Gabor Hunya

Gabor Hunya
Senior Research Associate

email: wiiw@wiiw.ac.at
telephone: (+43-1) 533 66 10

Gabor Hunya is Senior Research Associate at wiiw and country expert for Moldova and Romania, focusing on macroeconomic analysis and policy. His research areas are on privatisation and foreign direct investment in Central, East and Southeast Europe. Beyond his research and publishing Gabor Hunya was regularly engaged by national and multinational institutions and banks as a consultant in the field of country risk assessment, economic transformation, foreign direct investment flows and risks (e.g. World Bank, UNCTAD and OECD). For years he was editor of the annual publication 'wiiw FDI Report Central East and Southeast Europe'. He holds an M.A. degree and doctorate in economic geography of the Budapest University.

Austria, Vienna

List of Publications

External Publications wiiw Publications

External Publications

Articles in refereed journals
  • 'Marathon mit Stolpersteinen', Osteuropa, Vol. 69, No. 6-8, 2019, pp. 129-142
  • 'Romania: ten years of EU membership', Romanian Journal of European Affairs, Vol. 17, No. 1, 2017, pp. 5-15
  • 'An assessment of the access by Romanian SMEs to structural Funds', Danube Law and Economics Review, No. 4, December 2011, pp. 19-49
  • 'Problems of Romanian SMEs with tapping EU structural funds', Eastern Journal of European Studies, Vol. 2, No. 1, 2011, pp. 129-146
  • 'Mutual trade and investment of the Visegrad countries before and after their EU accession' (with Sandor Richter), Eastern Journal of European Studies, Vol. 2, No. 2, 2011, pp. 129-146
  • 'Economic assessment of Southeast Europe: catching-up continues, but accession prospects uncertain', Romanian Journal of European Affairs, Vol. 5, No. 3, 2005
  • 'Ventajas de la localización de los nuevos miembros de la UE: una vision dinámica', Ekonomiaz, No. 1, 2005, pp 40-59
  • 'Hungarian-Romanian cross-border economic co-operation' (with Almos Telegdy), Région et Développement, No. 18/2003, 2003, pp. 14-30
  • 'Privatization and FDI in Central and Eastern Europe' (with Kalman Kalotay), Transnational Corporations, Vol. 9, No. 1, 2000
  • 'Integration of CEEC manufacturing into the European corporate structures by direct investments', MOCT-MOST, Vol. 8, No. 2, 1998, pp. 69-90
  • 'Romania 1990 -2002: Stop-go Transformation', Communist Economies & Economic Transformation, Vol. 10, No. 2, 1998, pp. 241-258
  • 'Foreign Direct Investment in Central and Eastern Europe', Current Economics, No. 6, 1998, pp. 9-11
Books (Monographs and editorship)
  • CEFTA Investment Report 2017 (with Mahdi Ghodsi, Vladimir Gligorov, Richard Grieveson, Doris Hanzl-Weiss, Mario Holzner and Roman Stöllinger), CEFTA Secretariat, Brussels, 2017
  • European Integration: First Experience and Future Challenges, L. Csaba, J. Fogarasi and Gabor Hunya (eds), Partium Press Oradea, 2011
  • Foreign Direct Investment, Economic Growth and Labour Market Performance: Empirical Evidence from the New EU Countries, M. Birsan, Gabor Hunya and Iulia Siedschlag (eds), Editure Fundatiei pentru Studii Europeane, Cluj, 2008
  • Integration through Foreign Direct Investment: Making Central European Industries Competitive, Gabor Hunya (eds), Edward Elgar Publ., 2000
  • Foreign Direct Investment in Central and Eastern Europe, Bank Austria, 1997
Articles in books
  • 'Conditions for an investment revival in Central and Eastern Europe', in: Jan Drahokoupil and Béla Galgóczi (eds), Condemned to be left behind? Can Central and Eastern Europe emerge from its low-wage model?, Chapter 1, ETUI aisbl, Brussels, 2017, pp. 25-46
  • 'Recent FDI trends in Central, East and Southeast Europe (CESEE)', in: Ernest Gnan and Ralf Kronberger (eds), Schwerpunkt Außenwirtschaft 2016/2017: Direktinvestitionen: Trends, Erklärungsfakoren, Barrieren, Facultas, Wien, 2017, pp. 175-190
  • 'Mapping flows and patterns of foreign direct investment in central and eastern Europe, Greece and Portugal during the crisis', in: Magdalena Bernaciak, Jan Drahokoupil and Béla Galgóczi (eds), Foreign investment in eastern and southern Europe after 2008: Still a lever of growth?, ETUI aisbl, Brussels, 2015, pp. 37-70
  • 'Internationalisation of business investments in R&D and analysis of their economic impact' (with Bernhard Dachs, Neil Foster-McGregor, Doris Hanzl-Weiss, Franziska Kampik, Sandra M. Leitner, Thomas Scherngell, Robert Stehrer, Waltraut Urban and Georg Zahradnik), European Commission Directorate General for Research and Innovation, Luxembourg, 2012
  • 'Romania from EU Accession to Crisis and the Need for a new Growth Strategy', in: L. Csaba, J. Fogarasi and Gabor Hunya (eds), European Integration: First Experience and Future Challenges, Partium Press Oradea, 2011, pp.9-25
  • 'Recent Trends of Foreign Direct Investment in the New EU Member States', in: M. Birsan, Gabor Hunya and Iulia Siedschlag (eds), Foreign Direct Investment, Economic Growth and Labour Market Performance: Empirical Evidence from the New EU Countries, Editure Fundatiei pentru Studii Europeane, Cluj, 2008, pp. 13-30
  • 'Economic Transformation and its Consequences in the New Member States', in: Hannes Swoboda and Jan Marinus Wiersma (eds), Democracy, Populism and Minority Rights, Renner Institute, 2008, pp. 23-30
  • 'Increasing FDI in the New EU Member States - Increasing Relocation from the EU-15?', in: Béla Galgóczi, Maarten Keune and Andrew Watt (eds), Jobs on the Move, P.I.E. Peter Lang S.A., Brussels, 2008, pp. 71-97
  • 'Can internationalization through inward FDI be advantageous for Russia?', in: Ruslan Grinberg, Peter Havlik and Oleh Havrylyshyn (eds), Economic Restructuring and Integration in Eastern Europe. Experiences and Policy implications, Nomos, Baden-Baden, 2008, pp. 453-461
  • 'FDI in the new EU borderland', in: Ruslan Grinberg, Peter Havlik and Oleh Havrylyshyn (eds), Economic Restructuring and Integration in Eastern Europe. Experiences and Policy Implications, Nomos Verlagsgesellschaft, Baden-Baden, 2008, pp. 73-93
  • 'Einfluss der ausländischen Direktinvestitionen auf den Strukturwandel in den neuen EU-Mitgliedsstaaten', in: Jutta Günther and Dagmara Jajesniak-Quat (eds), Willkommene Investoren oder nationaler Ausverkauf?, Berliner Wissenschafts-Verlag, 2006
  • 'Foreign direct investment in CEECs and the position of the electricity, gas, and water distribution sector', in: Peter Mooslechner and Gertrude Tumpel-Gugerell (eds), Structural Challenges for Europe, Edward Elgar, Cheltenham, 2004
  • 'FDI-led Economic Growth in Romania?', Competitiveness of National Economies and the Efficient Integration into the European Union, Editura Fundatiei pentru Studii Europene, Cluj-Napoca, 2003, pp. 167-184
  • 'Foreign Direct Investment in South Eastern Europe in the Early 2000s', in: Vojmir Franicevic and Hiroshi Kimura (eds), Globalizaton, Democratization and Development: European and Japanese Views of Change in South East Europe, Masmedia, Zagreb, 2003, pp.349-261
  • 'International competitiveness: impacts of foreign direct investment in Hungary and other central and east European countries', in: Heike Jöns and Peter Meusburger (eds), Transformations in Hungary, Physica-Verlag, Heidelberg, 2001
  • 'Relationship between FDI, Privatisation and Structural Change in CEECs', in: Frank Bökner, Eckehard Rosenbaum and Hans-Jürgen Wagener (eds), Privatisation, Corporate Governance and the Emergence of Markets, Macmillan Publishers, Basingstoke/London, 1999
  • 'Foreign direct investment and its employment effects in the Czech Republic, Hungary and Poland', in: Gudrun Biffl (eds), Migration, Free Trade and Regional Integration in Central and Eastern Europe, WIFO and OECD, Verlag Österreich, Vienna, pp. 137-174
Articles in non-refereed journals
  • 'FDI patterns and trends in central and eastern Europe with particular regard to the new Member States' (with Béla Galgóczi), Transfer, Vol. 12, No. 4, 2006, pp. 521-537
  • 'FDI in Small Accession Countries: the Baltic States', EIB Papers, Vol. 9, No 2, 2004, pp. 92-113
Shorter papers and comments
  • 'Gebt der rumänischen Regierung eine Chance!', Der Standard, 1st January 2019
Other working papers and discussion series
  • 'Industrial Policy for a New Growth Model: A Toolbox for EU-CEE Countries' (with Alexandra Bykova, Rumen Dobrinsky, Richard Grieveson, Maciej J. Grodzicki, Doris Hanzl-Weiss, Niko Korpar, Sebastian Leitner, Bernhard Moshammer, Ondřej Sankot, Bernd Christoph Ströhm, Maryna Tverdostup and Zuzana Zavarská), Friedrich Ebert Stiftung, Vienna Institute for International Economic Studies, Study, April 2023
  • 'How EU funds tackle economic divide in the European Union' (with Julia Bachtrögler, Roland Blomeyer, Doris Hanzl-Weiss, Mario Holzner, Veronika Kubeková, Oliver Reiter, Margit Schratzenstaller, Robert Stehrer and Roman Stöllinger), European Parliament, July 2020
  • 'Socio-Economic Assessment of the Danube Region: State of the Region, Challenges and Strategy Development - Final Report Part I Update' (with Martin Achtnicht, Bernhard Boockmann, Mariela Borell, Günther Klee, Raimund Krumm, Bettina Müller, Roman Römisch and Hermine Vidovic), ZEW Gutachen, Baden-Wuerttemberg Ministry of Finance and Economics, 2015
  • 'Escaping to the East? Relocation of business activities to and from Hungary, 2003–2011' (with Magdolna Sass), IEHAS Discussion Papers, No. MT-DP 2014/7, Budapest, 2014
  • 'Ausländische Direktinvestitionen in Wien' (with Roman Römisch and Roman Stöllinger), Wirtschaftsagentur Wien, started September 2012
  • 'Report on Foreign Direct Investment in Albania, 2011', UNDP Albania and UNCTAD, May 2012
  • 'Report on Foreign Direct Investment in Albania, 2010', UNDP Albania and UNCTAD, December 2010
  • 'EU and BRICs: Challenges and opportunities for European competitiveness and cooperation' (with Vasily Astrov, Edward Christie, Bernhard Dachs, Jayati Ghosh, Peter Havlik, Carolina Lennon, Olga Pindyuk, Marcos Poplawski-Ribeiro, Roman Stöllinger and Waltraut Urban), Industrial Policy and Economic Reform Papers, No. 13, July 2009
  • 'EU and BRICs: Challenges and opportunities for European competitiveness and cooperation' (with Vasily Astrov, Edward Christie, Bernhard Dachs, Jayati Ghosh, Peter Havlik, Carolina Lennon, Olga Pindyuk, Marcos Poplawski-Ribeiro, Roman Stöllinger and Waltraut Urban), European Competitiveness Report 2009, Brussels, 2009
  • 'The Role of Foreign Direct Investment in the Croatian Economy' (with Alen Skudar), OECD Investment Compact for South East Europe, 2007
  • 'The Impact of Foreign Direct Investment on the Restructuring of the Metal Processing Industry in Bosnia and Herzegovina' (with Mario Holzner, Goran Nedic and Waltraut Urban), OECD Investment Compact for South East Europe, May 2007

wiiw Publications

wiiw Forecast Reports
  • 'MOLDOVA: Upswing held back by bad harvest', in: Vasily Astrov (eds), External weakness dampening robust consumer-driven growth, wiiw Forecast Report, No. October 2024, Vienna, October 2024, pp. 94-97
  • 'ROMANIA: Twin deficits put a brake on economic growth', in: Vasily Astrov (eds), External weakness dampening robust consumer-driven growth, wiiw Forecast Report, No. October 2024, Vienna, October 2024, pp. 111-114
  • 'MOLDOVA: Prospects improving amidst considerable political risk', The Crisis is Over, but its Scarring Effects are Hindering Recovery, wiiw Forecast Report, No. Spring 2024, Vienna, April 2024, pp. 93-96
  • 'ROMANIA: Moderate growth despite loose fiscal policy', The Crisis is Over, but its Scarring Effects are Hindering Recovery, wiiw Forecast Report, No. Spring 2024, Vienna, April 2024, pp. 109-112
  • 'MOLDOVA: Emerging from depression', Beneath the Veneer of Calm, wiiw Forecast Report, No. Autumn 2023, Vienna, October 2023, pp. 96-99
  • 'ROMANIA: How much fiscal consolidation?', Beneath the Veneer of Calm, wiiw Forecast Report, No. Autumn 2023, Vienna, October 2023, pp. 112-115
  • 'MOLDOVA: Recovery depends on weather conditions and foreign assistance', Sailing Through Rough Waters, wiiw Forecast Report, No. Spring 2023, Vienna, April 2023, pp. 84-87
  • 'ROMANIA: EU-financed investments cushioning the slowdown', Sailing Through Rough Waters, wiiw Forecast Report, No. Spring 2023, Vienna, April 2023, pp. 100-103
  • 'MOLDOVA: Outlook worsens as war in neighbourhood persists', Bracing for the Winter, wiiw Forecast Report, No. Autumn 2022, Vienna, October 2022, pp. 109-112
  • 'ROMANIA: EU funds help to weather the storm', Bracing for the Winter, wiiw Forecast Report, No. Autumn 2022, Vienna, October 2022, pp. 125-128
  • 'MOLDOVA: From boom to bust', Overshadowed by War and Sanctions, wiiw Forecast Report, No. Spring 2022, Vienna, April 2022, pp. 87-90
  • 'ROMANIA: On the bumpy road to readjustment', Overshadowed by War and Sanctions, wiiw Forecast Report, No. Spring 2022, Vienna, April 2022, pp. 103-106
  • 'MOLDOVA: Reorientation towards the West', Recovery Beating Expectations, wiiw Forecast Report, No. Autumn 2021, Vienna, October 2021, pp. 81-84
  • 'ROMANIA: Recovery shaken by triple crisis', Recovery Beating Expectations, wiiw Forecast Report, No. Autumn 2021, Vienna, October 2021, pp. 98-101
  • 'ROMANIA: Modest slowdown, moderate recovery', Darkest before the dawn?, wiiw Forecast Report, No. Spring 2021, Vienna, April 2021, pp. 110-113
  • 'MOLDOVA: Cumbersome recovery from deep recession', Darkest before the dawn?, wiiw Forecast Report, No. Spring 2021, Vienna, April 2021, pp. 94-97
  • 'MOLDOVA: Dependent on aid from both East and West', No Quick Recovery in Sight, with Coronavirus Risks Looming Large, wiiw Forecast Report, No. Autumn 2020, Vienna, November 2020, pp. 85-88
  • 'ROMANIA: Getting away with large fiscal imbalances', No Quick Recovery in Sight, with Coronavirus Risks Looming Large, wiiw Forecast Report, No. Autumn 2020, Vienna, November 2020, pp. 100-103
  • 'Special section: The impact of the Coronavirus on CESEE economies' (with Vasily Astrov, Alexandra Bykova, Rumen Dobrinsky, Richard Grieveson, Doris Hanzl-Weiss, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter, Bernd Christoph Ströhm and Hermine Vidovic), Uncertainty in Turbulent Times, wiiw Forecast Report, No. Spring 2020, Vienna, March 2020, pp. 35-47
  • 'FDI monitor: Inflows rise on account of Russia', Uncertainty in Turbulent Times, wiiw Forecast Report, No. Spring 2020, Vienna, March 2020, pp. 58-59
  • 'MOLDOVA: Solid growth amidst political consolidation', Uncertainty in Turbulent Times, wiiw Forecast Report, No. Spring 2020, Vienna, March 2020, pp. 111-114
  • 'ROMANIA: Slowdown and twin deficits', Uncertainty in Turbulent Times, wiiw Forecast Report, No. Spring 2020, Vienna, March 2020, pp. 127-130
  • 'FDI monitor: Inflows to EU-CEE stagnate, catch-up in the Western Balkans, decline in Russia', Braced for Fallout from Global Slowdown, wiiw Forecast Report, No. Autumn 2019, Vienna, November 2019, pp. 37-38
  • 'MOLDOVA: Solid growth amidst fragile political consolidation', Braced for Fallout from Global Slowdown, wiiw Forecast Report, No. Autumn 2019, Vienna, November 2019, pp. 87-90
  • 'ROMANIA: New government to initiate fiscal consolidation', Braced for Fallout from Global Slowdown, wiiw Forecast Report, No. Autumn 2019, Vienna, November 2019, pp. 101-104
  • 'FDI monitor: Inflows up in the EU-CEE11 and the Western Balkans; down in Russia', Moving Into the Slow Lane, wiiw Forecast Report, No. Spring 2019, Vienna, March 2019, pp. 45-46
  • 'MOLDOVA: Solid growth with prospects with elevated risks', Moving Into the Slow Lane, wiiw Forecast Report, No. Spring 2019, Vienna, March 2019, pp. 108-111
  • 'ROMANIA: Who pays the bill for fiscal loosening?', Moving Into the Slow Lane, wiiw Forecast Report, No. Spring 2019, Vienna, March 2019, pp. 124-127
  • 'FDI monitor: Inflows down by almost a quarter in 2017', Strong Growth Amid Increased Negative Risks, wiiw Forecast Report, No. Autumn 2018, Vienna, November 2018, pp. 50-51
  • 'ROMANIA: Slowdown continues', Strong Growth Amid Increased Negative Risks, wiiw Forecast Report, No. Autumn 2018, Vienna, November 2018, pp. 118-121
  • 'ROMANIA: Down from the peak', Riding the Global Growth Wave, wiiw Forecast Report, No. Spring 2018, Vienna, March 2018, pp. 130-133
  • 'ROMANIA: Economic deceleration to follow the current boom', CESEE Back on Track to Convergence, wiiw Forecast Report, No. Autumn 2017, Vienna, November 2017, pp. 103-106
  • 'ROMANIA: Economic deceleration follows the boom', Cautious Upturn in CESEE: Haunted by the Spectre of Uncertainty, wiiw Forecast Report, No. Spring 2017, Vienna, March 2017, pp. 103-106
  • 'ROMANIA: Sobering to follow upbeat', Labour Shortages Driving Economic Growth?, wiiw Forecast Report, No. Autumn 2016, Vienna, November 2016, pp. 97-100
  • 'Growth stabilises: investment a major driver, except in countries plagued by recession – overview', Growth Stabilises: Investment a Major Driver, Except in Countries Plagued by Recession, wiiw Forecast Report, No. Spring 2016, Vienna, March 2016, pp. 5-31
  • 'ROMANIA: Pro-cyclical fiscal loosening', Growth Stabilises: Investment a Major Driver, Except in Countries Plagued by Recession, wiiw Forecast Report, No. Spring 2016, Vienna, March 2016, pp. 109-113
  • 'ROMANIA: Investments and consumption fuel growth', Mixed Prospects: Consumption Leads Fragile Recovery in the CESEE Core – CIS Stumbles, wiiw Forecast Report, No. Autumn 2015, Vienna, November 2015, pp. 109-112
  • 'Romania: Investment slump and consumption boom', A Time of Moderate Expectations, wiiw Forecast Report, No. Spring 2015, Vienna, March 2015, pp. 75-78
  • 'ROMANIA: Investment slump', On Thin Ice: CESEE Core Resilient in the Face of EU Stagnation and the Ukraine Crisis, wiiw Forecast Report, No. Autumn 2014, Vienna, November 2014, pp. 75-77
  • 'Special Section I: Adjustments to the balances of payments', Investment to the Rescue, wiiw Forecast Report, No. Spring 2014, Vienna, March 2014, pp. 18-21
  • 'ROMANIA: After export boom in 2013 recovery of consumption and investments expected', Investment to the Rescue, wiiw Forecast Report, No. Spring 2014, Vienna, March 2014, pp. 63-65
  • 'Romania: Sober optimism', Animal Spirits still Dimmed: Slow Recovery Expected, wiiw Current Analyses and Forecasts, No. 12, Vienna, July 2013, pp. 95-97
  • 'Romania: Sobered optimism', Double-dip Recession over, yet no Boom in Sight, wiiw Current Analyses and Forecasts, No. 11, Vienna, March 2013, pp. 87-90
  • 'Romania: New government relaxing the budget', Fasting or Feasting? Europe - Old and New - at the Crossroads, wiiw Current Analyses and Forecasts, No. 10, Vienna, July 2012, pp. 82-85
  • 'Romania: Slowdown after boom', New Divide(s) in Europe?, wiiw Current Analyses and Forecasts, No. 9, Vienna, March 2012, pp. 76-79
  • 'Romania: Slowly emerging from the dark', Recovery: Limp and Battered, wiiw Current Analyses and Forecasts, No. 8, Vienna, July 2011, pp. 76-79
  • 'Romania: Election cycle ahead', Recovery - in Low Gear across Tough Terrain, wiiw Current Analyses and Forecasts, No. 7, Vienna, March 2011, pp. 66-69
  • 'Romania: Desperate austerity', Will Exports Prevail over Austerity?, wiiw Current Analyses and Forecasts, No. 6, Vienna, July 2010, pp. 80-83
  • 'Romania: Stagnation', Crisis Is Over, but Problems Loom Ahead, wiiw Current Analyses and Forecasts, No. 5, Vienna, February 2010
  • 'Romania: contraction in all fields', in: Vladimir Gligorov, Josef Pöschl and Sandor Richter (eds), Where Have All the Shooting Stars Gone?, wiiw Current Analyses and Forecasts, No. 4, Vienna, July 2009, pp. 48-51
  • 'NMS sliding down the slippery slope', Differentiated Impact of the Global Crisis, wiiw Current Analyses and Forecasts, No. 3, Vienna, February 2009, pp. 6-23
  • 'Romania: on the verge of recession', in: Vladimir Gligorov, Gabor Hunya and Josef Pöschl (eds), Differentiated Impact of the Global Crisis, wiiw Current Analyses and Forecasts, No. 3, Vienna, February 2009, pp. 40-42
  • 'Romania: boom resumed', in: Leon Podkaminer and Josef Pöschl (eds), The Big Boom Is Over, but Growth Remains Strong and Inflation Calms Down, wiiw Current Analyses and Forecasts, No. 2, Vienna, July 2008, pp. 58-61
  • 'Romania: inflation target failed, more uncertainty ahead', in: Peter Havlik and Mario Holzner (eds), Weathering the Global Storm, yet Rising Costs and Labour Shortages May Dampen Domestic Growth, wiiw Current Analyses and Forecasts, No. 1, Vienna, February 2008, pp. 40-42
wiiw Monthly Reports
  • 'Moldova: Slow recovery despite subdued inflation', in: Vasily Astrov, Richard Grieveson, Branimir Jovanović and Zuzana Zavarská (eds), Monthly Report No. 7-8/2024, wiiw Monthly Report, No. 7-8, Vienna, July-August 2024, p. 38
  • 'Romania: Growing fiscal tension', in: Vasily Astrov, Richard Grieveson, Branimir Jovanović and Zuzana Zavarská (eds), Monthly Report No. 7-8/2024, wiiw Monthly Report, No. 7-8, Vienna, July-August 2024, p. 40
  • 'Moldova: Economic recovery at high political risk', in: Vasily Astrov and Richard Grieveson (eds), Monthly Report No. 1/2024, wiiw Monthly Report, No. 1, Vienna, January 2024, p. 43
  • 'Romania: Modest recovery amid fiscal consolidation', in: Vasily Astrov and Richard Grieveson (eds), Monthly Report No. 1/2024, wiiw Monthly Report, No. 1, Vienna, January 2024, p. 45
  • 'Moldova: Increased international assistance and better harvest improve growth prospects', in: Vasily Astrov and Richard Grieveson (eds), Monthly Report No. 7-8/2023, wiiw Monthly Report, No. 7-8, Vienna, July-August 2023, p. 44
  • 'Romania: Both growth and inflation slowing', in: Vasily Astrov and Richard Grieveson (eds), Monthly Report No. 7-8/2023, wiiw Monthly Report, No. 7-8, Vienna, July-August 2023, p. 46
  • 'Romania: Deceleration despite an engine change', in: Vasily Astrov and Richard Grieveson (eds), Monthly Report No. 1/2023, wiiw Monthly Report, No. 1, Vienna, January 2023, p. 39
  • 'Moldova: Emerging from the energy crisis?', in: Vasily Astrov and Richard Grieveson (eds), Monthly Report No. 1/2023, wiiw Monthly Report, No. 1, Vienna, January 2023, p. 37
  • 'Moldova: Recession ahead', in: Vasily Astrov and Richard Grieveson (eds), Monthly Report No. 7-8/2022, wiiw Monthly Report, No. 7-8, Vienna, July-August 2022, p. 43
  • 'Romania: Adverse impacts of inflation and war come with a delay', in: Vasily Astrov and Richard Grieveson (eds), Monthly Report No. 7-8/2022, wiiw Monthly Report, No. 7-8, Vienna, July-August 2022, p. 45
  • 'Moldova: Hit by Russian gas price hikes', in: Vasily Astrov (eds), Monthly Report No. 1/2022, wiiw Monthly Report, No. 1, Vienna, January 2022, p. 51
  • 'Romania: Stable government helps meet conditions for EU assistance', in: Vasily Astrov (eds), Monthly Report No. 1/2022, wiiw Monthly Report, No. 1, Vienna, January 2022, p. 53
  • 'Chart of the month: Austrian greenfield investments in CESEE defy the COVID-19 crisis', in: Vasily Astrov (eds), Monthly Report No. 11/2021 - FDI in Central, East and Southeast Europe, wiiw Monthly Report, No. 11, Vienna, November 2021, pp. 7-8
  • 'Fragile post-COVID FDI bounce-back in CESEE', in: Vasily Astrov (eds), Monthly Report No. 11/2021 - FDI in Central, East and Southeast Europe, wiiw Monthly Report, No. 11, Vienna, November 2021, pp. 9-15
  • 'Moldova: Rapid recovery and the chance to find an anchor with the EU', in: Vasily Astrov (eds), Monthly Report No. 7-8/2021, wiiw Monthly Report, No. 7-8, Vienna, July-August 2021, p. 35
  • 'Romania: Rapid post-COVID recovery amid large imbalances', in: Vasily Astrov (eds), Monthly Report No. 7-8/2021, wiiw Monthly Report, No. 7-8, Vienna, July-August 2021, p. 37
  • 'Moldova: Keeping low key', Monthly Report No. 5/2020, wiiw Monthly Report, No. 5, Vienna, May 2020, p. 56-57
  • 'Romania: Strict lockdown and soaring fiscal deficits', Monthly Report No. 5/2020, wiiw Monthly Report, No. 5, Vienna, May 2020, p. 64-65
  • '4. Appendix – Table: Summary of CESEE key measures regarding COVID-19 as of 30th April, 2020' (with Vasily Astrov, Alexandra Bykova, Rumen Dobrinsky, Richard Grieveson, Doris Hanzl-Weiss, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter, Bernd Christoph Ströhm and Hermine Vidovic), Monthly Report No. 5/2020, wiiw Monthly Report, No. 5, Vienna, May 2020, pp. 78-82
  • 'Moldova: Stable growth supported by lax fiscal policy', Monthly Report No. 6/2019, wiiw Monthly Report, No. 6, Vienna, June 2019, p. 15
  • 'Romania: Economic growth falters', Monthly Report No. 6/2019, wiiw Monthly Report, No. 6, Vienna, June 2019, p. 19
  • 'Outward FDI and intra-regional integration of EU-CEE11 countries', Monthly Report No. 3/2019, wiiw Monthly Report, No. 3, Vienna, March 2019, pp. 13-21
  • 'Romania: Economic growth falters', Monthly Report No. 6/2018, wiiw Monthly Report, No. 6, Vienna, June 2018, p. 18
  • 'How much do direct investors earn in EU-CEE countries and where do they put it?', Monthly Report No. 3/2018, wiiw Monthly Report, No. 3, Vienna, March 2018, pp. 5-12
  • 'Romania: Boom continues', Monthly Report No. 7-8/2017, wiiw Monthly Report, No. 7-8, Vienna, August 2017, p. 18
  • 'Romania: ten years of EU membership', Monthly Report No. 1/2017, wiiw Monthly Report, No. 1, Vienna, January 2017, pp. 9-13
  • 'Romania: Weak production response to consumption boom', Monthly Report No. 7-8/2016, wiiw Monthly Report, No. 7-8, Vienna, August 2016, p. 18
  • 'Remembering transition', Monthly Report No. 1/2016 - Special Issue: Reality Check – wiiw Economists Reflect on 25 Years of Transition, wiiw Monthly Report, No. 1, Vienna, January 2016, pp. 11-13
  • 'Opinion corner: New governments in Poland and Romania, and related expected changes' (with Leon Podkaminer), Monthly Report No. 12/2015, wiiw Monthly Report, No. 12, Vienna, December 2015, pp. 2-5
  • 'Romania: Also investments fuel growth', Monthly Report No. 7-8/2015, wiiw Monthly Report, No. 7-8, Vienna, August 2015, p. 11
  • 'Opinion corner: Is the EU Danube Region Strategy helpful?', Monthly Report No. 4/2015, wiiw Monthly Report, No. 4, Vienna, April 2015, pp. 2-3
  • 'How to attract FDI to Ukraine after stabilisation?', Monthly Report No. 4/2015, wiiw Monthly Report, No. 4, Vienna, April 2015, pp. 11-16
  • 'Opinion corner: Presidential election in Romania: will the new broom sweep cleaner?', Monthly Report No. 11/2014, wiiw Monthly Report, No. 11, Vienna, November 2014, pp. 2-3
  • 'Romania: consumption-driven growth', Monthly Report No. 7-8/2014, wiiw Monthly Report, No. 7-8, Vienna, July 2014, p. 11
  • 'Romania and the Russia–Ukraine conflict: little affected by potential trade and investment disruption, more by political escalation ', Monthly Report No. 5/2014, wiiw Monthly Report, No. 5, Vienna, May 2014, pp. 7-10
  • 'Romania: growth driven only by exports', Monthly Report No. 10/2013, wiiw Monthly Report, No. 10, Vienna, October 2013, pp. 24-26
  • 'Regional investment policy impacts on FDI location in Poland', Monthly Report No. 5/2013, wiiw Monthly Report, No. 5, Vienna, May 2013, pp. 1-6
  • 'Romania: investment-led growth amidst political turbulence', Monthly Report No. 10/2012, wiiw Monthly Report, No. 10, Vienna, October 2012, pp. 22-24
  • 'Interim Romanian government sworn in: any room for manoeuvring?', Monthly Report No. 5/2012, wiiw Monthly Report, No. 5, Vienna, May 2012, pp. 1-4
  • 'Romania: bumper harvest underpins growth expectation', Monthly Report No. 10/2011, wiiw Monthly Report, No. 10, Vienna, October 2011, pp. 14-16
  • 'FDI among the Visegrad countries before and after EU accession', Monthly Report No. 1/2011, wiiw Monthly Report, No. 1, Vienna, January 2011, pp. 15-23
  • 'Romania: recovery postponed', Monthly Report No. 10/2010, wiiw Monthly Report, No. 10, Vienna, October 2010, pp. 15-17
  • 'FDI-related profits in the EU: do host countries lose due to FDI?', Monthly Report No. 1/2010, wiiw Monthly Report, No. 1, Vienna, January 2010, pp. 14-19
  • 'Romania: export demand may ease recession', Monthly Report No. 10/2009, wiiw Monthly Report, No. 10, Vienna, October 2009, pp. 14-17
  • 'Crisis management in selected countries of Central, East and Southeast Europe' (with Vasily Astrov, Sebastian Leitner, Zdenek Lukas, Anton Mihailov and Sandor Richter), Monthly Report No. 6/2009, wiiw Monthly Report, No. 6, Vienna, June 2009, pp. 1-10
  • 'The Republic of Moldova: short-lived recovery', Monthly Report No. 2/2009, wiiw Monthly Report, No. 2, Vienna, February 2009, pp. 1-9
  • 'Romania: record economic growth', Monthly Report No. 10/2008, wiiw Monthly Report, No. 10, Vienna, October 2008, pp. 15-17
  • 'Romania: corrections under way', Monthly Report No. 10/2007, wiiw Monthly Report, No. 10, Vienna, October 2007, pp. 12-14
  • 'EU membership – support and challenge to the competitiveness of the Polish and Romania economies', Monthly Report No. 2/2007, wiiw Monthly Report, No. 2, Vienna, February 2007, pp. 9-16
  • 'Romania: persisting uncertainties at the doorstep of the EU', Monthly Report No. 10/2006, wiiw Monthly Report, No. 10, Vienna, October 2006, pp. 18 20
  • 'Romania: decelerating economic growth, widening deficits', Monthly Report No. 10/2005, wiiw Monthly Report, No. 10, Vienna, October 2005, pp. 19-21
  • 'FDI trends in 2004-2005: opportunities for acquisition and outsourcing', Monthly Report No. 6/2005, wiiw Monthly Report, No. 6, Vienna, June 2005, pp. 12-17
  • 'Romania: booming, but cumbersome years ahead until EU accession', Monthly Report No. 11/2004, wiiw Monthly Report, No. 11, Vienna, November 2004, pp. 6-8
  • 'Foreign direct investment in the Central European new EU members', Monthly Report 6/2004, wiiw Monthly Report, No. 6, Vienna, June 2004, pp. 6-9
  • 'Romania: becoming attractive for investors', Monthly Report 11/2003, wiiw Monthly Report, No. 11, Vienna, November 2003, pp. 4-5
  • 'Romania: export-led growth', Monthly Report 10/2002, wiiw Monthly Report, No. 10, Vienna, October 2002, pp. 16-17
wiiw FDI Reports
  • 'Foreign Investments Hit by COVID-19 Pandemic. FDI in Central, East and Southeast Europe' (with Amat Adarov), wiiw FDI Report, No. 2020-12, Vienna, December 2020
  • 'Foreign Investments Mostly Robust Despite Global Downturn; Shift into Services. FDI in Central, East and Southeast Europe' (with Amat Adarov, Mahdi Ghodsi and Olga Pindyuk), wiiw FDI Report, No. 2019-06, Vienna, June 2019
  • 'Declines due to Disinvestment' (with Monika Schwarzhappel), wiiw FDI Report, No. 2018-06, Vienna, June 2018
  • 'Recovery amid Stabilising Economic Growth' (with Monika Schwarzhappel), wiiw FDI Report, No. 2017-06, Vienna, June 2017
  • 'Slump despite Global Upturn' (with Monika Schwarzhappel), wiiw FDI Report, No. 2016-06, Vienna, June 2016
  • 'Recovery in the NMS, Decline in the CIS' (with Monika Schwarzhappel), wiiw FDI Report, No. 2015-06, Vienna, June 2015
  • 'Hit by Deleveraging' (with Monika Schwarzhappel), wiiw FDI Report, No. 2014-06, Vienna, June 2014
  • 'Growth Engine Stutters' (with Monika Schwarzhappel), wiiw FDI Report, No. 2013-06, Vienna, June 2013
  • 'Short-lived Recovery' (with Monika Schwarzhappel), wiiw FDI Report, No. 2012-05, Vienna, May 2012
  • 'Diverging Patterns of FDI Recovery' (with Monika Schwarzhappel), wiiw FDI Report, No. 2011-05, Vienna, May 2011
  • 'FDI in the CEECs Hit Hard by the Global Crisis' (with Monika Schwarzhappel), wiiw FDI Report, No. 2010-05, Vienna, May 2010
  • 'FDI in the CEECs under the Impact of the Global Crisis: Sharp Declines' (with Monika Schwarzhappel), wiiw FDI Report, No. 2009-05, Vienna, May 2009
  • 'Decline to Follow Uneven FDI Inflow Growth' (with Monika Schwarzhappel), wiiw FDI Report, No. 2008-06, Vienna, June 2008
  • 'Shift to the East' (with Monika Schwarzhappel), wiiw FDI Report, No. 2007-05, Vienna, May 2007
  • 'Increased Significance of Repatriated and Reinvested Earnings' (with Monika Schwarzhappel), wiiw FDI Report, No. 2006-05, Vienna, May 2006
  • 'Opportunities for Acquisition and Outsourcing' (with Monika Schwarzhappel), wiiw FDI Report, No. 2005-05, Vienna, May 2005
  • 'Foreign Direct Investment in Central and Eastern Europe with Special Attention to Austrian FDI Activities in this Region', wiiw FDI Report, No. 2004-07, Vienna, July 2004
  • 'Foreign Direct Investment in Central and Eastern Europe with Special Attention to Austrian FDI Activities in this Region', wiiw FDI Report, No. 2004-02, Vienna, February 2004
  • 'Foreign Direct Investment in CEECs and the Former Soviet Union - with Special Attention to Austrian FDI Activities', wiiw FDI Report, No. 2003-07, Vienna, July 2003
  • 'Foreign Direct Investment in CEECs and the Former Soviet Union - with Special Attention to Austrian FDI Activities', wiiw FDI Report, No. 2003-02, Vienna, February 2003
  • 'Foreign Direct Investment in Central and East European Countries and the Former Soviet Union - with Special Attention to Austrian FDI Activities', wiiw FDI Report, No. 2002-07, Vienna, July 2002
wiiw Research Reports
  • 'Industrial Policy for a New Growth Model: A Toolbox for EU-CEE Countries' (with Alexandra Bykova, Rumen Dobrinsky, Richard Grieveson, Maciej J. Grodzicki, Doris Hanzl-Weiss, Niko Korpar, Sebastian Leitner, Bernhard Moshammer, Ondřej Sankot, Bernd Christoph Ströhm, Maryna Tverdostup and Zuzana Zavarská), wiiw Research Report, No. 469, Vienna, July 2023
  • 'Avoiding a Trap and Embracing the Megatrends: Proposals for a New Growth Model in EU-CEE' (with Alexandra Bykova, Richard Grieveson, Doris Hanzl-Weiss, Niko Korpar, Leon Podkaminer, Robert Stehrer and Roman Stöllinger), wiiw Research Report, No. 458, Vienna, November 2021
  • 'Foreign Direct Investments: A Comparison of EAEU, DCFTA and Selected EU-CEE Countries' (with Peter Havlik and Yury Zaytsev), wiiw Research Report, No. 428, Vienna, June 2018
  • 'The Belarus Economy: The Challenges of Stalled Reforms' (with Amat Adarov, Kateryna Bornukova, Rumen Dobrinsky, Peter Havlik, Dzmitry Kruk and Olga Pindyuk), wiiw Research Report, No. 413, Vienna, November 2016
  • 'The Belarus Economy: The Challenges of Stalled Reforms, Russian Version: Белорусская экономика: вызовы застопорившихся реформ' (with Amat Adarov, Kateryna Bornukova, Rumen Dobrinsky, Peter Havlik, Dzmitry Kruk and Olga Pindyuk), wiiw Research Report, No. 413, Vienna, November 2016
  • 'Regional Policy and FDI Location – an Overview of the Larger New EU Member States', wiiw Research Report, No. 393, Vienna, March 2014
  • 'The Role of Multinational Companies in International Business Integration', wiiw Research Report, No. 384, Vienna, November 2012
  • 'European Neighbourhood - Challenges and Opportunities for EU Competitiveness' (with Vasily Astrov, Peter Havlik, Mario Holzner, Isilda Mara, Sandor Richter, Roman Stöllinger and Hermine Vidovic), wiiw Research Report, No. 382, Vienna, September 2012
  • 'Revival of the Visegrad Countries’ Mutual Trade after their EU Accession: a Search for Explanation' (with Neil Foster-McGregor, Olga Pindyuk and Sandor Richter), wiiw Research Report, No. 372, Vienna, July 2011
  • 'An Assessment of the Access by Romanian SMEs to Structural Funds', wiiw Research Report, No. 368, Vienna, January 2011
  • 'Foreign Direct Investment Flows between the EU and the BRICs' (with Roman Stöllinger), wiiw Research Report, No. 358, Vienna, December 2009
  • 'Romania: growth slowdown, expanding external imbalance', in: Vladimir Gligorov and Sandor Richter (eds), High Growth Continues, with Risks of Overheating on the Horizon, wiiw Research Report, No. 341, Vienna, July 2007, pp. 48-51
  • 'Restructuring of Energy-intensive Industrial Branches in Romania and Proposals for Industrial Policy Measures' (with Edward Christie and Waltraut Urban), wiiw Research Report, No. 339, Vienna, April 2007
  • 'Privatization Disputes in Romania – the Petrom Case', wiiw Research Report, No. 337, Vienna, March 2007
  • 'Romania: economic boom with growing foreign imbalance', in: Vladimir Gligorov and Leon Podkaminer (eds), Private Consumption and Flourishing Exports Keep the Region on High Growth Track, wiiw Research Report, No. 335, Vienna, February 2007, pp. 46-49
  • 'Romania: investment-led recovery', in: Vladimir Gligorov and Leon Podkaminer (eds), Broader-based Growth Resilient to Global Uncertainties, wiiw Research Report, No. 328, Vienna, July 2006, pp. 73-76
  • 'The Impact of Romania’s Accession to the EU on the Austrian Economy' (with Anna Iara), wiiw Research Report, No. 326, Vienna, April 2006
  • 'Romania: end of the upswing', in: Vladimir Gligorov and Leon Podkaminer (eds), Strong Growth, Driven by Exports in the NMS and by Consumption in the Future EU Members, wiiw Research Report, No. 325, Vienna, February 2006, pp. 78-81
  • 'Coming and Going: Gains and Losses from Relocations Affecting Hungary' (with Magdolna Sass), wiiw Research Report, No. 323, Vienna, November 2005
  • 'Employment Effects of Foreign Direct Investment in Central and Eastern Europe' (with Ingo Geishecker), wiiw Research Report, No. 321, Vienna, August 2005
  • 'Romania: signs of a slowdown', in: Gabor Hunya and Leon Podkaminer (eds), Back from the Peak, Growth in Transition Countries Returns to Standard Rate of Catching-up, wiiw Research Report, No. 320, Vienna, July 2005, pp. 64-67
  • 'Romania: can new government continue expansionist policy?', in: Vladimir Gligorov, Peter Havlik and Leon Podkaminer (eds), Accelerating GDP Growth, Improved Prospects for European Integration, wiiw Research Report, No. 314, Vienna, March 2005, pp. 77- 80
  • 'Manufacturing FDI in New EU Member States - Foreign Penetration and Location Shifts between 1998 and 2002', wiiw Research Report, No. 311, Vienna, November 2004
  • 'Romania booms', in: Vladimir Gligorov, Josef Pöschl and Sandor Richter (eds), As East You Go, the More They Grow: Transition Economies in a New Setting, wiiw Research Report, No. 308, Vienna, July 2004, pp. 73-75
  • 'FDI in Small Countries: the Baltic States', wiiw Research Report, No. 307, Vienna, June 2004
  • 'Romania: growth and disinflation continue', in: Leon Podkaminer (eds), Transition Countries on the Eve of EU Enlargement, wiiw Research Report, No. 303, Vienna, February 2004, pp. 72-74
  • 'Country Report Romania: growing, but not yet a functioning market economy', in: Peter Havlik (eds), Transition Countries in 2003: Reforms and Restructuring Keep the Global Economic Slowdown at Bay, wiiw Research Report, No. 297, Vienna, July 2003, pp. 68-70
  • 'Country Report Romania: robust growth', in: Leon Podkaminer (eds), Transition Countries Resist Global Slowdown: Productivity Gains Offset Effects of Appreciation, wiiw Research Report, No. 293, Vienna, February 2003, pp. 78-81
  • 'Restructuring Through FDI in Romanian Manufacturing', wiiw Research Report, No. 287, Vienna, August 2002
  • 'Recent Impacts of Foreign Direct Investment on Growth and Restructuring in Central European Transition Countries', wiiw Research Report, No. 284, Vienna, May 2002
  • 'Recent FDI Trends, Policies and Challenges in South-East European Countries', wiiw Research Report, No. 273, Vienna, December 2000
  • 'International Competitiveness Impacts of FDI in CEECs', wiiw Research Report, No. 268, Vienna, August 2000
wiiw Policy Notes and Reports
  • 'Economic Policy Implications of the Belt and Road Initiative for CESEE and Austria' (with Alexandra Bykova, Mahdi Ghodsi, Julia Grübler, Doris Hanzl-Weiss, Mario Holzner and Robert Stehrer), wiiw Policy Note/Policy Report, No. 23, Vienna, June 2018
  • 'The European Rim Countries - Challenges and Opportunities for EU Competitiveness' (with Vasily Astrov, Peter Havlik, Mario Holzner, Isilda Mara, Sandor Richter, Roman Stöllinger and Hermine Vidovic), wiiw Policy Note/Policy Report, No. 9, Vienna, October 2012
wiiw Research Reports in German Language
  • 'Die wirtschaftliche Entwicklung in der Schwarzmeerregion und Herausforderungen für eine Internationalisierungsoffensive Österreichs ' (with Vasily Astrov, Peter Havlik and Josef Pöschl), wiiw Research Report in German language, No. 2010-10, Vienna, October 2010
wiiw Opinion Pieces
  • 'Romania: New president and new government amid economic slowdown', wiiw Opinion Piece, Vienna, November 2019
  • 'FDI in Central, East and Southeast Europe: mostly robust despite global downturn; shift into services', wiiw Opinion Piece, Vienna, June 2019
  • 'Romania’s EU Presidency: Give the government a chance!', wiiw Opinion Piece, Vienna, January 2019
  • 'wiiw prepares first regional Investment Report for CEFTA', wiiw Opinion Piece, Vienna, February 2018
  • 'Romania: second government crisis within a year despite economic boom', wiiw Opinion Piece, Vienna, January 2018
  • 'Ex-Transition Economies’ FDI Recovery', wiiw Opinion Piece, Vienna, July 2017
  • 'Romania: Socialists return to government', wiiw Opinion Piece, Vienna, December 2016
  • 'The Belarus Economy: The Challenges of Stalled Reforms' (with Amat Adarov, Rumen Dobrinsky, Peter Havlik and Olga Pindyuk), wiiw Opinion Piece, Vienna, November 2016
  • 'Slump despite Global Upturn', wiiw Opinion Piece, Vienna, June 2016
  • 'wiiw Reality Check: Remembering transition', wiiw Opinion Piece, Vienna, May 2016
  • 'Growth stabilises: investment a major driver, except in countries plagued by recession', wiiw Opinion Piece, Vienna, March 2016
  • 'How to attract FDI to Ukraine after stabilisation?', wiiw Opinion Piece, Vienna, August 2015
  • 'New wiiw Report on FDI in Central, East and Southeast Europe', wiiw Opinion Piece, Vienna, June 2015
  • 'wiiw Opinion corner: Is the EU Danube Region Strategy helpful?', wiiw Opinion Piece, Vienna, May 2015
  • 'FDI in Central, East and Southeast Europe - Hit by Deleveraging', wiiw Opinion Piece, Vienna, June 2014
Other wiiw publications
  • 'Looking Back, Looking Forward: Central and Eastern Europe 30 Years After the Fall of the Berlin Wall' (with Vladimir Gligorov, Richard Grieveson, Peter Havlik, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic), wiiw Essays and Occasional Papers, No. 4, Vienna, November 2019
  • 'How to Stabilise the Economy of Ukraine' (with Amat Adarov, Vasily Astrov, Peter Havlik, Michael Landesmann and Leon Podkaminer), wiiw Background Study, No. 2015-04, Vienna, April 2015
  • 'Structural Development of Manufacturing FDI', in: Michael Landesmann (eds), wiiw Structural Report 2003 on Central and Eastern Europe, Volume 2, wiiw Structural Report, Vol. 2, Vienna, October 2003
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