Monthly Report No. 6/2017


Vasily Astrov, Pëllumb Collaku, Mahdi Ghodsi and Leon Podkaminer

wiiw Monthly Report No. 6, June 2017
47 pages including 4 Tables and 21 Figures

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  • Graph of the month: Economic size, extent of dollarisation/euroisation, and exchange rate regime in Central, East and Southeast European countries (p. 1)
  • Opinion corner: What are the reasons for and the likely consequences of Hassan Rouhani’s victory in the Iranian presidential elections? (by Mahdi Ghodsi; pp. 2-4)
  • What drives import demand in EU countries? (by Vasily Astrov; pp. 5-10)
  • Thirlwall’s Law may be empirically invalid (by Leon Podkaminer; pp. 11-17)
  • Property claims: Kosovo versus Serbia (by Pëllumb Çollaku; pp. 18-21)
  • Recommended reading (p. 22)
  • Statistical Annex: Monthly and quarterly statistics for Central, East and Southeast Europe (pp. 23‑44)


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Keywords: dollarisation, euroisation, exchange rate regime, Iran, elections, import demand, foreign trade, income elasticities, Thirlwall’s Law, long-term growth, balance-of-payments constraint, nationalisation, privatisation, property rights, FDI, Kosovo, Serbia, former Yugoslavia

Countries covered: CEE, European Union, former Yugoslavia, Iran, Kosovo, non specific, SEE, Serbia

Research Areas: Macroeconomic Analysis and Policy, International Trade, Competitiveness and FDI