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very high productivity growth may have larger Balassa-Samuelson effects, resulting in higher steady state inflation rates … government finances at the cost of short-term deterioration to their fiscal deficits. The example of Slovakia is used to … 2005 OECD Economic Survey of the Slovak Republic (www.oecd.org/eco/surveys/slovakia). …
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After nearly fifteen years of transition, the countries of Central Europe have entered the European Union on 1 May 2004. For the four countries that are members of the OECD (Czech Republic, Hungary, Poland and Slovak Republic), accession follows multiyear efforts of economic stabilisation and...
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A key objective of the Central European Economies (CEE) on their transition path from planned to more market-oriented economies has been membership of the European Union (EU). The start of Economic and Monetary Union (EMU) in 1999 has added membership of the EMU to the agenda for the CEEs. The...
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