been replaced by disappointment, frustration and confusion. Although progress in the areas of political freedom, pluralism, civil rights and freedom in the...
Persistent link: https://www.econbiz.de/10014212828
An Optimum Currency Area (OCA) is characterized by a group of countries for which forgoing the exchange rate mechanism, as an instrument of correcting asymmetric shocks, is compensated by other economic policy instruments. In this paper, we address the issue whether the CEEC are a part of a...
Persistent link: https://www.econbiz.de/10013111188
Europe, and deal with the changing role of the IMF in the region and the latest developments in foreign trade. …
Persistent link: https://www.econbiz.de/10004964275
trade, including a rise in demand for imports from the region. Increases in private consumption are not likely to be very … (i) a high degree of liberalization of trade, capital movements and financial market integration, and (ii) membership in …
Persistent link: https://www.econbiz.de/10008547915