The Role of Central & Eastern Europe in Global Value Chains - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Role of Central & Eastern Europe in Global Value Chains write by Gábor Márk Pellényi. This book was released on 2020. The Role of Central & Eastern Europe in Global Value Chains available in PDF, EPUB and Kindle.
Emigration and Its Economic Impact on Eastern Europe
Emigration and Its Economic Impact on Eastern Europe - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Emigration and Its Economic Impact on Eastern Europe write by Mr.Ruben V Atoyan. This book was released on 2016-07-20. Emigration and Its Economic Impact on Eastern Europe available in PDF, EPUB and Kindle. This paper analyses the impact of large and persistent emigration from Eastern European countries over the past 25 years on these countries’ growth and income convergence to advanced Europe. While emigration has likely benefited migrants themselves, the receiving countries and the EU as a whole, its impact on sending countries’ economies has been largely negative. The analysis suggests that labor outflows, particularly of skilled workers, lowered productivity growth, pushed up wages, and slowed growth and income convergence. At the same time, while remittance inflows supported financial deepening, consumption and investment in some countries, they also reduced incentives to work and led to exchange rate appreciations, eroding competiveness. The departure of the young also added to the fiscal pressures of already aging populations in Eastern Europe. The paper concludes with policy recommendations for sending countries to mitigate the negative impact of emigration on their economies, and the EU-wide initiatives that could support these efforts.
World Development Report 2020
World Development Report 2020 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook World Development Report 2020 write by World Bank. This book was released on 2019-11-19. World Development Report 2020 available in PDF, EPUB and Kindle. Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.
Cross-border Production Chains and Business Cycle Co-movement Between Central and Eastern European Countries and Euro Area Member States
Cross-border Production Chains and Business Cycle Co-movement Between Central and Eastern European Countries and Euro Area Member States - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Cross-border Production Chains and Business Cycle Co-movement Between Central and Eastern European Countries and Euro Area Member States write by . This book was released on 2014. Cross-border Production Chains and Business Cycle Co-movement Between Central and Eastern European Countries and Euro Area Member States available in PDF, EPUB and Kindle.
Critical Connections
Critical Connections - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Critical Connections write by David Michael Gould. This book was released on 2018-09-25. Critical Connections available in PDF, EPUB and Kindle. Critical Connections examines how trade, investment, migration, and other linkages among countries drive economic growth in the Europe and Central Asia region. The study breaks new ground by using a multidimensional approach that recognizes how each connectivity channel for growth is likely to be affected by the strength of other channels. This multidimensional view makes it easier to see that diversity in country connections and balance in all channels of connectivity are critical for achieving the greatest impact on growth. Europe and Central Asia provides a great laboratory for observing the role of multidimensional connectivity in action. The region’s 30 countries vary widely in the openness of their economies. Its collective experience shows how the various elements of cross-border connectivity work together to accelerate progrowth knowledge transfers, which in turn boost productivity through participation in today’s global value chains. A country’s economic partner might be just as important as the type of connection. Being well connected to highly connected countries can provide benefits beyond being well connected to comparatively isolated countries. Although greater connectivity can expose countries to external shocks, the report presents fact-based argument for policies that seek to build deeper and more diverse connections within the Europe and Central Asia region and globally. The message is timely. Europe’s once-confident march toward economic integration has slowed over the past decade, with voices in many countries questioning the wisdom of opening to the global economy. Critical Connections serves as a reminder to citizens and policy makers that greater regional and global connectivity has been a tremendous “convergence machine,†? raising living standards of lower-income countries toward those of wealthier middle- to high-income countries.
