Abstract The patterns of Central and East European countries’ (CEECs) development in the course of transition and following EU accession have been determined by these countries’ generally uncritical adoption of policies consistent first with the commandments of the Washington Consensus and...

The European Commission grossly underestimates the effects of German domestic demand expansion (by Leon Podkaminer; pp. 1-2) Keywords income elasticity of imports, external imbalances Countries covered Germany, EU Topics Macroeconomic Analysis and Policy, International Trade, Competitiveness and...

New EU member countries joining the euro zone the criteria of demonstrable maturity (by Josef Pöschl) Countries covered New EU Member States Moldova Europe's poorhouse (by Roman Römisch) Countries covered Moldova Assessing the demand for food in Europe by the year 2010 (by Leon Podkaminer)...

The Czech Republic high growth likely to slow down (by Leon Podkaminer, pp. 1-3) Countries covered Czech Republic Topics Macroeconomic Analysis, Forecasts and Policy Hungary convergence programme revised (by Sándor Richter, pp. 4-6) Countries covered Hungary Topics Macroeconomic Analysis,...

Inflation, exchange rates and the real catch-up (by Leon Podkaminer) Specialization patterns in CEEC manufacturing (by Julia Wörz) Agriculture in transition countries in 2003 hit by the drought (by Zdenek Lukas) Selected monthly data on the economic situation in ten transition countries, 2002...

Real convergence and real appreciation the Czech experience (by Ales Čapek, p. 1) CEE agriculture in an enlarged EU a hard landing ahead? (by Lukas Zdenek, p. 8) The evolution of inequality in Poland (by Leon Podkaminer, p. 12) Selected monthly data on the economic situation in ten transition...

Bulgaria economic sluggishness expected to drag on (by Rumen Dobrinsky; pp. 1-3) Keywords economic forecasts, GDP growth, inflation Countries covered Bulgaria Topics Macroeconomic Analysis and Policy Czech Republic deepening recession(by Leon Podkaminer; pp. 4-6) Keywords economic forecasts, GDP...

European Comparison Project data (years 1999-2008) are used for an estimation of cross-country systems (AIDS) of consumer demand functions defined over durable and non-durable tradable goods and non-tradable services. General exchange equilibrium models of inter-EU trade generate equalized...

A few reflections on fiscal and monetary policy in the euro area (by J. Pöschl; pp. 1-3) Keywords fiscal policy, monetary policy, euro area Countries covered EU Topics Macroeconomic Analysis and Policy; International Trade, Competitiveness and FDI Unit labour costs, exchange rates and responses...

Relative to consumer services, consumer goods tend to be cheaper in richer European countries. This tendency, customarily explained in terms of cost developments and/or foreign-trade considerations, can be a reflection of a demand-side regularity. An econometrically specified cross-country...