G20 and Emerging Europe: Is There Anything Left for the EU to Do?

Gligorov, Vladimir

G20 and Emerging Europe: Is There Anything Left for the EU to Do? - Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2009. - 5 S., 30cm. - wiiw Policy Notes and Reports 3 . - wiiw Policy Notes and Reports 3 .

This piece argues that three specific policy issues need to be addressed urgently in Central, Eastern and Southeastern Europe in order to avoid a sustained period of recession or depression: (i) orderly exchange rate adjustment (ii) fiscal stress and (iii) financial sector vulnerability. The G-20 Declaration supports significantly the role of the IMF in the current crisis, but there is a need for an additional determined effort by the EU.



Visegrad countries
European Union
New EU Member States
SEE
The Vienna Instiute for International Economic Studies (wiiw)