Monthly Report No. 7-8/2017


Vasily Astrov, Rumen Dobrinsky, Vladimir Gligorov, Richard Grieveson, Doris Hanzl-Weiss, Peter Havlik, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic

wiiw Monthly Report No. 7-8, August 2017
27 pages including 1 Table and 2 Figures

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Central, East and Southeast Europe: Recent Economic Developments and Forecast

  • Table: Overview 2015-2016 and outlook 2017-2019 (pp. 1)
  • Figures: GDP growth in 2016-2017 and contribution of individual demand components in percentage points, EU-CEE, Western Balkans + Turkey, CIS + Ukraine (p. 2)
  • Albania: Growth forges ahead (by Isilda Mara; p. 3)
  • Belarus: On the road to recovery (by Rumen Dobrinsky; p. 4)  
  • Bosnia and Herzegovina: Broad-based pick-up in growth (by Richard Grieveson; p. 5)
  • Bulgaria: An on-going economic revival (by Rumen Dobrinsky; p. 6)
  • Croatia: Economy overshadowed by Agrokor troubles (by Hermine Vidovic; p. 7)
  • Czech Republic: Performance better than expected (by Leon Podkaminer; p. 8)
  • Estonia: Growing at potential (by Sebastian Leitner; p. 9)
  • Hungary: Strong growth performance in the first quarter (by Sándor Richter; p. 10)
  • Kazakhstan: Oil exports on the rise (by Olga Pindyuk; p. 11)
  • Kosovo: Election outcome unlikely to derail strong growth (by Richard Grieveson; p. 12)
  • Latvia: Investment cycle on the upturn (by Sebastian Leitner; p. 13)
  • Lithuania: Growth shifting into higher gear (by Sebastian Leitner; p. 14)
  • Macedonia: Reforms now (by Vladimir Gligorov; p. 15)
  • Montenegro: Fiscal Adjustment (by Vladimir Gligorov; p. 16)
  • Poland: Unexpectedly strong start into 2017 (by Leon Podkaminer; p. 17)
  • Romania: Boom continues (by Gábor Hunya; p. 18)
  • Russian Federation: Sluggish reforms lead to sluggish growth (by Peter Havlik; p. 19)
  • Serbia: Risks of backsliding (by Vladimir Gligorov; p. 20)
  • Slovakia: Sustained robust growth (by Doris Hanzl-Weiss; p. 21)
  • Slovenia: Growth boosted by investments (by Hermine Vidovic; p. 22)
  • Turkey: Growth robust amid major risks (by Richard Grieveson; p. 23)
  • Ukraine: Visa-free into the EU (by Vasily Astrov; p. 24)


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

Keywords: economic forecasts, GDP, investment, consumer prices, unemployment, current account, household consumption, net exports, GDP growth

Countries covered: Albania, Belarus, Bosnia and Herzegovina, Bulgaria, CEE, Croatia, Czechia, Estonia, Hungary, Kazakhstan, Kosovo, Latvia, Lithuania, North Macedonia, Montenegro, New EU Member States, Poland, Romania, Russia, SEE, Serbia, Slovakia, Slovenia, Turkey, Ukraine

Research Areas: Macroeconomic Analysis and Policy