The 1st of May 2007 marked the third anniversary of the accession of the new member states (NMS) to the European Union the economic balance of the first three years is a clear success for the whole EU. Over the period 2001-2003 GDP in the NMS had increased by 3.1% per year on average; over the...

In an international comparison, CEECs show a relatively strong economic growth performance coming close to that of the first and second tier of Asian Tiger countries over the past decade, which emerge as the best growth performers (setting aside China). In recent years the CEECs' dynamic growth...

In 2005 most of the new EU member states (NMS) performed even better than in 2004. They have successfully managed the accession to the EU and gained the ability to grow fast despite the anaemic performance of the old EU. FDI inflows reached a record high. In the coming two years, economic...

This report analyses the link between the industrial allocation of FDI and economic development, using a newly constructed data set on industrial FDI stocks for six individual manufacturing industries (food, textiles/wood, petroleum/chemicals/rubber/plastics, metals/mechanical products,...

This report investigates the impact of trade structure and trade specialization on long-run development patterns in a heterogeneous set of countries, including most OECD countries, developing and rapidly industrializing Asian and Latin American countries as well as ten Central and Eastern...

This report counter-poses the patterns of trade specialization and trade diversification of two groups of economies the new member states of the European Union, NMS, and the follower countries of the Soviet Union, the NIS (Newly Independent States). It is shown that the NIS export structures are...

The study provides new empirical evidence about migration patterns of immigrants from Serbia and Bosnia and Herzegovina in Austria before and after the free visa regime implemented from January 2010 and January 2011 respectively for the two groups of migrants. In this framework a new survey was...

Abstract This paper analyses developments in production structures in pre-crisis and during the crisis years in the range of EU ‘peripheral economies’ (i.e. the lower- and medium-income economies in the South and the Centre/East). The emphasis is on the development of the tradable sector...

The present economic crisis bears all the familiar hallmarks of the financial, debt-related and structural aspects of current account crises. All these aspects have lasting level effects and recovery can be very protracted. Export-led growth was an important feature of the recovery period...

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...