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Austria's 15-year EU membership has been a success story. It gave Austria an additional growth impulse of 0.6 percentage points and facilitated the creation of 14,000 new jobs. The main difficulty in estimating these integration effects consists in taking account of several simultaneous events:...
Persistent link: https://www.econbiz.de/10008562701
Die Zukunft der Europäischen Union ist ohne die Osterweiterung nicht mehr vorstellbar. Mit ihr verbinden sich sowohl in den Beitrittsländern als auch bei den bisherigen Unionsmitgliedern große Hoffnungen. Beide Seiten versprechen sich ökonomische Vorteile und mehr wirtschaftlichen Wohlstand....
Persistent link: https://www.econbiz.de/10005014307
period 2015-2016, closely related to the damage caused by the floods this summer. Turkey will continue to register remarkable …
Persistent link: https://www.econbiz.de/10011019991
potential) EU candidate countries either. Output in those countries is not expected to grow faster than in the NMS. Turkey … the exception of Turkey, those countries seem to have put high inflation behind them. Nonetheless, their unemployment … figures continue to be dismal (less so only in Turkey). They will also run high (or even very high) current account deficits …
Persistent link: https://www.econbiz.de/10011199940
The outlook for the world economy has improved in the course of 2010 and the recovery has gained strength in the EU as well. The Central, East and Southeast European countries (CESEE) have also recovered from the crisis; the majority of them recorded positive GDP growth. On average, the recent...
Persistent link: https://www.econbiz.de/10008862167
For 2011 the wiiw central scenario envisages further improvements in the economic performance of those countries that were still stagnating or contracting in 2010 (Bulgaria, Latvia, Romania, Croatia, Macedonia and Montenegro). However, in those countries that performed reasonably well in 2010...
Persistent link: https://www.econbiz.de/10009146721
2011 (Turkey, the three Baltic countries and Kazakhstan), growth will also slow down. Poland, Slovakia, Ukraine and Russia …
Persistent link: https://www.econbiz.de/10010686219
euro area crisis (such as Russia, Poland, Ukraine and Turkey), growth dynamics progressively decelerated in the second half … the CESEE region the Baltic states, Russia, Kazakhstan and Turkey, which are less dependent on the troubled euro area and …
Persistent link: https://www.econbiz.de/10010686994
The Vienna Institute for International Economic Studies (wiiw) expects GDP in Central, East and Southeast Europe (CESEE) to pick up speed and grow on average by 2-3% over the forecast period 2014-2016 a major driving force rooted in an upward reversal of public and private investment. The...
Persistent link: https://www.econbiz.de/10010751986
remaining EU new member states as well as the Western Balkan countries will achieve only about half of this growth. Turkey … inter-country income gaps in a wide range of countries based on the availability of cheap finance which does no longer exist … restrictive. This will be followed by even more fiscal austerity, as it proves increasingly costly to finance fiscal deficits and …
Persistent link: https://www.econbiz.de/10010820235