A structural decomposition of international trade (by J.F. Francois and J. Wörz; pp. 1-7) Keywords international trade, trade intensity, manufacturing Countries covered EU, CEE, OECD, East Asia Topics International Trade, Competitiveness and FDI Migration, skills and productivity (by P. Huber...

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...

The intensity of competition in Central, Eastern and Southeast Europe stylized facts and repercussions for sectoral price developments (by M. Feldkircher, R. Martin and J. Wörz; pp. 1-7) Keywords inflation, mark-ups, competition, concentration Countries covered CEE, SEE Topics Macroeconomic...

Albania high but powerless growth (by Mario Holzner, p. 1) Patterns of trade specialization in CEECs (by Julia Wörz, p. 11) Economic consequences of the Schengen Treaty for labour markets in the Polish borderland regions (by Marcin Peterlik and Bohdan Wyzniekiewicz, p. 18) Selected monthly data...

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,...

The dark side of the Balkans (the shadow economy in Southeastern Europe) (by Edward Christie and Mario Holzner) Are CEECs trapped in low-quality export specialization? (by Uwe Dullek, Neil Foster, Robert Stehrer and Julia Wörz) Do interest rate differentials determine the movements in the...

Inflation, exchange rates and the real catch-up (by Leon Podkaminer) Specialization patterns in CEEC manufacturing (by Julia Wörz) Agriculture in transition countries in 2003 hit by the drought (by Zdenek Lukas) Selected monthly data on the economic situation in ten transition countries, 2002...

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...