Real Convergence to EU Income Levels: Central Europe From 1990 to the Long Term

By Guorong Jiang, Peter Doyle, Louis Kuijs

September 1, 2001

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Format: Chicago

Guorong Jiang, Peter Doyle, and Louis Kuijs. Real Convergence to EU Income Levels: Central Europe From 1990 to the Long Term, (USA: International Monetary Fund, 2001) accessed November 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

The paper discusses factors likely to shape the nature and pace of economic growth of five Central European transition countries now engaged in accession to the European Union. It is organized around the standard growth accounting framework. The paper reviews the growth of these countries since 1990 and draws lessons from the growth experiences of other regions since the 1950s, shedding light on long-term growth prospects for these countries. It discusses a set of growth calculations and highlights the key uncertainties in them.

Subject: Financial institutions, Labor, Production, Production growth, Productivity, Stocks, Total factor productivity

Keywords: Central Europe, East Asia, Eastern Europe, EU accession, Europe, GDP ratio, Growth, Growth accounting, Investment climate, Investment ratio, Output ratio, Production growth, Productivity, State intervention, Stocks, TFP growth, TFP performance, TFP result, Total factor productivity, Transition, Western Europe, WP

Publication Details

Pages:

36
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2001/146
Stock No:

WPIEA1462001
ISBN:

9781451856644
ISSN:

1018-5941

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