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The Economic Recovery In The Central And Eastern European Eu Countries


  • GURGU, Elena

    () (Faculty of Marketing and International Business)


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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    1. repec:sae:ecolab:v:16:y:2006:i:2:p:1-2 is not listed on IDEAS
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    7. Benjamin J. Keys & Tanmoy Mukherjee & Amit Seru & Vikrant Vig, 2010. "Did Securitization Lead to Lax Screening? Evidence from Subprime Loans," The Quarterly Journal of Economics, Oxford University Press, vol. 125(1), pages 307-362.
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    More about this item


    economic recovery; recession; competitivity; value added; economic exchanges;

    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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