Animal Spirits still Dimmed: Slow Recovery Expected
Contributor(s): Astrov, Vasily | Dobrinsky, Rumen | Gligorov, Vladimir | Hanzl-Weiss, Doris | Havlik, Peter | Holzner, Mario | Hunya, Gabor | Landesmann, Michael | Leitner, Sebastian | Pindyuk, Olga | Podkaminer, Leon | Richter, Sandor | Vidovic, Hermine.
Material type: BookSeries: wiiw Current Analyses and Forecasts: 12Publisher: Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2013Description: 162 S., 36 Tables and 35 Figures.ISBN: 978-3-85209-034-4.Subject(s): Central and East European new EU member states | competitiveness | debt | deleveraging | economic forecasts | employment | exchange rates | financial crisis | fiscal consolidation | foreign trade | International Trade, Competitiveness and FDI | Labour, Migration and Income Distribution | Macroeconomic Analysis and PolicyCountries covered: Albania | Bosnia and Herzegovina | Bulgaria | Central and East Europe | Central Europe | CIS | Croatia | Czech Republic | Eastern Europe | Estonia | EU | Hungary | Kazakhstan | Kosovo | Latvia | Lithuania | Macedonia | Montenegro | New Member States | Poland | Romania | Russia | SEE | Serbia | Slovakia | Slovenia | Southeast Europe | Turkey | UkraineClassification: C33 | C50 | E20 | E29 | F34 | G01 | G18 | O52 | O57 | P24 | P27 | P33 | P52 Online resources: Click here to access online 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 countries will experience a slowdown of growth. Over the next two years, growth will speed up, but will remain below potential for most CESEE countries except Kazakhstan and likely Turkey. The emerging institutional and policy framework in the EU that reflects unresolved dilemmas about the process of deepening may put in question the model of convergence growth. Widening of the EU is, in contrast, proceeding with Croatia acceding and the intention to start negotiations with Serbia being announced. However, given the worsening labour markets, social and political risks may be on the rise. These are the main results of the newly released medium-term growth forecast for the region by the Vienna Institute for International Economic Studies (wiiw).Item type | Current library | Call number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|
Paper | WIIW Library | 7.715/12 (Browse shelf(Opens below)) | Available | 10006125 |
Browsing WIIW shelves, Shelving location: Library Close shelf browser (Hides shelf browser)
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 countries will experience a slowdown of growth. Over the next two years, growth will speed up, but will remain below potential for most CESEE countries except Kazakhstan and likely Turkey. The emerging institutional and policy framework in the EU that reflects unresolved dilemmas about the process of deepening may put in question the model of convergence growth. Widening of the EU is, in contrast, proceeding with Croatia acceding and the intention to start negotiations with Serbia being announced. However, given the worsening labour markets, social and political risks may be on the rise. These are the main results of the newly released medium-term growth forecast for the region by the Vienna Institute for International Economic Studies (wiiw).