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German-Central European Supply Chain-Cluster Report

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  • International Monetary Fund. European Dept.
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    Abstract

    This paper discusses key findings of the Cluster Report on German-Central European Supply Chain (GCESC). Since the 1990s, a GCESC has evolved, manufacturing goods for export to the rest of the world. Reflecting this, bilateral trade linkages between Germany and the Czech Republic, Hungary, Poland, and the Slovak Republic (CE4) have expanded rapidly. Participation in the GCESC has led to technology transfers to CE4 countries and accelerated income convergence. Export growth in knowledge-intensive sectors has been particularly rapid in the CE4. It is also observed that complementarities between supply chain activities and domestic production have led to greater synchronization of the business cycle among GCESC countries.

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    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Staff Country Reports with number 13/263.

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    Length: 87
    Date of creation: 20 Aug 2013
    Date of revision:
    Handle: RePEc:imf:imfscr:13/263

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    Related research

    Keywords: Bilateral trade; Germany; Czech Republic; Hungary; Poland; Slovak Republic; Central and Eastern Europe; Manufacturing sector; Exports; Trade integration; Staff Reports; Background papers; supply chain; income convergence; domestic demand; aggregate demand; external shocks; export growth; domestic production; intermediate goods; gross exports; transport equipment; external financing; global shocks; vertical specialization; external funding; trade links; intermediate inputs; tariff reduction; trade openness; domestic economy; world trade; idiosyncratic shocks; trading partners; external position; regional trade; transport sector; trade partners; comparative disadvantage; increasing competition; domestic industries; geographic proximity; balance of payments; transmission of shocks; trade relationship; skilled labor; zero sum game; export markets; open economy;

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