Industrial Policy for a New Growth Model: A Toolbox for EU-CEE Countries

By: Bykova, Alexandra.

Contributor(s): Dobrinsky, Rumen | Grieveson, Richard | Grodzicki, Maciej J | Hanzl-Weiss, Doris | Hunya, Gabor | Korpar, Niko | Leitner, Sebastian | Moshammer, Bernhard | Sankot, Ondřej | Ströhm, Bernd Christoph | Tverdostup, Maryna | Zavarská, Zuzana.

Material type: materialTypeLabel

BookSeries: wiiw Research Reports: 469Publisher: Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2023Description: 145 S., 26 Tables, 50 Figures and 6 Boxes, 30cm.Subject(s): industrial policy | EU-CEE | convergence | transition | green | digitalCountries covered: Bulgaria | Croatia | Czechia | Estonia | EU-CEE | Hungary | Latvia | Lithuania | Poland | Romania | Slovakia | Sloveniawiiw Research Areas: International Trade, Competitiveness and FDI | Sectoral studiesClassification: L52 | O25 | F63 | L60 | P27 | O40 Online resources: Click here to access online Summary: The EU member states of Central Eastern Europe (EU-CEE) have experienced rapid convergence in the decades following their EU accession, and have built up strong export-oriented manufacturing sectors boosted by foreign direct investment inflows. While this growth model has brought many positives, there are indications that it is hitting its limits. Endogenous limits to EU-CEE’s growth model are exacerbated by exogenous challenges of the ‘twin’ (green and digital) transitions, and the fallout of the pandemic and Russian invasion of Ukraine. This reinforces the imperative for EU-CEE to transition to a more innovation-driven, new growth model, enabled by a comprehensive industrial policy. However, the EU-CEE countries have not only lacked a stable and strategic approach to industrial policy in their development paths, but also find themselves in a unique position due to EU membership. As a result, innovation and industrial policies are underdeveloped in the region. Based on an in-depth analysis of the industrial landscape and the industrial policy environment of the region, we propose eight pillars for creating a EU-CEE version of the entrepreneurial state.

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Item type	Current library	Call number	Status	Date due	Barcode
Paper	WIIW Library	5.600/469 (Browse shelf(Opens below))	Available		1000010006582

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Previous	5.600/466 CEFTA: Trade and Growth Patterns Fifteen Years since Establishment	5.600/467 The Future of EU Cohesion - Effects of the Twin Transition on Disparities across European Regions	5.600/468 Trade Balances and International Competitiveness in Cyber-physical, Digital Task-intensive, ICT Capital-intensive and Traditional Industries	5.600/469 Industrial Policy for a New Growth Model: A Toolbox for EU-CEE Countries	5.600/470 The Euro Area’s Achilles Heel: Reassessing Italy’s Long Decline in the Context of European Integration and Globalisation	5.600/471 Balancing Natural Resources and Human and Social Capital: Pathways to Economic Diversification in Mongolia	5.600/472 The Emissions Reduction Potential for Freight Transport on a High-speed Rail Line Along the ‘European Silk Road’	Next

The EU member states of Central Eastern Europe (EU-CEE) have experienced rapid convergence in the decades following their EU accession, and have built up strong export-oriented manufacturing sectors boosted by foreign direct investment inflows. While this growth model has brought many positives, there are indications that it is hitting its limits. Endogenous limits to EU-CEE’s growth model are exacerbated by exogenous challenges of the ‘twin’ (green and digital) transitions, and the fallout of the pandemic and Russian invasion of Ukraine.

This reinforces the imperative for EU-CEE to transition to a more innovation-driven, new growth model, enabled by a comprehensive industrial policy. However, the EU-CEE countries have not only lacked a stable and strategic approach to industrial policy in their development paths, but also find themselves in a unique position due to EU membership. As a result, innovation and industrial policies are underdeveloped in the region. Based on an in-depth analysis of the industrial landscape and the industrial policy environment of the region, we propose eight pillars for creating a EU-CEE version of the entrepreneurial state.

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