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The Economic Recovery In The Central And Eastern European Eu Countries

Author

Listed:
  • GURGU, Elena

    (Faculty of Marketing and International Business)

Abstract

Following the recession in 2008-09, the economies of the eight EU countries in central and Eastern Europe outside the euro area (CEE) are recovering gradually, albeit with significant differences across countries. The expansion in economic activity is currently being driven primarily by exports as domestic demand remains subdued. Those countries that accumulated relatively more substantial internal and external imbalances before the financial crisis suffered more severe contractions in output during the crisis, and most of them face a more sluggish economic recovery.

Suggested Citation

  • GURGU, Elena, 2011. "The Economic Recovery In The Central And Eastern European Eu Countries," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 2(1), pages 35-44.
    • Handle: RePEc:ris:sphecs:0109
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    More about this item

    Keywords

    economic recovery; recession; competitivity; value added; economic exchanges;
    All these keywords.

    JEL classification:

    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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