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The Russian invasion of Ukraine has triggered a humanitarian, economic, financial and political crisis that will reverberate across Europe. In this Policy Note we analyse the short- and medium-term implications of the conflict. We find that the most severe economic and financial impact will be...
Persistent link: https://www.econbiz.de/10013172505
It remains unclear whether or not Russia will actually invade Ukraine, and if it does so, what form this invasion will take. In this note, we outline two broad scenarios: targeted strikes by Russia in Ukraine accompanied by further non-military destabilisation efforts, or a full invasion, and we...
Persistent link: https://www.econbiz.de/10012813266
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This Policy Note reports on the analyses undertaken in a number of wiiw Working Papers that are the output of two projects financed by the Anniversary Fund of the Austrian National Bank (Project no. 18474 and no. 17166). Four of the papers are based on survey data from the FIMAS dataset, which...
Persistent link: https://www.econbiz.de/10014442001
The Visegrád economies have been hit hard by the COVID-19 pandemic, especially its second wave. In response, macroeconomic policies have been markedly relaxed, with fiscal stimulus packages reaching up to 14% of GDP in Poland and Czechia. The projected recovery of the Visegrád economies from...
Persistent link: https://www.econbiz.de/10012432243
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Although China has become a major trading partner of the EU, the EU-China relationship has deteriorated over the last decade. This has been demonstrated, for example, by disputes over trade issues, unequal treatment of EU investors by Beijing, frictions over the transfer of intellectual...
Persistent link: https://www.econbiz.de/10014239997
Persistent link: https://www.econbiz.de/10012023396
As Ukraine must fight against an aggressor with an economy more than 10 times larger, its own resources have been far from sufficient to finance all its needs, which in turn has forced the country to rely on significant external financial support. Unfortunately, there have recently been...
Persistent link: https://www.econbiz.de/10015132910
Persistent link: https://www.econbiz.de/10011855797