(Reprint from WIFO-Monatsberichte, Vol. 86, No. 5, May 2013) Zusammenfassung Wachstumsbeschleunigung dank Investitionswende in Mittel-, Ost- und Südosteuropa Das Wirtschaftswachstum wird sich in den mittel-, ost- und südosteuropäischen Ländern 2014 bis 2016 verstärken und durchschnittlich...

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...

Summary Continued weak external demand and uncertain recovery of investments will allow for only modest growth prospects for the countries of Central, East and Southeast Europe (CESEE) this year. Slovenia, Croatia and the Czech Republic will remain in recession. Russia, Ukraine and the Baltic...

This paper seeks to analyse the state of rail and road transport infrastructure in the Southeast European Countries (SEECs). The paper is structured in four parts. Part one summarises theoretical findings and international empirical evidence on the theory of the ‘Big Push’, on the issues of...

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...

The paper analyses the joint determinants of inequality and growth with a special emphasis on public spending structures in transition. The mutual benefit of low real interest rates, to both equity and economic development is a major result of this paper. In terms of public spending items we...

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...

Summary German (PDF) Summary French (PDF) The objective of this study is to analyse employment developments in the gas and electricity sectors in seven Western Balkan Contracting Parties of the Energy Community. These are Albania, Bosnia and Herzegovina, Croatia, the former Yugoslav Republic of...

The intensity of competition in Central, Eastern and Southeast Europe stylized facts and repercussions for sectoral price developments (by M. Feldkircher, R. Martin and J. Wörz; pp. 1-7) Keywords inflation, mark-ups, competition, concentration Countries covered CEE, SEE Topics Macroeconomic...

Graph of the month Corporatism and changes in the adjusted wage share in GDP and in the unemployment rate (p. 1) Opinion corner Two views on Piketty (by Vladimir Gligorov and Mario Holzner; pp. 2 3) Corporatism and the wage share in Western economies and in CESEE (by Mario Holzner; pp. 4-8 )...