This paper examines current account developments in different country groups amongst the lower- and medium-income European economies (LMIEs) both prior to the crisis and following it. The Baltic countries, the Western Balkan as well as the Southern EU countries (Greece, Portugal and Spain)...

The aim of this study is to analyse the state of the competitiveness of seven Western Balkan economies and to suggest policy recommendations in order to increase their capacity to compete. Most countries from the Western Balkans have a persistent current account deficit of about 10% of GDP which...

Die meisten Westbalkanländer haben ein hohes und in der Regel persistentes Leistungsbilanzdefizit von annähernd 10% des BIP. Reduktionen des Leistungsbilanzdefizits der letzten Jahre sind vor allem auf krisenhafte Importzurückhaltung zurückzuführen. Das durchschnittliche Westbalkanland (im...

Table Overview 2013 and outlook 2014-2016 (p. 1) Figure 2013 estimate and 2014 forecast for CESEE growth drivers (p. 2) Bulgaria upcoming early elections take centre stage (by Rumen Dobrinsky; p. 3) Croatia recession continues (by Hermine Vidovic; p. 4) Czech Republic fiscal relaxation to...

The automotive industry in the New Member States a brief review (by Doris Hanzl; pp. 1-5) Keywords automotive industry, foreign direct investment Countries covered New EU Member States Topics Sectoral studies; International Trade, Competitiveness and FDI Migration plans and expected length of...

Unit labour cost developments in the EU a structural analysis (by Michael Landesmann and Doris Hanzl-Weiss; pp. 1-9) Keywords unit labour costs rebalancing, competitiveness Countries covered European Union Topics International Trade, Competitiveness and FDI The various ‘faces’ of the EU...