Das internationale Umfeld für die Wirtschaft der mittel-, ost- und südosteuropäischen Länder (MOSOEL) präsentiert sich als Kontrast zwischen wirtschaftlichem Aufschwung einerseits sowie politischer Unsicherheit und geopolitischen Spannungen andererseits. Kurzfristig setzen sich die...

MOSOE Konjunkturzenit überschritten Die jüngsten Statistiken deuten auf ein weiterhin robustes BIP-Wachstum in den meisten Ländern Mittel‑, Ost- und Südosteuropas (MOSOEL) hin. Der konjunkturelle Höhepunkt scheint allerdings bereits überschritten zu sein. Einerseits lässt die Dynamik...

Die Konjunktur in den mittel-, ost- und südosteuropäischen Ländern (MOSOEL) kühlt sich zwar ab, aber viel weniger als noch im Frühjahr erwartet Die Prognosen für heuer wurden für die Mehrheit der Länder nach oben revidiert. Vor allem in der EU-MOE-Region hat sich das Wachstum vom...

The study discusses conditions and prospects for fast and durable growth in emerging market economies. In the course of history less than 30 nations have become rich and still more than 80 per cent of the world population lives in the middle and low-income countries, some of them in extreme...

The protracted recession in the euro area will continue to be a drag on the economic growth of most CESEE countries in 2013. By and large, those countries are small open economies held hostage to the excessive fiscal austerity pursued in the euro area and the sluggish progress on the part of its...

This paper presents an empirical analysis of the economic growth paths in two groups of countries. The first group consists of ten Central and Eastern European (CEE) countries. The second group constitutes a benchmark and encompasses 29 emerging economies in other regions of the world. Our...

Alwyn Young (2000) provided evidence for distortions begetting distortions in a partially reformed economy by examining barriers to inter-provincial trade in China. His findings of increasing barriers to inter-provincial trade are based on five arguments. This paper critically examines each of...

In this paper we re-consider the role of factor inputs in determination of long-run growth for transition countries. For this purpose, we estimate cross-sectional growth equations using spatial econometric models. Investments in physical and human capital are found to be significant growth...

As Russia`s transition unfolds, the traditional national accounts concepts and reporting mechanisms become increasingly inadequate. As a result, the margin of error associated with basic price and quantity estimates widens substantially. A selection of key measurement and interpretation issues...

After the break-up of the Soviet Union, Uzbekistan`s output fell less than in any other former Soviet Republic, and growth turned positive in 1996/97. Given the country`s hesitant and idiosyncratic approach to reforms, this record has suprised many observers. This paper first shows that a...