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Impediments to sustainable high growth GDP in the new member countries of the European Union
Blekinge Tekniska Högskola. (Baltic Research Institute)
2006 (English)In: Economic & Financial Computing, ISSN 0962-2780, Vol. 16, no 3, p. 103-148Article in journal (Refereed) Published
Abstract [en]

The former centrally-planned economies among the new EU member states are performing quite well in terms of growth. But is there a potential to improve economic growth more visibly? If yes, where are the sources or impediments to increased long-term growth? This paper puts a special emphasis on microeconomic conditions for growth. This approach is often neglected in commercial market analysis. Macroeconomic stability is a necessary, but not sufficient, precondition for sustainable good growth. Improved microeconomic and institutional conditions can lead to desirable increases of the potential growth rate. All this is necessary to meet growing global competition which companies in EU8 countries increasingly have to tackle.

Place, publisher, year, edition, pages
European Economics and Financial Centre London, 2006. Vol. 16, no 3, p. 103-148
Keywords [en]
Emerging markets, Economic growth
National Category
Social Sciences
Research subject
Economy, Economics
Identifiers
URN: urn:nbn:se:lnu:diva-32623OAI: oai:DiVA.org:lnu-32623DiVA, id: diva2:702972
Available from: 2014-03-05 Created: 2014-03-05 Last updated: 2014-05-22Bibliographically approved

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Fromlet, Hubert

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CiteExportLink to record
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Citation style
  • apa
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  • ieee
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  • Other locale
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