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Financial Crisis in Central and Eastern Europe


  • Ekaterina Sprenger

    () (Osteuropa-Institut, Regensburg (Institut for East European Studies))

  • Volkhart Vincentz


Central and Eastern European Countries have been severely affected by the 2008 financial crisis. Several ways of contagion of the financial turmoil worked at different strengths in the different coun-tries. Although the disparities of the effects of the financial crisis are rather large, there are a number of common explanatory features. Mechanisms of transmission of the global financial crisis to the CEECs and its effects on these countries are discussed in this paper.

Suggested Citation

  • Ekaterina Sprenger & Volkhart Vincentz, 2010. "Financial Crisis in Central and Eastern Europe," Memoranda - Policy Papers 48, Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
  • Handle: RePEc:ost:memopp:48

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    References listed on IDEAS

    1. Anderson, Kathryn & Pomfret, Richard, 2004. "Spatial Inequality and Development in Central Asia," WIDER Working Paper Series 036, World Institute for Development Economic Research (UNU-WIDER).
    2. Boris Najman & Richard Pomfret & Gael Raballand, 2007. "The Economics and Politics of Oil in the Caspian Basin," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00266724, HAL.
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    Cited by:

    1. Hasan Cömert & Esra Nur Uğurlu, 2015. "The Impacts of the 2008 Global Financial Crisis on Developing Countries: The Case of the 15 Most Affected Countries," ERC Working Papers 1509, ERC - Economic Research Center, Middle East Technical University, revised Oct 2015.

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