Convergence in Emerging Europe: Sustainability and Vulnerabilities
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 sustainability and concerns about vulnerabilities. Empirical evidence in this paper suggest...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
2008
|
| Series: | IMF Working Papers
Working Paper No. 08/181 |
| Subjects: | |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | 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 sustainability and concerns about vulnerabilities. Empirical evidence in this paper suggest that the convergence trend of emerging Europe is based on strong fundamentals and is expected to continue, but at a slower pace. Moreover, the convergence path may be volatile as countries with large external imbalances adjust, with risks of a hard landing in some cases |
| Item Description: | Includes bibliographical references |
| Physical Description: | 1 Online-Ressource (30 p) |
| ISBN: | 1451870396 9781451870398 |
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| index_date | 2024-07-03T20:13:26Z |
| indexdate | 2024-07-10T09:35:34Z |
| institution | BVB |
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| record_format | marc |
| series2 | IMF Working Papers |
| spelling | Vamvakidis, Athanasios Verfasser aut Convergence in Emerging Europe Sustainability and Vulnerabilities Vamvakidis, Athanasios Washington, D.C International Monetary Fund 2008 1 Online-Ressource (30 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 08/181 Includes bibliographical references 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 sustainability and concerns about vulnerabilities. Empirical evidence in this paper suggest that the convergence trend of emerging Europe is based on strong fundamentals and is expected to continue, but at a slower pace. Moreover, the convergence path may be volatile as countries with large external imbalances adjust, with risks of a hard landing in some cases Online-Ausg Balance of payments Europe, Central Balance of payments Europe, Eastern Convergence (Economics) Europe Europe, Central / Economic conditions Europe, Eastern / Economic conditions Electronic books http://elibrary.imf.org/view/IMF001/09403-9781451870398/09403-9781451870398/09403-9781451870398.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Vamvakidis, Athanasios Convergence in Emerging Europe Sustainability and Vulnerabilities Balance of payments Europe, Central Balance of payments Europe, Eastern Convergence (Economics) Europe |
| title | Convergence in Emerging Europe Sustainability and Vulnerabilities |
| title_auth | Convergence in Emerging Europe Sustainability and Vulnerabilities |
| title_exact_search | Convergence in Emerging Europe Sustainability and Vulnerabilities |
| title_exact_search_txtP | Convergence in Emerging Europe Sustainability and Vulnerabilities |
| title_full | Convergence in Emerging Europe Sustainability and Vulnerabilities Vamvakidis, Athanasios |
| title_fullStr | Convergence in Emerging Europe Sustainability and Vulnerabilities Vamvakidis, Athanasios |
| title_full_unstemmed | Convergence in Emerging Europe Sustainability and Vulnerabilities Vamvakidis, Athanasios |
| title_short | Convergence in Emerging Europe |
| title_sort | convergence in emerging europe sustainability and vulnerabilities |
| title_sub | Sustainability and Vulnerabilities |
| topic | Balance of payments Europe, Central Balance of payments Europe, Eastern Convergence (Economics) Europe |
| topic_facet | Balance of payments Europe, Central Balance of payments Europe, Eastern Convergence (Economics) Europe |
| url | http://elibrary.imf.org/view/IMF001/09403-9781451870398/09403-9781451870398/09403-9781451870398.xml |
| work_keys_str_mv | AT vamvakidisathanasios convergenceinemergingeuropesustainabilityandvulnerabilities |