Enhancing Income Convergence In Central Europe After Eu Accession

Download Enhancing Income Convergence In Central Europe After Eu Accession full books in PDF, epub, and Kindle. Read online Enhancing Income Convergence In Central Europe After Eu Accession ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Enhancing Income Convergence in Central Europe After EU Accession

Author : Patrick Lenain
Publisher :
ISBN 13 :
Total Pages : 21 pages
Book Rating : 4.:/5 (224 download)

DOWNLOAD NOW!

Book Synopsis Enhancing Income Convergence in Central Europe After EU Accession by : Patrick Lenain

Download or read book Enhancing Income Convergence in Central Europe After EU Accession written by Patrick Lenain and published by . This book was released on 2004 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: "After nearly fifteen years of transition, the countries of Central Europe have entered the European Union on 1 May 2004. The present chapter examines the consequences of this event for the four acceding countries that are members of the OECD (Czech Republic, Hungary, Poland and Slovak Republic) ... It is hoped that membership in the European Union (EU) will not only lock in the progress achieved so far, but will also speed up the convergence of GDP per capita to western European levels .. The income gaps that would have to be bridged to fulfil these hopes are large in comparison to those of prior EU entrants." -- P. 5.

Enhancing Income Convergence in Central Europe After EU Accession

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (887 download)

DOWNLOAD NOW!

Book Synopsis Enhancing Income Convergence in Central Europe After EU Accession by :

Download or read book Enhancing Income Convergence in Central Europe After EU Accession written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Does EU Membership Facilitate Convergence? The Experience of the EU's Eastern Enlargement - Volume I

Author : Michael Landesmann
Publisher : Springer Nature
ISBN 13 : 3030576868
Total Pages : 328 pages
Book Rating : 4.0/5 (35 download)

DOWNLOAD NOW!

Book Synopsis Does EU Membership Facilitate Convergence? The Experience of the EU's Eastern Enlargement - Volume I by : Michael Landesmann

Download or read book Does EU Membership Facilitate Convergence? The Experience of the EU's Eastern Enlargement - Volume I written by Michael Landesmann and published by Springer Nature. This book was released on 2021-02-11 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume analyses how EU membership influenced the convergence process of member countries in the Baltics, Central-Eastern and South-Eastern Europe. It also explores countries that are candidates for future EU membership. The speed of convergence of significant groups of low- and medium-income countries has never been as fast globally as it is today. Contributions by lead researchers of the area explore whether these countries are converging faster than their fundamentals and global trends would suggest because of EU membership, with its much tighter institutional and political anchorage

Real Convergence to EU Income Levels

Author : Mr.Peter Doyle
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451856644
Total Pages : 0 pages
Book Rating : 4.8/5 (566 download)

DOWNLOAD NOW!

Book Synopsis Real Convergence to EU Income Levels by : Mr.Peter Doyle

Download or read book Real Convergence to EU Income Levels written by Mr.Peter Doyle and published by INTERNATIONAL MONETARY FUND. This book was released on 2001-09-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper discusses factors likely to shape the nature and pace of economic growth of five Central European transition countries now engaged in accession to the European Union. It is organized around the standard growth accounting framework. The paper reviews the growth of these countries since 1990 and draws lessons from the growth experiences of other regions since the 1950s, shedding light on long-term growth prospects for these countries. It discusses a set of growth calculations and highlights the key uncertainties in them.

Real Convergence in Central, Eastern and South-eastern Europe

Author :
Publisher :
ISBN 13 : 9789289933711
Total Pages : 54 pages
Book Rating : 4.9/5 (337 download)

DOWNLOAD NOW!

Book Synopsis Real Convergence in Central, Eastern and South-eastern Europe by :

Download or read book Real Convergence in Central, Eastern and South-eastern Europe written by and published by . This book was released on 2018 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses real income convergence in central, eastern and south-eastern Europe (CESEE) to the most advanced EU economies between 2000 and 2016. The relevance of this topic stems both from the far-reaching implications of real income convergence for economic welfare and the importance of convergence for economic and monetary integration with, and within the European Union. The paper establishes stylised facts of convergence, analyses the drivers of economic growth and identifies factors that might explain the differences between fast- and slow-converging economies in the region. The results show that the most successful CESEE economies in terms of the pace of convergence share common characteristics such as, inter alia, a strong improvement in institutional quality and human capital, more outward-oriented economic policies, favourable demographic developments and the quick reallocation of labour from agriculture into other sectors. Looking ahead, accelerating and sustaining convergence in the region will require further efforts to enhance institutional quality and innovation, reinvigorate investment, and address the adverse impact of population ageing.

European Integration and Income Convergence

Author : Carmela Martín
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!

Book Synopsis European Integration and Income Convergence by : Carmela Martín

Download or read book European Integration and Income Convergence written by Carmela Martín and published by . This book was released on 2001 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The prospect of enlarging the European Union (EU) to Central and Eastern European countries with income levels far below those of present members, questions how, and when the candidates' aspiration to converge towards EU standards of living, could possibly by fulfilled. To address these questions, this paper seeks to assess of the convergence experience of the four less developed EU members, i.e., Spain, Portugal, Ireland, and Greece, after joining the EU, and, to explore what lessons can be learned from that experience. The discussion suggests that, while theoretically possible, there is little empirical reason to fear that European integration would cause economies to diverge. Rather than being spontaneous, however, real convergence would seem to depend crucially, on the capacity of countries to tap international technological spillovers, particularly through foreign direct investment. Macroeconomic stability, effective competition on goods, and factor markets, and, a good human capital endowment are essential to harness benefits. Nonetheless, lingering worries about the possibility that integration would lead to real divergence between countries, or regions of Europe, has led to the creation of large transfers under the EU's Regional Policy. Pending more conclusive evidence of their effectiveness, the candidate countries would seem wise to put greater store by those domestic policies, than by EU grants to fuel their convergence.

Economic Convergence in the Euro Area: Coming Together or Drifting Apart?

Author : Mr.Jeffrey R. Franks
Publisher : International Monetary Fund
ISBN 13 : 1484338499
Total Pages : 47 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis Economic Convergence in the Euro Area: Coming Together or Drifting Apart? by : Mr.Jeffrey R. Franks

Download or read book Economic Convergence in the Euro Area: Coming Together or Drifting Apart? written by Mr.Jeffrey R. Franks and published by International Monetary Fund. This book was released on 2018-01-23 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine economic convergence among euro area countries on multiple dimensions. While there was nominal convergence of inflation and interest rates, real convergence of per capita income levels has not occurred among the original euro area members since the advent of the common currency. Income convergence stagnated in the early years of the common currency and has reversed in the wake of the global economic crisis. New euro area members, in contrast, have seen real income convergence. Business cycles became more synchronized, but the amplitude of those cycles diverged. Financial cycles showed a similar pattern: sychronizing more over time, but with divergent amplitudes. Income convergence requires reforms boosting productivity growth in lagging countries, while cyclical and financial convergence can be enhanced by measures to improve national and euro area fiscal policies, together with steps to deepen the single market.

EU Accession of Central and Eastern Europe

Author : Luca Barbone
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!

Book Synopsis EU Accession of Central and Eastern Europe by : Luca Barbone

Download or read book EU Accession of Central and Eastern Europe written by Luca Barbone and published by . This book was released on 2016 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The countries of Central and Eastern Europe (CEE) have much to gain from implementing policies that increase investment, support the development of human capital, and promote the legal, regulatory, and policy framework needed for market mechanisms to function. The faster they implement such changes, the faster they will bridge the income gap between them and the countries of the European Union - and the more likely their chances of successful integration.Joining the European Union (EU) is perhaps the key political and economic objective of Central and Eastern European (CEE) countries as they approach the 21st century. But how successful the CEE countries are in achieving this goal depends not only on how well and quickly they adapt their legal and regulatory systems to EU requirements but on how well and quickly they bridge the wide income gaps between CEE and EU countries.Using a model and cross-section data to develop estimates, Barbone and Zalduendo investigate how appropriate structural policies adopted before and after accession to the EU can help CEE countries bridge this income gap.They have much to gain from implementing policies that increase investment, support the development of human capital, and promote the legal, regulatory, and policy framework needed for market mechanisms to function.The faster they implement such changes, the faster they will bridge the income gap between them and the EU countries - and the more likely their accession to the EU will be successful.This paper - a product of Country Department II, Europe and Central Asia - is part of a larger effort in the department to examine issues related to accession to EU by Central and Eastern European countries. Luca Barbone may be contacted at [email protected].

Emigration and Its Economic Impact on Eastern Europe

Author : Mr.Ruben V Atoyan
Publisher : International Monetary Fund
ISBN 13 : 1475576366
Total Pages : 48 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!

Book Synopsis Emigration and Its Economic Impact on Eastern Europe by : Mr.Ruben V Atoyan

Download or read book Emigration and Its Economic Impact on Eastern Europe written by Mr.Ruben V Atoyan and published by International Monetary Fund. This book was released on 2016-07-20 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the impact of large and persistent emigration from Eastern European countries over the past 25 years on these countries’ growth and income convergence to advanced Europe. While emigration has likely benefited migrants themselves, the receiving countries and the EU as a whole, its impact on sending countries’ economies has been largely negative. The analysis suggests that labor outflows, particularly of skilled workers, lowered productivity growth, pushed up wages, and slowed growth and income convergence. At the same time, while remittance inflows supported financial deepening, consumption and investment in some countries, they also reduced incentives to work and led to exchange rate appreciations, eroding competiveness. The departure of the young also added to the fiscal pressures of already aging populations in Eastern Europe. The paper concludes with policy recommendations for sending countries to mitigate the negative impact of emigration on their economies, and the EU-wide initiatives that could support these efforts.

Five Years of an Enlarged EU

Author : Filip Keereman
Publisher : Springer Science & Business Media
ISBN 13 : 3642125166
Total Pages : 275 pages
Book Rating : 4.6/5 (421 download)

DOWNLOAD NOW!

Book Synopsis Five Years of an Enlarged EU by : Filip Keereman

Download or read book Five Years of an Enlarged EU written by Filip Keereman and published by Springer Science & Business Media. This book was released on 2010-07-23 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fifth Enlargement that took place in 2004 and 2007 was a milestone in the history of the European Union. Not only because of the large number of acceding countries but also because of their recent political and economic experience. Ten of them had undergone a profound transition from a totalitarian regime to democracy, and from a centrally planned economy to a market-based system. Most of them had income levels signi?cantly below those of the then EU-15. Now, 6 years later, we can clearly see that the process of European integration, both before and after 2004, was what enabled Europe to overcome the gaps between various parts of the continent. The enlargement made Europe a better and wealthier place and streng- ened its position in the world. Integration into the European Union has always been one of the strongest incentives for reform in the new Member States. Particularly important in my view have been the development of ?nancial markets through foreign direct investment and capital in?ows, and the opening of labour markets – which was a two-way phenomenon, with markets being opened up in acceding as well as the incumbent Member States. The Fifth Enlargement was thus an exercise of glo- lisation in miniature, a practice run for the Union to tackle the challenges of the ever smaller world.

OECD Economic Outlook, Volume 2004 Issue 1

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264016155
Total Pages : 284 pages
Book Rating : 4.2/5 (64 download)

DOWNLOAD NOW!

Book Synopsis OECD Economic Outlook, Volume 2004 Issue 1 by : OECD

Download or read book OECD Economic Outlook, Volume 2004 Issue 1 written by OECD and published by OECD Publishing. This book was released on 2004-05-07 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twice a year, the OECD Economic Outlook analyses the major trends that will mark the next two years. This issues special features cover housing and mortgage market arrangements, the large US external deficit, stock market gyrations, and structural reform and EU accession.

Albania

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484332679
Total Pages : 62 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis Albania by : International Monetary Fund. European Dept.

Download or read book Albania written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2017-12-13 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores Albania’s current account (CA) deficit that improved in 2016, but remains sizable. The EBA-Lite model results indicate that the external position is moderately weaker than implied by fundamentals and desirable policy settings. Adjusting for Albania’s specific circumstances, the current account gap is estimated at -1.0 percent and the real effective exchange rate is overvalued by about 6 percent, reflecting Albania’s low national saving and large FDI inflows. Though Albania has benefitted from the recent tourism boom in the region, the outlook for exports remains challenging. Despite its cost competitiveness, exports are narrowly concentrated in a few low-value added sectors while new investments in the nonenergy tradable sector are limited. To close Albania’s competitiveness gap and strengthen its external position, the authorities should complete key infrastructure projects to reduce transportation costs and address energy sector reliability; increase domestic savings; improve governance and the rule of law; and raise labor market efficiency by reducing skills shortages.

OECD Economic Outlook, Volume 2004 Issue 2

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264007784
Total Pages : 237 pages
Book Rating : 4.2/5 (64 download)

DOWNLOAD NOW!

Book Synopsis OECD Economic Outlook, Volume 2004 Issue 2 by : OECD

Download or read book OECD Economic Outlook, Volume 2004 Issue 2 written by OECD and published by OECD Publishing. This book was released on 2005-01-12 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twice a year, the OECD Economic Outlook analyses the major trends that will mark the next two years. This issues special features cover oil price developments and savings behaviour and the effectiveness of fiscal policy.

Achieving Rapid Growth in the Transition Economies of Central Europe

Author : Jeffrey Sachs
Publisher : Center for Social & Economic Research
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis Achieving Rapid Growth in the Transition Economies of Central Europe by : Jeffrey Sachs

Download or read book Achieving Rapid Growth in the Transition Economies of Central Europe written by Jeffrey Sachs and published by Center for Social & Economic Research. This book was released on 1996 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the sources of rapid growth in the very fast growing economies in Asia, and the ways in which Central Europe could emulate keys aspects of their economic policies in order to raise their growth rates.

The story of your city

Author : Greg Clark
Publisher : European Investment Bank
ISBN 13 : 9286138784
Total Pages : 124 pages
Book Rating : 4.2/5 (861 download)

DOWNLOAD NOW!

Book Synopsis The story of your city by : Greg Clark

Download or read book The story of your city written by Greg Clark and published by European Investment Bank. This book was released on 2018-10-31 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: By the end of this century, 9 out of 10 Europeans will live in an urban area. But what kind of city will they call home? You'll find all the answers in CITY, TRANSFORMED, the new essay series from the European Investment Bank. This panoramic first essay in the series lays out a great sweeping history of European cities over the last fifty years—and showcases new directions being taken by some of our most innovative cities. Urban experts Greg Clark, Tim Moonen, and Jake Nunley based at University College London take a definitive look at how Europe's cities transformed from post-industrial decline to thriving metropolises that are as prosperous and liveable as anywhere on Earth.

International Financial Integration

Author : Mr.Gian Milesi-Ferretti
Publisher : International Monetary Fund
ISBN 13 : 1451850905
Total Pages : 46 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!

Book Synopsis International Financial Integration by : Mr.Gian Milesi-Ferretti

Download or read book International Financial Integration written by Mr.Gian Milesi-Ferretti and published by International Monetary Fund. This book was released on 2003-04-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, the foreign assets and liabilities of advanced economies have grown rapidly relative to GDP, with the increase in gross cross-holdings far exceeding changes in the size of net positions. Moreover, the portfolio equity and FDI categories have grown in importance relative to international debt stocks. This paper describes the broad trends in international financial integration for a sample of industrial countries and seeks to explain the cross-country and time-series variation in the size of international balance sheets. It also examines the behavior of the rates of return on foreign assets and liabilities, relating them to "market" returns.

Montenegro

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484357035
Total Pages : 65 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis Montenegro by : International Monetary Fund. European Dept.

Download or read book Montenegro written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2018-05-21 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes the long-term growth prospects and the output gap in Montenegro. Historical growth in Montenegro was driven mostly by capital with some contribution from labor, while total factor productivity (TFP) contributed negatively. Going forward, in the baseline growth accounting framework with no reforms, employment will likely have a slightly negative contribution because of demographic dynamics unless both labor force participation and unemployment improve significantly. The highway project will contribute to capital accumulation in the near term, but the contribution from capital accumulation will likely fall despite relatively high investment ratios. Based on historical performance, the contribution from TFP is likely limited and constitutes the main bottleneck for long-term growth prospects in the no-reform baseline.