Economic Crisis, Development and Competitiveness in Southeastern Europe

Economic Crisis, Development and Competitiveness in Southeastern Europe PDF

Author: Anastasios Karasavvoglou

Publisher: Springer

Published: 2016-09-08

Total Pages: 157

ISBN-13: 3319403222

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This book analyzes the foundations and means of overcoming the current crisis in the broader area of Southeast Europe. The contributions make proposals from both theoretical and empirical points of view and discuss the concept, determinants and policies of competitiveness in these countries. The financial crisis became a prolonged fiscal crisis, a bank confidence crisis, and economic recession, and the book discusses the European and national policies implemented to resolve it. It also investigates the internal conflicts generated by institutional arrangements and policy measures, both within the nation states and the eurozone. Economic competitiveness is a key topic for policymakers, as they have to secure economic growth and improve their populations’ standards of living. This volume sheds light on what constitutes economic competitiveness, as well as on the policies and economic and institutional structures that improve competitiveness.

The Political Economy of Development in Southeastern Europe

The Political Economy of Development in Southeastern Europe PDF

Author: Spyros Roukanas

Publisher: Springer

Published: 2018-10-09

Total Pages: 216

ISBN-13: 331993452X

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This book offers important new insights into recent advances and perspectives in the field of political economy of development in Southeastern European countries. In addition, it provides theoretical and empirical contributions to political economy of development in an international context. Written by authors from Greece, Serbia and Turkey, the book covers a broad spectrum of topics – from macroeconomics and economic policy to international political economy and globalization. Presenting new and original ideas, this is a valuable resource for anyone wishing to gain a deeper understanding of political economy of development in Southeastern Europe: academicians, policymakers and business practitioners.

Competitiveness and Private Sector Development Competitiveness in South East Europe A Policy Outlook 2018

Competitiveness and Private Sector Development Competitiveness in South East Europe A Policy Outlook 2018 PDF

Author: OECD

Publisher: OECD Publishing

Published: 2018-04-24

Total Pages: 706

ISBN-13: 9264298576

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Future economic development and the well-being of citizens in South East Europe (SEE) increasingly depend on greater economic competitiveness. Realising the region’s economic potential requires a holistic, growth-oriented policy approach. Against the backdrop of enhanced European Union (EU) ...

Competitiveness and Economic Development in Europe

Competitiveness and Economic Development in Europe PDF

Author: Sławomir I. Bukowski

Publisher: Routledge

Published: 2021-04-11

Total Pages: 385

ISBN-13: 1000373258

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The success of an economy to adapt quickly, flexibly, and effectively to the demands of the changing international economic environment can only be investigated using the achievements of other national economies or regions as a benchmark. This book analyzes the fundamental factors of competitiveness, which will, in turn, facilitate economic development and growth, in the new post-crisis environment. In the economic, social, legal, and technological environment that has emerged in recent years, as well as in the period after the recent financial crisis, it is critical to define, assess, and implement new pathways to competitiveness and economic development. The book covers all aspects of competitiveness and economic growth, from financial intermediaries to tourism and the digital economy, and from regulation and corporate governance to exchange rate dynamics and monetary policy issues. It uses empirical findings from a variety of different countries with divergent economic structures and policies. It examines the new system of production, and the technological, commercial, financial and institutional environment, with the aim of recommending a proportional division of benefits and costs of economic growth. It offers a fresh, holistic, and flexible concept to underscore the new relationship between competitiveness and economic growth. Such an approach is needed, whereby competitiveness is no longer a zero-sum game between countries, but is achievable for all countries. The book recommends future directions and offers policy solutions, and as such, will appeal to students, researchers, and policymakers, as well as those interested in the role of competitiveness in the operation of markets, productivity, and economic development, and how it might foster innovation and growth.

Economic Crisis in Europe and the Balkans

Economic Crisis in Europe and the Balkans PDF

Author: Anastasios Karasavvoglou

Publisher: Springer

Published: 2013-09-14

Total Pages: 240

ISBN-13: 9783319004952

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The economies of the European countries are still in recession, the development process is at a standstill, companies are facing financial difficulties, and the EU’s monetary policy is tight and focused on lowering inflation. The fiscal problems and high debt levels of the northern European countries are of great importance, and they are the consequences of both the European economy’s structural characteristics and the EU’s policies. The economic area of Eastern Europe, the Balkans and the Black Sea countries is also vital, due to its special economic characteristics. The effects of the economic crisis on this particular area are catalytic, while the prospects for recovery are doubtful. The present book deals with the key aspects of the economic crisis in Europe, especially focusing on southeast Europe and the Balkans. The consequences of the crisis in these countries are analyzed and suggestions for how to address the crisis are outlined.

Structural Change, Competitiveness and Industrial Policy

Structural Change, Competitiveness and Industrial Policy PDF

Author: Aurora A. C. Teixeira

Publisher: Routledge

Published: 2014-06-20

Total Pages: 370

ISBN-13: 1134683502

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The onset of the global crisis has emphasised the persistence of substantial differences in development and social progress within the euro area. The specific case of countries located in the southern periphery region has come to the centre stage, due to the harsh economic conditions that all these countries have experienced in the recent past. In the aftermath of the American subprime credit bubble, these countries’ high indebtedness raised doubts as to their ability to sustain public finances, with the financial crisis developing and gaining momentum due to the fragilities presented in the economy. To varying degrees of severity, all of these economies have since been forced to introduce strong fiscal tightening programmes in order to achieve fiscal consolidation, which have translated into recession and rising unemployment. This book undertakes a comprehensive analysis of the causes of the crisis in southern European countries, showing that the ‘Achilles heel’ of these economies is rooted in the dismal evolution of productivity and in a specialisation pattern excessively based on the so-called ‘traditional’, low, and low-medium tech industries, which yield low margins, declining export shares and, ultimately, withering international competitiveness. Such evidence suggests that the southern European periphery industrial growth model has reached its limits, demanding a multidimensional policy approach capable of overcoming the magnitude and complexity of the present crisis. Without denying the need to adjust public and private balance sheets, it is argued that finding a sustainable path out of the present problems requires addressing the challenges of productivity growth and competitiveness in the long term.

Economic Crisis and Structural Reforms in Southern Europe

Economic Crisis and Structural Reforms in Southern Europe PDF

Author: Paolo Manasse

Publisher: Routledge

Published: 2017-12-12

Total Pages: 248

ISBN-13: 1351987356

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In recent years the countries of southern Europe have undergone, with varying intensity, a serious and prolonged economic crisis. Most have had to implement comprehensive economic adjustment programmes, including a wide range of structural reforms. Economic Crisis and Structural Reforms in Southern Europe examines these reforms, drawing policy lessons from their successes and failures. This book employs two basic strands of analysis: issues of policy design, and political economy considerations. It considers the choice of timing and sequencing of reforms, the choice of the appropriate policy instruments, the pressure of interest groups and the political calculations involved in reforms. Featuring chapters in which contributors explore both national cases of specific structural reforms, and a comparative approach in order to evaluate similar reforms across countries, this important and topical work explores ongoing issues within the economy. Focusing on the challenges of designing and implementing structural reforms under conditions of crisis, this book will be of interest to policy makers and researchers from national and international organizations as well as academics and members of research institutes interested in the economics and politics of the Eurozone crisis.

Economic Crisis in Europe and the Balkans

Economic Crisis in Europe and the Balkans PDF

Author: Anastasios Karasavvoglou

Publisher: Springer

Published: 2013-08-05

Total Pages: 262

ISBN-13:

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This book explores key aspects of the economic crisis in Europe, focusing especially on southeastern Europe and the Balkans. The authors analyze the consequences of the crisis, outline suggestions for addressing it and discuss the prospects for recovery.

Boosting European Competitiveness

Boosting European Competitiveness PDF

Author: Marek Belka

Publisher: Edward Elgar Publishing

Published: 2016-10-28

Total Pages: 224

ISBN-13: 1785369326

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In the global financial crisis, competitiveness gaps between Euro area countries caused additional strain. This book discusses the various dimensions of competitiveness, with a special focus on Central, Eastern and Southeastern Europe. With products becoming ever more technically sophisticated and global interconnectedness on a relentless rise, quality, customer orientation and participation in production networks are as important as relative costs and prices. For Europe to proceed with convergence and to resist global competitive pressures, policies to boost productivity and innovation are therefore vital.

Economy, Finance and Business in Southeastern and Central Europe

Economy, Finance and Business in Southeastern and Central Europe PDF

Author: Anastasios Karasavvoglou

Publisher: Springer

Published: 2018-05-02

Total Pages: 903

ISBN-13: 3319703773

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This volume comprises papers presented at the 8th international conference “The Economies of the Balkan and Eastern European Countries in the Changing World” (EBEEC) held in Split, Croatia in 2016. The papers cover a wide range of current issues relevant for the whole of Eastern Europe, such as European integration, economic growth, labour markets, education and tourism. Written by experienced researchers in the field of economic challenges for Eastern Europe, the papers not only analyse recent problems, but also offer policies to resolve them. Furthermore, they offer insights into the theoretical and empirical foundations of the economic processes described. The proceedings of the conference appeals to all those interested in the further economic development of the Balkan and Eastern European countries.