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Central & Eastern Europe Economic Outlook. The CEE economy is poised for significant improvement this year compared to last. Growth will be fed by consumer spending, buoyed by increasing real wages, reduced inflation and declining interest rates. Investment will receive a boost from lower interest rates and the distribution of EU funds.
Sep 13, 2021 · Today eastern Europe shares with east Asia the one proven key to long-term growth: manufacturing prowess. Because it can generate regular export income, which can be reinvested in new factories...
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- Cee’s Current Growth Engine Is Losing Momentum
- Digitization Can Be The Next Driver of Sustained Growth
- The Countries of Cee Are Uniquely Positioned to Capture The Digital Opportunity
- Collaboration Between Cee Countries as Digital Challengers Is Important
- The Time to Act Is Now
Since the transition to a market economy almost three decades ago, CEE has enjoyed a golden age of growth. The ten CEE countries examined in this report—Bulgaria, Croatia, the Czech Republic, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia—recorded on average a 114 percent increase in GDP per capita between 1996 and 2017, compar...
Today, CEE has the chance to make a strategic choice that will determine its growth path for decades to come. Our analysis shows that developing the region’s digital economy across all sectors would bring significant economic benefits, given the resulting productivity gains. By closing the digital gap with Northern and Western Europe, CEE could ear...
Looking at Europe from the perspective of digitization, we distinguish three broad groups of countries. First are the ten countries of CEE that form the core of this study. We call these countries “digital challengers,” as they demonstrate strong potential for growth in digital and can emulate the second group, consisting of relatively small countr...
The countries of CEE will only be able to capture the full potential of the digital transformation by cooperating closely with each other: 1. Similar starting points.The countries of CEE have high levels of market openness, similar levels of digitization, and cultural and historical commonalities. 2. Scale effects.Together, digital challengers repr...
We believe that to benefit fully from digital transformation, the time for CEE to act is now. Our sense of urgency is based on three factors. First, digital challengers are currently booming economically, with thriving private sectors. In 2017, digital challengers saw their highest levels of GDP growth in more than a decade. This positive environme...
Feb 14, 2023 · We’ve established that central Eastern Europe is expected to see economic growth in the coming months, and the trend among consumers seems to follow a similar path. Consumers in the region seem to be less hesitant in their spending habits than the consumers in the west.
Jan 30, 2024 · Analysis. Growth in Central and Eastern Europe will strengthen in 2024. January 30, 2024. 5 Min Read. Craig Turp-Balazs. The EU members in Central and Eastern Europe are returning to normality and will continue the process of economic convergence with Western Europe that was interrupted last year.
Dec 1, 2013 · The nations of Central and Eastern Europe were among the fastest growing in the world before the global financial crisis. Restoring that kind of growth will require a strategy that raises investment, expands high-value exports, unleashes productivity in domestic sectors, revives foreign direct investment, and increases domestic savings.
Feb 16, 2023 · The EBRD’s report covers 36 economies from central and eastern Europe to north Africa to central Asia, which the bank expects to grow on average 2.1 per cent this year, down from its 3 per...
