Focusing on Austria and five countries in Central Europe [the Czech Republic, Hungary, Poland, Slovakia and Slovenia (CEC-5)], the paper reviews selected economic developments related to the enlargement of the European Union. Over the past decade, Austria has enjoyed disproportionate gains from...

The EU, on the one hand, and Russia and Ukraine, on the other, are very unequal partners in nearly all respects - a fact manifesting itself also in their economic relations. The EU is a relatively important trading partner for Russia and (although less so) for Ukraine. However, apart from being...

Focusing on Austria and five countries in Central Europe [the Czech Republic, Hungary, Poland, Slovakia and Slovenia (CEC-5)], the paper reviews selected economic developments related to the enlargement of the European Union. Over the past decade, Austria has enjoyed disproportionate gains from...

The EU, on the one hand, and Russia and Ukraine, on the other, are very unequal partners in nearly all respects - a fact manifesting itself also in their economic relations. The EU is a relatively important trading partner for Russia and (although less so) for Ukraine. However, apart from being...

Foreign direct investment (FDI) has been the main driver of restructuring and modernisation in Central and Eastern Europe. This paper looks into FDI stocks and flows in a dynamic and cross-country perspective, comparing the key EAEU countries (Belarus, Kazakhstan and Russia) as well as DCFTA...

Georgia has long been one of the most trade-open economies in the world. It joined WTO in 2000 and currently has a free trade agreement with the EU and EFTA, as well as with Turkey, the CIS and China. Georgia has been also one of the most business-friendly countries. The basic objectives of...

This paper analyses various aspects of industrial restructuring across all ten Central and East European (CEE) candidate countries for EU membership during the last decade and provides also some comparisons with current EU Member States. The impressive structural adjustments that have taken...

The FDI inflow to Central, East and Southeast Europe reached a new high in 2006, EUR 77 billion, 30% more than in the previous year. But the FDI inflow and its growth were unevenly distributed. The inflow was stagnating in the NMS-5 but increasing in Southeast Europe and the European CIS. This...

FDI inflows reached a new high in 2007 in the CEEC region as a whole. Within the region, the shift of new investments to the East continued: a decline or at best stagnation was recorded in the NMS, modest growth in Southeast Europe, and a boom in the CIS. For the first time, the four European...