Buti, Marco, (2019), “Trade shocks, growth, and resilience: Eastern Europe’s adjustment tale“, Vox CEPR Policy, Ιούνιος
The EU11 economies are among the most open economies globally. The process of trade integration and the creation of GVCs have also drove a significant inflow of FDI into these countries. This column shows that while integration in the EU and FDI have enhanced their growth potential, these developments have also made them more vulnerable to external shocks. Domestic and EU-level reforms in the EU11 should focus on increasing economic and social resilience.
- ECB, (2019), “Eurosystem staff macroeconomic projections for the euro area”, Ιούνιος
- Huizing, Harry and Laeven Luc (2019), «The procyclicality of banking in the euro area«, VOX CEPR Policy Portal, Μάιος
- Uri Dadush, (2019), “What is in store for the EU’s trade relationship with the US ?”, Bruegel, 16 Μαϊου