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  • © 2022

Emerging European Economies after the Pandemic

Stuck in the Middle Income Trap?

Editors:

  1. László Mátyás

    1. Department of Economics and Business, Central European University, Budapest, Hungary and Vienna, Austria

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  • Presents empirical evidence from 8 European emerging economies

  • Offers general and country-specific policy recommendations

  • Addresses the question how the subject area can contribute to avoiding the "middle-income-trap"

Part of the book series: Contributions to Economics (CE)

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  • ISBN: 978-3-030-93963-2
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Table of contents (12 chapters)

  1. Front Matter

    Pages i-xix
    PDF

  2. Convergence to the Centre

    • Péter Benczúr, István Kónya
    Pages 1-51

  3. Financial Markets: Banks and Capital Markets

    • Katalin Mérő, András Bethlendi
    Pages 53-111

  4. Firm Size, Productivity, EU Funds, and Corruption

    • István János Tóth, Éva Palócz
    Pages 113-153

  5. Labour Markets: Structural Characteristics and the Impact of Two Crises

    • Martin Guzi, Michael Landesmann
    Pages 155-199

  6. Transport and Mobility

    • Melinda Matyas, Daniel Hörcher, Jacek Pawlak
    Pages 201-253

  7. Monetary, Macroprudential, and Fiscal Policy

    • Júlia Király, Balázs Csontó, László Jankovics, Katalin Mérő
    Pages 255-324

  8. Green Economy: Energy, Environment, and Sustainability

    • Michael Carnegie LaBelle, Tekla Szép
    Pages 325-364

  9. Health and Social Security

    • Anikó Bíró, Zsófia Kollányi, Piotr Romaniuk, Šime Smolić
    Pages 365-413

  10. Aging and Pension Systems

    • András Simonovits, Ádám Reiff
    Pages 415-463

  11. Public Education

    • Judit Lannert, Júlia Varga
    Pages 465-514

  12. Research & Development and Higher Education

    • László Mátyás, György Bőgel, Mark Knell, Ludovit Odor, Marzenna A. Weresa
    Pages 515-574

  13. Inequality and Welfare

    • Márton Medgyesi, István György Tóth
    Pages 575-610
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About this book

This edited volume examines the development path of eight Central and Eastern European countries with an overlapping historical background that joined the European Union between 2004 and 2013, and identifies the main similarities and differences between the countries concerned. 
 
Based on wide comparative data analysis of Bulgaria, Croatia, The Czech Republic, Hungary, Poland, Romania, Slovakia, and Slovenia, each chapter in the volume provides detailed information about the state of the economy in a specific area preceding the pandemic shock. The book offers a detailed snapshot of the state of the different areas of the economy, starting from the time when the countries concerned came out of the 2008 financial crisis, up to the date when COVID-19 hit. Further, each chapter analyzes the effects of this unprecedented shock on a particular field, which is followed by highlighting the main problems the countries are facing at present and in the near future, together with identifying the available policy options. Finally, before concluding and making general and country-specific policy recommendations, some thoughts will be given to longer-term prospects. More specifically, the question of how the subject area could contribute to avoiding the "middle-income-trap" that this region may be facing will be addressed.
 
The comprehensive approach makes this volume a must-read for scholars and students of economics, as well as policy decision-makers in Europe, interested in a better understanding of the region's economic development.

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Keywords

  • COVID-19
  • Visegrad 4
  • Romania
  • Bulgaria
  • Croatia
  • Slovenia
  • Sustainable economic growth
  • Globalization
  • Capital flows
  • Innovation
  • Capital markets
  • EU funds
  • Monetary policy
  • Public education
  • Inequality
  • Welfare
  • Labour markets
  • Social security
  • Green economy
  • Pension systems
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Editors and Affiliations

  • Department of Economics and Business, Central European University, Budapest, Hungary and Vienna, Austria

    László Mátyás

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About the editor

László Mátyás is a University Professor at the Department of Economics and Business at the Central European University (CEU – Budapest, Hungary and Vienna, Austria). He (co)authored and (co)edited several high impact publications in econometrics, mostly in the field of panel data. Earlier, among others, he worked as Senior Lecturer at Monash University (Melbourne, Australia), was the founding Director of the Institute for Economic Analysis (Budapest, Hungary), and also served as Provost of CEU. Mátyás serves as a co-editor of the Springer book series "Advanced Studies in Theoretical and Applied Econometrics".
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Bibliographic Information

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Access via your institution
eBook USD 169.00
Price excludes VAT (USA)
  • ISBN: 978-3-030-93963-2
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Softcover Book USD 219.99
Price excludes VAT (USA)
Hardcover Book USD 219.99
Price excludes VAT (USA)
Learn about institutional subscriptions