{"id":269741,"date":"2024-07-25T14:37:32","date_gmt":"2024-07-25T12:37:32","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/269741\/"},"modified":"2024-07-25T14:37:33","modified_gmt":"2024-07-25T12:37:33","slug":"central-eastern-and-south-eastern-europe-defies-the-economic-slump-in-the-euro-area","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/269741\/","title":{"rendered":"Central, Eastern and South Eastern Europe Defies the Economic Slump in the Euro Area"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-269741","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The economic recovery in most countries in Central, Eastern and South Eastern Europe (CESEE) has recently gained momentum, primarily thanks to the fall in inflation, the rise in real wages and increased private consumption. At the same time, industry and exports in many countries, particularly in Central Europe and the Western Balkans, continue to suffer from the economic downturn in Germany. While financing costs generally remain high, the recovery is being supported by an expansive fiscal policy, which will further increase budget deficits in many countries in the region. Economic growth of 3.1 percent is forecast for the CESEE region as a whole in 2024. The expected acceleration in growth in the Central and Eastern European EU member countries (EU-CEE) and the Western Balkans is likely to be largely offset by the slowdown in other CESEE countries.","onlinedate":"2024-07-25 14:00:00","lang":"German","publication_series":"","publication_date":"20240725","publication_date_year":"","publication_date_full":true,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"E20\",\"E21\",\"E23\",\"E24\",\"E31\",\"E5\",\"E62\",\"H60\",\"J20\",\"J30\",\"O47\",\"O52\",\"O57\",\"P24\",\"P27\",\"P52\"]","related_publications":"[\"2ac3915f-05c3-4996-9aa4-c9bfc7c4943d\",\"3fd78c0e-278d-4bb5-bdde-55e252aaf92a\",\"9d45281c-a7a4-422d-a1cc-f68800b601a5\",\"f396489d-ce7f-4572-91e3-96339510a458\"]","pdf":269743,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"97","monthly_report_pages":"381-395","monthly_report_pages_sort":"381","issue":"7","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2024-07-25 14:00:00","types":[44312],"research_groups":[],"collaboration":"","persons":[11983,17809],"persons_data":"[{\"personId\":11983,\"personName\":\"Vasily Astrov\",\"organisationNames\":[\"The Vienna Institute for International Economic Studies\"]},{\"personId\":17809,\"personName\":\"Olga Pindyuk\",\"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., &amp; Pindyuk, O. (2024). <span>Mittel-, Ost- und S\u00fcdosteuropa trotzen der Konjunkturflaute im Euro-Raum<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>97<\\\/em>(7), 381-395.<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\">Astrov V, Pindyuk O. <span class=\\\"title\\\"><span>Mittel-, Ost- und S\u00fcdosteuropa trotzen der Konjunkturflaute im Euro-Raum<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2024 Jul 25;97(7):381-395.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{d55fb7b9693f4aa9827bbf705d6e9d6e,<\\\/div><div>  title    = \\\"Mittel-, Ost- und S{\\\\\\\"u}dosteuropa trotzen der Konjunkturflaute im Euro-Raum\\\",<\\\/div><div>  abstract = \\\"Die wirtschaftliche Erholung in den meisten L{\\\\\\\"a}ndern Mittel , Ost- und S{\\\\\\\"u}dosteuropas (MOSOEL) hat zuletzt vor allem dank des R{\\\\\\\"u}ckgangs der Inflation, des Anstiegs der Reall{\\\\\\\"o}hne und des verst{\\\\\\\"a}rkten privaten Konsums an Fahrt gewonnen. Gleichzeitig leiden die Industrie und die Exporte vieler L{\\\\\\\"a}nder, vor allem in Mitteleuropa und auf dem Westbalkan, nach wie vor unter der Konjunkturschw{\\\\\\\"a}che in Deutschland. W{\\\\\\\"a}hrend die Finanzierungskosten generell hoch bleiben, wird die Erholung durch eine expansive Fiskalpolitik unterst{\\\\\\\"u}tzt, wodurch die Haushaltsdefizite in vielen L{\\\\\\\"a}ndern der Region weiter zunehmen werden. F{\\\\\\\"u}r die MOSOEL insgesamt wird f{\\\\\\\"u}r 2024 ein Wirtschaftswachstum von 3,1\\\\% prognostiziert. Damit w{\\\\\\\"a}re es {\\\\\\\"a}hnlich hoch wie 2023. Die erwartete Wachstumsbeschleunigung in den mittel- und osteurop{\\\\\\\"a}ischen EU-Mitgliedsl{\\\\\\\"a}ndern (EU-MOEL) und auf dem Westbalkan d{\\\\\\\"u}rfte durch die Verlangsamung in anderen MOSOEL weitgehend ausgeglichen werden.\\\",<\\\/div><div>  keywords = \\\"MOSOEL, Wirtschaftsprognose, Mittel- und Osteuropa, Westbalkan, GUS, Wirtschaftswachstum, Inflation, Geldpolitik, Fiskalpolitik, L{\\\\\\\"o}hne, Milit{\\\\\\\"a}rausgaben, Aufbau- und Resilienzfazilit{\\\\\\\"a}t\\\",<\\\/div><div>  author   = \\\"Vasily Astrov and Olga Pindyuk\\\",<\\\/div><div>  year     = \\\"2024\\\",<\\\/div><div>  month    = jul,<\\\/div><div>  day      = \\\"25\\\",<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"97\\\",<\\\/div><div>  pages    = \\\"381--395\\\",<\\\/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  - Mittel-, Ost- und S\u00fcdosteuropa trotzen der Konjunkturflaute im Euro-Raum<\\\/p><p>AU  - Astrov, Vasily<\\\/p><p>AU  - Pindyuk, Olga<\\\/p><p>PY  - 2024\\\/7\\\/25<\\\/p><p>Y1  - 2024\\\/7\\\/25<\\\/p><p>N2  - Die wirtschaftliche Erholung in den meisten L\u00e4ndern Mittel , Ost- und S\u00fcdosteuropas (MOSOEL) hat zuletzt vor allem dank des R\u00fcckgangs der Inflation, des Anstiegs der Reall\u00f6hne und des verst\u00e4rkten privaten Konsums an Fahrt gewonnen. Gleichzeitig leiden die Industrie und die Exporte vieler L\u00e4nder, vor allem in Mitteleuropa und auf dem Westbalkan, nach wie vor unter der Konjunkturschw\u00e4che in Deutschland. W\u00e4hrend die Finanzierungskosten generell hoch bleiben, wird die Erholung durch eine expansive Fiskalpolitik unterst\u00fctzt, wodurch die Haushaltsdefizite in vielen L\u00e4ndern der Region weiter zunehmen werden. F\u00fcr die MOSOEL insgesamt wird f\u00fcr 2024 ein Wirtschaftswachstum von 3,1% prognostiziert. Damit w\u00e4re es \u00e4hnlich hoch wie 2023. Die erwartete Wachstumsbeschleunigung in den mittel- und osteurop\u00e4ischen EU-Mitgliedsl\u00e4ndern (EU-MOEL) und auf dem Westbalkan d\u00fcrfte durch die Verlangsamung in anderen MOSOEL weitgehend ausgeglichen werden.<\\\/p><p>AB  - Die wirtschaftliche Erholung in den meisten L\u00e4ndern Mittel , Ost- und S\u00fcdosteuropas (MOSOEL) hat zuletzt vor allem dank des R\u00fcckgangs der Inflation, des Anstiegs der Reall\u00f6hne und des verst\u00e4rkten privaten Konsums an Fahrt gewonnen. Gleichzeitig leiden die Industrie und die Exporte vieler L\u00e4nder, vor allem in Mitteleuropa und auf dem Westbalkan, nach wie vor unter der Konjunkturschw\u00e4che in Deutschland. W\u00e4hrend die Finanzierungskosten generell hoch bleiben, wird die Erholung durch eine expansive Fiskalpolitik unterst\u00fctzt, wodurch die Haushaltsdefizite in vielen L\u00e4ndern der Region weiter zunehmen werden. F\u00fcr die MOSOEL insgesamt wird f\u00fcr 2024 ein Wirtschaftswachstum von 3,1% prognostiziert. Damit w\u00e4re es \u00e4hnlich hoch wie 2023. Die erwartete Wachstumsbeschleunigung in den mittel- und osteurop\u00e4ischen EU-Mitgliedsl\u00e4ndern (EU-MOEL) und auf dem Westbalkan d\u00fcrfte durch die Verlangsamung in anderen MOSOEL weitgehend ausgeglichen werden.<\\\/p><p>KW  - MOSOEL<\\\/p><p>KW  - Wirtschaftsprognose<\\\/p><p>KW  - Mittel- und Osteuropa<\\\/p><p>KW  - Westbalkan<\\\/p><p>KW  - GUS<\\\/p><p>KW  - Wirtschaftswachstum<\\\/p><p>KW  - Inflation<\\\/p><p>KW  - Geldpolitik<\\\/p><p>KW  - Fiskalpolitik<\\\/p><p>KW  - L\u00f6hne<\\\/p><p>KW  - Milit\u00e4rausgaben<\\\/p><p>KW  - Aufbau- und Resilienzfazilit\u00e4t<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 97<\\\/p><p>SP  - 381<\\\/p><p>EP  - 395<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"External\"]","scientific_review":"[\"External\"]","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) - 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