Monthly Report No. 7-8/2018


Amat Adarov, Mahdi Ghodsi, Domenico M. Nuti and Oliver Reiter

wiiw Monthly Report No. 7-8, August 2018
47 pages including 3 Tables and 27 Figures

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  • Graph of the month: Russia’s trade reorientation: EU versus China, 2014 and 2017 (p. 1)
  • Opinion corner: Italy: three cheers for democracy! (by Domenico M. Nuti, pp. 2-6)
  • The New Silk Road: companion or competitor to the EU and the EAEU? (by Amat Adarov; pp. 7‑13)
  • Is Austria’s economy still locked-in in the CESEE region? Austria’s competitiveness at the micro level (by Mahdi Ghodsi; pp. 14-19)
  • Effects of non-tariff measures on gross exports and value added exports (by Oliver Reiter; pp. 20‑23)
  • Statistical Annex: Monthly and quarterly statistics for Central, East and Southeast Europe (pp. 24‑45)
  • Index of subjects (pp. 46-47)


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

Keywords: trade reorientation, populism, migration, euro area imbalances, Belt and Road Initiative, ‘integration of integrations’, ‘lock-in-effect’, total factor productivity, firm-level competitiveness, non-tariff measures, exports, gravity model

Countries covered: Austria, CESEE, China, European Union, Italy, non specific, Russia, Eurasian Economic Union, Western Europe

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