The Ways Out of the Crisis: Are They Sustainable?

J. Fischer, Vladimir Gligorov, Peter Havlik, Michael Landesmann, Sebastian Leitner, I. Miklos and Hermine Vidovic

hosted by Raiffeisen Zentralbank
Friday, 25 March 2011, 9:00 a.m.
1030 Vienna, Am Stadtpark 9, Raiffeisensaal

Programme

Keynote Speech: Jan Fischer
Vice President EBRD and former Prime Minister of the Czech Republic
Global Crisis – Global Implications – Local Impacts
 
Medium-Term Economic Prospects for CESEE
by Peter Havlik, wiiw
Exports prevail over austerity * Reduced external imbalances * Domestic demand recovers * Inflation no threat (yet) *
Exchange rates and challenges to competitiveness *
Outlook: 'back to normal' - only slower and except for labour markets
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Post-Crisis Labour Market Challenges
by Hermine Vidovic, Sebastian Leitner, wiiw
Employment responses to the crisis * Contracting and expanding sectors *
Employment impacts by gender, age and education * Cyclical versus structural unemployment * Future prospects: jobless growth?
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Impacts of the Crisis on European and Other Emerging Economies: Why Do They Differ?
by Michael Landesmann, wiiw
‘Growth models’ in European and other emerging economies *
The role of financial market integration * Regional and global capital flows *
Different post-crisis patterns of recovery * Differences in policy challenges
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Keynote Speech: Ivan Miklos
Deputy Prime Minister and Minister of Finance of the Slovak Republic
Two Years of the Euro in Slovakia: Lessons and Challenges
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The New EU Governance and Implications for CESEE
by Vladimir Gligorov, wiiw
EU policy framework * Fiscal issues * Competitiveness * Financial risks * Structural reforms * Consequences for CESEE
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Tables
Overview 2009-2010 and outlook 2011-2013
GDP * Consumer prices * Unemployment, based on LFS * Current account
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Country tables: Selected Economic Indicators
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