{"id":153613,"date":"2024-01-22T16:35:10","date_gmt":"2024-01-22T15:35:10","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/153613\/"},"modified":"2024-11-07T03:43:12","modified_gmt":"2024-11-07T02:43:12","slug":"the-economic-boom-in-cee-continues","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/153613\/","title":{"rendered":"The Economic Boom in CEE Continues"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-153613","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Despite an economic slack in the EU 15 and, in many cases, the revaluated currencies, CEE countries achieved a sturdy growth again in 2005. This was primarily due to increased exports in the new EU member states and, throughout the remainder of CEE, as a result of booming consumption. The economic accomplishments of the new EU member states and also those of the acceding countries Bulgaria and Romania are largely based on successful restructuring, thanks to a massive influx of foreign direct investments (FDI). The western Balkan countries are increasingly benefiting from greater political stability and improved chances of an EU integration, whereas Russia and the Ukraine continue to be dependent on the world market economic situation, as regards energy and metals. For the first time, the largely completed restructuring of industries in the new EU member states resulted in a slight easing of tension within the labour market. Simultaneously, however, unemployment remains very high in many southern European countries and, in view of forthcoming restructuring, may rise further. Despite an impressive growth of exports in many new EU member states, sustained increasingly by improved quality standards, the external position of these countries remains high in deficit, in view of FDI-related profit. In southeast Europe, the boom in consumption has resulted in a breakneck increase in private foreign indebtedness.","onlinedate":"2006-05-15 02:00:00","lang":"German","publication_series":"","publication_date":"20060501","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":324341,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"79","monthly_report_pages":"385-401","monthly_report_pages_sort":"385","issue":"5","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3491],"collaboration":"","persons":[11983],"persons_data":"[{\"personId\":11983,\"personName\":\"Vasily Astrov\",\"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\\\">Astrov, V. (2006). <span>Wirtschaftsaufschwung h\u00e4lt in den MOEL an<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>79<\\\/em>(5), 385-401. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/26542\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/26542<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\">Astrov V. <span class=\\\"title\\\"><span>Wirtschaftsaufschwung h\u00e4lt in den MOEL an<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2006 May;79(5):385-401.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{37629aabf88446a393000716588043ad,<\\\/div><div>  title    = \\\"Wirtschaftsaufschwung h{\\\\\\\"a}lt in den MOEL an\\\",<\\\/div><div>  abstract = \\\"Das robuste Wirtschaftswachstum in den neuen EU-L{\\\\\\\"a}ndern wurde 2005 vor allem durch die kr{\\\\\\\"a}ftige Exportexpansion aufgrund von Qualit{\\\\\\\"a}tsverbesserungen getragen. Die weitgehend abgeschlossene Umstrukturierung der Industrie hatte erstmals eine leichte Entspannung auf dem Arbeitsmarkt dieser L{\\\\\\\"a}nder zur Folge. In S{\\\\\\\"u}dosteuropa war das Wachstum insbesondere auf den Konsumboom zur{\\\\\\\"u}ckzuf{\\\\\\\"u}hren, der allerdings auch mit einer rasanten Zunahme der privaten Auslandsverschuldung einherging. Die Westbalkanl{\\\\\\\"a}nder profitieren zunehmend von gr{\\\\\\\"o}{\\\\ss}erer politischer Stabilit{\\\\\\\"a}t und verbesserten Aussichten f{\\\\\\\"u}r die EU-Integration. Gleichzeitig bleiben Russland und die Ukraine trotz des j{\\\\\\\"u}ngsten Anstiegs der Zufl{\\\\\\\"u}sse an ausl{\\\\\\\"a}ndischen Direktinvestitionen von der Weltmarktkonjunktur f{\\\\\\\"u}r ihre Hauptexportprodukte Energie und Metalle abh{\\\\\\\"a}ngig.\\\",<\\\/div><div>  keywords = \\\"MOEL Mittel- und Osteuropa Konjunktur 2005\\\",<\\\/div><div>  author   = \\\"Vasily Astrov\\\",<\\\/div><div>  note     = \\\"Wirtschaft der MOEL 2005\\\",<\\\/div><div>  year     = \\\"2006\\\",<\\\/div><div>  month    = may,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"79\\\",<\\\/div><div>  pages    = \\\"385--401\\\",<\\\/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  - Wirtschaftsaufschwung h\u00e4lt in den MOEL an<\\\/p><p>AU  - Astrov, Vasily<\\\/p><p>N1  - Wirtschaft der MOEL 2005<\\\/p><p>PY  - 2006\\\/5<\\\/p><p>Y1  - 2006\\\/5<\\\/p><p>N2  - Das robuste Wirtschaftswachstum in den neuen EU-L\u00e4ndern wurde 2005 vor allem durch die kr\u00e4ftige Exportexpansion aufgrund von Qualit\u00e4tsverbesserungen getragen. Die weitgehend abgeschlossene Umstrukturierung der Industrie hatte erstmals eine leichte Entspannung auf dem Arbeitsmarkt dieser L\u00e4nder zur Folge. In S\u00fcdosteuropa war das Wachstum insbesondere auf den Konsumboom zur\u00fcckzuf\u00fchren, der allerdings auch mit einer rasanten Zunahme der privaten Auslandsverschuldung einherging. Die Westbalkanl\u00e4nder profitieren zunehmend von gr\u00f6\u00dferer politischer Stabilit\u00e4t und verbesserten Aussichten f\u00fcr die EU-Integration. Gleichzeitig bleiben Russland und die Ukraine trotz des j\u00fcngsten Anstiegs der Zufl\u00fcsse an ausl\u00e4ndischen Direktinvestitionen von der Weltmarktkonjunktur f\u00fcr ihre Hauptexportprodukte Energie und Metalle abh\u00e4ngig.<\\\/p><p>AB  - Das robuste Wirtschaftswachstum in den neuen EU-L\u00e4ndern wurde 2005 vor allem durch die kr\u00e4ftige Exportexpansion aufgrund von Qualit\u00e4tsverbesserungen getragen. Die weitgehend abgeschlossene Umstrukturierung der Industrie hatte erstmals eine leichte Entspannung auf dem Arbeitsmarkt dieser L\u00e4nder zur Folge. In S\u00fcdosteuropa war das Wachstum insbesondere auf den Konsumboom zur\u00fcckzuf\u00fchren, der allerdings auch mit einer rasanten Zunahme der privaten Auslandsverschuldung einherging. Die Westbalkanl\u00e4nder profitieren zunehmend von gr\u00f6\u00dferer politischer Stabilit\u00e4t und verbesserten Aussichten f\u00fcr die EU-Integration. Gleichzeitig bleiben Russland und die Ukraine trotz des j\u00fcngsten Anstiegs der Zufl\u00fcsse an ausl\u00e4ndischen Direktinvestitionen von der Weltmarktkonjunktur f\u00fcr ihre Hauptexportprodukte Energie und Metalle abh\u00e4ngig.<\\\/p><p>KW  - MOEL Mittel- und Osteuropa Konjunktur 2005<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 79<\\\/p><p>SP  - 385<\\\/p><p>EP  - 401<\\\/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 v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Economic Boom in CEE Continues - 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\/153613\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Economic Boom in CEE Continues\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/153613\/\" \/>\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=\"2024-11-07T02:43:12+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\\\/153613\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/153613\\\/\",\"name\":\"The Economic Boom in CEE Continues - 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