{"id":113920,"date":"2024-01-22T18:43:34","date_gmt":"2024-01-22T17:43:34","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/113920\/"},"modified":"2024-11-07T04:17:37","modified_gmt":"2024-11-07T03:17:37","slug":"erholungstendenzen-in-den-moel","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/113920\/","title":{"rendered":"Recovery in Central and Eastern Europe"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-113920","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The Central and East European Countries (CEECs) have begun to show signs of more or less brisk economic recovery. It may, however, take time until their economies will have offset the severe setback they had to face between October 2008 and March 2009. The degree to which individual CEECs suffered from the international financial and economic crisis varies considerably, due to a range of different factors. Poland was an exception, as its GDP growth decelerated without coming to a complete halt in 2009. This had quite an impact as the size of the Polish GDP is similar to those of the Czech Republic, Hungary, Slovakia and Slovenia put together. The only other country where growth did not stop entirely was Albania. In sharp contrast to these two countries, the Baltic countries and Ukraine had to face a drastic decline in their GDP. The performance of all other CEECs ranged somewhere between these two extremes. It is rather unlikely that the CEECs will any time soon be returning to GDP growth rates as high as those they had achieved in the last pre-crisis years. The European and global business environment has become less propitious, and may not improve in the near future. In addition, the producing sector has been finding it more difficult and costly to get access to borrowing. Markets are likely to remain sceptic about high current account deficits, which, if true, would entail far-reaching changes in conditions especially for the Baltic and Southeast European countries.","onlinedate":"2010-05-17 02:00:00","lang":"German","publication_series":"","publication_date":"20100501","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"MOEL Wirtschaftsbericht 2009 Osteuropa\",\"Mitteleuropa\",\"S\u00fcdosteuropa\"]","jelcodes":"[]","related_publications":"[]","pdf":337380,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"83","monthly_report_pages":"427-443","monthly_report_pages_sort":"427","issue":"5","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3500],"collaboration":"","persons":[12243],"persons_data":"[{\"personId\":12243,\"personName\":\"Josef P\u00f6schl\",\"organisationNames\":[\"The Vienna Institute for International Economic Studies\"]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\">P\u00f6schl, J. (2010). <span>Erholungstendenzen in den MOEL<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>83<\\\/em>(5), 427-443. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/39523\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/39523<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\">P\u00f6schl J. <span class=\\\"title\\\"><span>Erholungstendenzen in den MOEL<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2010 May;83(5):427-443.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{7bd7cf51dd164227bd904c4e0c7cbc7e,<\\\/div><div>  title    = \\\"Erholungstendenzen in den MOEL\\\",<\\\/div><div>  abstract = \\\"Vor 2008 hatten die MOEL die {\\\\\\\"o}ffentlichen Haushalte mehrheitlich saniert. Die Wirtschaftskrise bewirkte aber 2009 eine Erh{\\\\\\\"o}hung der Defizite und damit auch der Schulden des Staates. Prim{\\\\\\\"a}re Ursache von Schuldenproblemen einiger MOEL sind allerdings nicht staatliche, sondern hohe private Schulden. Die Inflation verflachte im Gefolge der Krise und kam in einigen L{\\\\\\\"a}ndern zeitweise ganz zum Stillstand. Die hohe Arbeitslosigkeit wird erst bei st{\\\\\\\"a}rkerem BIP-Wachstum wieder abnehmen.\\\",<\\\/div><div>  keywords = \\\"MOEL Wirtschaftsbericht 2009 Osteuropa, Mitteleuropa, S{\\\\\\\"u}dosteuropa, MOEL Wirtschaftsbericht 2009 Osteuropa, Mitteleuropa, S{\\\\\\\"u}dosteuropa\\\",<\\\/div><div>  author   = \\\"Josef P{\\\\\\\"o}schl\\\",<\\\/div><div>  note     = \\\"Wirtschaft der MOEL\\\",<\\\/div><div>  year     = \\\"2010\\\",<\\\/div><div>  month    = may,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"83\\\",<\\\/div><div>  pages    = \\\"427--443\\\",<\\\/div><div>  journal  = \\\"WIFO-Monatsberichte\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Erholungstendenzen in den MOEL<\\\/p><p>AU  - P\u00f6schl, Josef<\\\/p><p>N1  - Wirtschaft der MOEL<\\\/p><p>PY  - 2010\\\/5<\\\/p><p>Y1  - 2010\\\/5<\\\/p><p>N2  - Vor 2008 hatten die MOEL die \u00f6ffentlichen Haushalte mehrheitlich saniert. Die Wirtschaftskrise bewirkte aber 2009 eine Erh\u00f6hung der Defizite und damit auch der Schulden des Staates. Prim\u00e4re Ursache von Schuldenproblemen einiger MOEL sind allerdings nicht staatliche, sondern hohe private Schulden. Die Inflation verflachte im Gefolge der Krise und kam in einigen L\u00e4ndern zeitweise ganz zum Stillstand. Die hohe Arbeitslosigkeit wird erst bei st\u00e4rkerem BIP-Wachstum wieder abnehmen.<\\\/p><p>AB  - Vor 2008 hatten die MOEL die \u00f6ffentlichen Haushalte mehrheitlich saniert. Die Wirtschaftskrise bewirkte aber 2009 eine Erh\u00f6hung der Defizite und damit auch der Schulden des Staates. Prim\u00e4re Ursache von Schuldenproblemen einiger MOEL sind allerdings nicht staatliche, sondern hohe private Schulden. Die Inflation verflachte im Gefolge der Krise und kam in einigen L\u00e4ndern zeitweise ganz zum Stillstand. Die hohe Arbeitslosigkeit wird erst bei st\u00e4rkerem BIP-Wachstum wieder abnehmen.<\\\/p><p>KW  - MOEL Wirtschaftsbericht 2009 Osteuropa<\\\/p><p>KW  - Mitteleuropa<\\\/p><p>KW  - S\u00fcdosteuropa<\\\/p><p>KW  - MOEL Wirtschaftsbericht 2009 Osteuropa<\\\/p><p>KW  - Mitteleuropa<\\\/p><p>KW  - S\u00fcdosteuropa<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 83<\\\/p><p>SP  - 427<\\\/p><p>EP  - 443<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Recovery in Central and Eastern Europe - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/113920\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Recovery in Central and Eastern Europe\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/113920\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-07T03:17:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/113920\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/113920\\\/\",\"name\":\"Recovery in Central and Eastern Europe - 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