The external conditions facing the transition economies slightly improved on balance during the year 2004. The eight new EU member states of Central and Eastern Europe (NMS-8) recorded higher GDP growth (5% on average) than in the previous year, largely thanks to expanding domestic demand - in...

This paper analyses the contribution of immigration, trade and FDI to wage inequality of native workers in a sample of old and new EU Member States between 2008 and 2013. Methodologically, we use the regression-based Shapley value decomposition approach of Shorrocks (2013) to filter out their...

The external conditions facing the transition economies slightly improved on balance during the year 2004. The eight new EU member states of Central and Eastern Europe (NMS-8) recorded higher GDP growth (5% on average) than in the previous year, largely thanks to expanding domestic demand - in...

Hungary taking stock (by J. Kornai; pp. 1-12) Keywords economic policy, reform Countries covered Hungary Topics Macroeconomic Analysis and Policy Developments in trade and FDI in services in the Visegrad countries (by O. Pindyuk; pp. 13-20) Keywords trade, services, FDI Countries covered...

Trade and economic integration in the CIS an evaluation (by Vasily Astrov, Peter Havlik and Olga Pindyuk; pp. 1-3) Keywords trade, economic integration Countries covered CIS Topics International Trade, Competitiveness and FDI Volume and variety of intra-bloc trade in an expanded European Union...

Hungary suffers from a severe lack of credibility (by Sándor Richter; pp. 1-2) Keywords sovereign default, IMF Countries covered Hungary Topics Macroeconomic Analysis and Policy Russia's WTO accession impacts on Austria (by Vasily Astrov; pp. 3-11) Keywords WTO, trade, FDI Countries covered...

The elasticity of the new EU Member States’ imports implications for external rebalancing in Europe (by Leon Podkaminer) State aid and export competitiveness in the EU – first results (by Roman Stöllinger and Mario Holzner) European financial policy, as if banking mattered (Further notes on...

Please help us to improve the Statistical Annex by filling in the survey. Graph of the month Ukraine and Russia shares in exports and imports of selected countries, 2013, in % (p. 1) Opinion corner How realistic is the construction of the South Stream pipeline in the present circumstances? (by...

In the trade-technology-wage debate, the effects of the various forms of technical progress on relative factor prices have been addressed in a number of contributions over the past decade. However, the existing literature is far from conclusive. The various contributions either relied on...