MOEL im Sog der Krise (CEECs Falling Prey to the International Crisis) (Record no. 8605)

MARC details
000 -LEADER
fixed length control field 05021nam a22006497u 4500
001 - CONTROL NUMBER
control field pwiiw0674
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20260517120247.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 090531t2009 au ||||| |||||||| ||ger d
040 ## - CATALOGING SOURCE
Transcribing agency OSt
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title ger
084 ## - OTHER CLASSIFICATION NUMBER
Classification number P2
-- O57
-- E17
-- O4
Number source jelc
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Astrov, Vasily
245 10 - TITLE STATEMENT
Title MOEL im Sog der Krise (CEECs Falling Prey to the International Crisis)
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Wien :
Name of publisher, distributor, etc. Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw),
Date of publication, distribution, etc. 2009.
300 ## - PHYSICAL DESCRIPTION
Extent 14 S.,
Other physical details 6 Tables and 6 Figures,
Dimensions 30cm.
490 1# - SERIES STATEMENT
Series statement wiiw Research Reports in German Language
Volume/sequential designation 2009-05
520 ## - SUMMARY, ETC.
Summary, etc. (Reprint from: WIFO-Monatsberichte, Vol. 82, No. 5, May 2009)<br/><br/><br/><br/>Zusammenfassung<br/><br/><br/><br/>Die mittel- und osteuropäischen Länder (MOEL) sind spätestens seit September 2008 von der Krise der Weltwirtschaft ebenfalls betroffen. Vor allem die Industrieproduktion und der Außenhandel leiden unter den Folgen des Nachfrageeinbruchs. Das reale BIP-Wachstum verlangsamte sich zunächst deutlich und dürfte mittlerweile in fast allen Ländern von einem Rückgang abgelöst worden sein. Die Verschlechterung der Wirtschaftslage bewirkte eine deutliche Erhöhung der Arbeitslosigkeit. Die öffentlichen und die privaten Haushalte sowie die Unternehmen und Banken stehen unter Druck, der zunehmen wird, sollte die Weltwirtschaftskrise von längerer Dauer sein. Die Unterschiede zwischen den einzelnen Ländern sind jedoch substantiell, da in jedem Land spezielle krisenabschwächende oder -verstärkende Faktoren eine Rolle spielen. Gravierend dürfte die Rezession in jenen Ländern ausfallen, die durch hohe makroökonomische Ungleichgewichte gekennzeichnet sind (Ungarn, baltische Länder) oder eine rückständige Exportstruktur aufweisen (Ukraine).<br/><br/><br/><br/><br/><br/>English Summary<br/><br/>CEECs Falling Prey to the International Crisis<br/><br/><br/><br/>The current global financial and economic crisis has been spilling over to the Central and Eastern European countries (CEECs). After several years of economic prosperity in most of these countries, activities of the real economy have slowed down. The crisis has reached the region on two tracks. More difficult and costly access to borrowing (first track) exerts a negative impact on private consumption, especially with regard to demand for durable consumer goods, such as cars, on private investment (both in construction and equipment), and, finally, on foreign trade. At the same time, CEE exports are suffering from the recession in the EU 15 (second track), above all in Germany, the main trading partner for most of the CEECs. Industrial output and export data both reflect the depth of the economic downturn.<br/><br/><br/><br/>Inflation had been on the rise up to mid-2008, but decelerated afterwards, with cases of zero month-on-month inflation frequently seen in CEECs. At least, this is true for euro countries and countries with a fixed currency peg. In others, the currency depreciated after September 2008, which also led to significant real depreciation. CEECs with notoriously large current-account deficits are in a dilemma, as sources of external financing have become scarce. The same is true for countries where a wide gap between interest rates for domestic and foreign borrowing had seduced the private sector to accumulate large volumes of debt denominated in foreign currency. Governments were bound by fiscal discipline in recent years, but deficits will increase in 2009 and 2010 in an environment of low revenues, high expenditures and high unemployment. Apart from Russia, these countries have only limited means to implement economic stimulus packages. As internal sources will not be able to generate a great deal of additional demand, the CEECs will have to wait for spillovers from an improving business climate in the rest of the world.<br/>
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element transitional economies
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element comparative study
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element economic growth
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element fiscal and monetary policy
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element macroeconomic forecast
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element macroeconomic analysis
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Albania
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Bosnia and Herzegovina
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Bulgaria
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Visegrad countries
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Croatia
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Czechia
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Estonia
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Hungary
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Kazakhstan
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Latvia
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Lithuania
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name North Macedonia
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Montenegro
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Poland
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Romania
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Russia
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name SEE
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Serbia
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Slovakia
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Slovenia
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Turkey
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Ukraine
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Baltic States
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Macroeconomic Analysis and Policy
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element International Trade, Competitiveness and FDI
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Labour, Migration and Income Distribution
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Macroeconomic Analysis and Policy
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Sectoral studies
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Pöschl, Josef
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Volume/sequential designation 2009-05
Bibliographic record control number WIIW0000108
Title of a work wiiw Research Reports in German Language
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://wiiw.ac.at/p-674.html">https://wiiw.ac.at/p-674.html</a>
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Paper
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Shelving location Date acquired Inventory number Total Checkouts Barcode Date last seen Price effective from Koha item type
        WIIW WIIW Library 05/31/2009 pwiiw0674   1000010000674 05/31/2009 11/21/2018 Paper
The Vienna Instiute for International Economic Studies (wiiw)