The European Union and the MENA countries: fostering North-South economic integration (by Sándor Richter; pp. 1-5) Keywords: North-South, economic integration Countries covered: European Union, MENA Topics: Labour, Migration and Income Distribution Europe's position in trade in knowledge-intensive business services (by Joseph Francois and Olga Pindyuk; pp. 6-12) Keywords: trade, knowledge-intensive business services Countries covered: European Union, OECD, East Asia Topics: International Trade, Competitiveness and FDI What kind of socio-economic order do we need in Euro...more

Patterns of transition (by K. Poznanski, J. Poznanska and H.Y. Liu; pp. 1-11) Keywords: transition, shock therapy, privatization, market vs. state Countries covered: CEE, CIS, East Asia Topics: Macroeconomic Analysis and Policy Recent trends in the quality of traded goods: NMS are closing the gaps (by N. Foster, J. Pöschl and R. Stehrer; pp. 12-19) Keywords: quality, unit value ratios, price vs. quality competition Countries covered: EU, CEE, CIS, Asia, East Asia Topics: International Trade, Competitiveness and FDI Animal spirits (by V. Gligorov; pp. 20-22) Keywords: Keynes, unc...more

A structural decomposition of international trade (by J.F. Francois and J. Wörz; pp. 1-7) Migration, skills and productivity (by P. Huber and M. Landesmann; pp. 8-11) Structural root causes of the debt crises/heterogeneity (by L. Podkaminer, p. 12) Statistical Annex: Selected monthly data on the economic situation in Central and Eastern Europe (pp. 13-20) Guide to wiiw statistical services on Central, East and Southeast Europe, Russia and Ukraine (p. 21) ...more

Cohesion policy - does it have a future? (by S. Richter; pp. 1-2) The great crisis and the American response (by J. K. Galbraith; pp. 3-11) Export-led growth and trade among developing countries: tendencies and prospects (by O. Havrylyshyn, pp. 12-17) Statistical Annex: Selected monthly data on the economic situation in Central and Eastern Europe (pp. 19-26) Guide to wiiw statistical services on Central, East and Southeast Europe, Russia and Ukraine (p. 27) ...more

European energy security: a concern common to both the EU and Russia (by P. Havlik; pp. 1-2) The current state and prospects of the Russian energy sector (by V. Astrov; pp. 3-5) Short-run projections of patterns of job contraction in the Czech Republic, Hungary, Slovakia and Slovenia (by R. Stehrer and T. Ward, pp. 6-11) Statistical Annex: Selected monthly data on the economic situation in Southeast Europe, Russia and Ukraine (pp. 13-21) Guide to wiiw statistical services on Central, East and Southeast Europe, Russia and Ukraine (p. 23) ...more

This report analyses the link between the industrial allocation of FDI and economic development, using a newly constructed data set on industrial FDI stocks for six individual manufacturing industries (food, textiles/wood, petroleum/chemicals/rubber/plastics, metals/mechanical products, electrical machinery, transport equipment). We give a comprehensive overview of the economic structure in a range of countries, including OECD members, the new EU member states and East Asian countries. The time period analysed ranges from 1987 to 2000, with differing coverage for the individual countries. The ...more

This paper explores the link between trade structure, trade specialization and per capita income growth. It is argued that industrial upgrading in export specialization patterns has a positive long-run growth effect, while the effect of structural change in industrial import patterns is in principle ambiguous. A standard empirical growth model is augmented by various measures of structural change. The hypothesis that not trade per se matters, but that various types of trading activities impact differently on economic growth is tested on a sample of 45 countries (OECD members and selected Asian...more

This report investigates the impact of trade structure and trade specialization on long-run development patterns in a heterogeneous set of countries, including most OECD countries, developing and rapidly industrializing Asian and Latin American countries as well as ten Central and Eastern European countries over the period 1981 to 1998. The hypothesis that not trade per se matters for economic development, but that technology and skill intensity of trade flows is important, is empirically tested using data on various macroeconomic variables (GDP, investment, FDI inflows, schooling) together wi...more