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Where are the growth potentials? The sectors that can boost convergence in CESEE
Client/Funding Institution
Oesterreichische Nationalbank (OeNB)
Abstract
Central Eastern European Countries (CEE, ie EU member countries of Central Eastern Europe) are in need of assessing their economic convergence process and identify their future drivers of growth, in terms of sectors, technologies and skills. It is key for CEE economies to upgrade their productions and remain competitive despite declining cost advantages. This analysis will be the result of a cooperation between the Austrian National Bank (OeNB), the European Investment Bank (EIB) and The Vienna Institute for International Economic Studies (wiiw). wiiw will contribute to the report with an analysis on "Export structures to identify promising sectors" and will also provide inputs, expertise and comments and actively participate in the exchange and discussions during the project.
Duration
June 2023 - November 2023
wiiw team Leader
wiiw Staff
Birgit Buschbom, Francesca Guadagno, Robert Stehrer
Publications
- Still in the Fast Lane? How can EU-CEE Get its Groove Back?
- Where are the Growth Potentials in CESEE? An Illustration of Sectors and Products Using the Product Space
Countries covered: CEE
Research Areas: International Trade, Competitiveness and FDI