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Growth in the Central and Eastern European Countries of the European Union

Growth in the Central and Eastern European Countries of the European Union »

Series: Occasional Papers

Author(s): Abdul Abiad , Ashoka Mody , Susan Schadler , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 2007

DOI: http://dx.doi.org/10.5089/9781589065543.084

ISBN: 9781589065543

Keywords: Eastern Europe, Economic growth, European Union, per capita income, growth rates, tfp, gdp growth, current account deficit

The central challenges facing the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, and Slovenia as they work to catch up to advanced European Union (EU) income levels are discussed in this new...

The Baltics
			: Competitiveness on the Eve of EU Accession

The Baltics : Competitiveness on the Eve of EU Accession »

Series: IMF Special Issues

Author(s): Yuan Xiao , Robert Burgess , and Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 July 2004

DOI: http://dx.doi.org/10.5089/9781589063266.058

ISBN: 9781589063266

Keywords: European Union, Labor productivity, Real effective exchange rates, exchange rates, exchange rate, real exchange rate, real exchange rates, inflation

Large current account deficits in Estonia and Latvia, and the continued real appreciation of the exchange rate in Lithuania, have prompted concerns about the competitiveness of the Baltic economies, and called into...

Growth in Switzerland

Growth in Switzerland »

Source: Growth in Switzerland : Can Better Growth Be Sustained?

Volume/Issue: 2002/153

Series: IMF Working Papers

Author(s): Anastassios Gagales

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2002

ISBN: 9781451857160

Keywords: gdp growth, growth rate, international standards, total factor productivity, gdp per capita, Economywide Country Studies: Europe,

Swiss growth performance in the past quarter century has been mediocre. The paper finds that conditional income convergence contributes significantly to slow growth and the poor performance of the domestically orie...

Convergence in Emerging Europe

Convergence in Emerging Europe »

Source: Convergence in Emerging Europe : Sustainability and Vulnerabilities

Volume/Issue: 2008/181

Series: IMF Working Papers

Author(s): Athanasios Vamvakidis

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2008

ISBN: 9781451870398

Keywords: European Economy, Current Account Adjustment, current account, current account deficits, real gdp,

The emerging European economies have been converging rapidly towards the more advanced European economies in recent years. However, large external imbalances in parts of the region have raised questions about susta...

Appendix Growth Regressions and Data Description

Appendix Growth Regressions and Data Description »

Source: Growth in the Central and Eastern European Countries of the European Union

Series: Occasional Papers

Author(s): Abdul Abiad , Ashoka Mody , Susan Schadler , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 2007

ISBN: 9781589065543

Keywords: Eastern Europe, Economic growth, European Union, per capita income, growth rates, tfp, gdp growth, current account deficit

Panel Growth Regressions...

I. Overview

I. Overview »

Source: Growth in the Central and Eastern European Countries of the European Union

Series: Occasional Papers

Author(s): Abdul Abiad , Ashoka Mody , Susan Schadler , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 2007

ISBN: 9781589065543

Keywords: Eastern Europe, Economic growth, European Union, per capita income, growth rates, tfp, gdp growth, current account deficit

1 After a half century of largely misdirected development, the task is formidable and will require concerted macroeconomic and structural policies focused on achiev...

II. Scope of the Study

II. Scope of the Study »

Source: Growth in the Central and Eastern European Countries of the European Union

Series: Occasional Papers

Author(s): Abdul Abiad , Ashoka Mody , Susan Schadler , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 2007

ISBN: 9781589065543

Keywords: Eastern Europe, Economic growth, European Union, per capita income, growth rates, tfp, gdp growth, current account deficit

3 The first transition was from central planning to market-oriented policies and the next from being neighbors to being members of the EU. The accomplishments have...

VII. Implications for IMF Surveillance

VII. Implications for IMF Surveillance »

Source: Growth in the Central and Eastern European Countries of the European Union

Series: Occasional Papers

Author(s): Abdul Abiad , Ashoka Mody , Susan Schadler , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 2007

ISBN: 9781589065543

Keywords: Eastern Europe, Economic growth, European Union, per capita income, growth rates, tfp, gdp growth, current account deficit

A medium- to long-term perspective on growth will be a necessary complement to the short-term concerns prominent in surveillance. The CEECs, having emerged from the low-growth era of central planning, have i...

III. The Record: Enduring Strengths or a Bounce Back?

III. The Record: Enduring Strengths or a Bounce Back? »

Source: Growth in the Central and Eastern European Countries of the European Union

Series: Occasional Papers

Author(s): Abdul Abiad , Ashoka Mody , Susan Schadler , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 2007

ISBN: 9781589065543

Keywords: Eastern Europe, Economic growth, European Union, per capita income, growth rates, tfp, gdp growth, current account deficit

Figure 3.1). 4 But as significant policy reforms and institutional developments paid dividends, recoveries were generally rapid (Figure 3.2). 5...

IV. Growth Scenarios: Possible Paths for the Catch-Up

IV. Growth Scenarios: Possible Paths for the Catch-Up »

Source: Growth in the Central and Eastern European Countries of the European Union

Series: Occasional Papers

Author(s): Abdul Abiad , Ashoka Mody , Susan Schadler , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 2007

ISBN: 9781589065543

Keywords: Eastern Europe, Economic growth, European Union, per capita income, growth rates, tfp, gdp growth, current account deficit

Table 4.1). Countries with per capita incomes close to the euro area average need to go a shorter distance and hence are better positioned to achieve income convergence. At about $19,000 (in rea...