Regional Economic Reports

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These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in the regions, and discuss key challenges faced by policymakers. They address regional policy developments and challenges, and provide country-specific data and analysis, including through analytical pieces on issues of interest to a particular region.

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Central, Eastern, and Southeastern Europe: Regional Economic Issues
Date: October 2013
The October 2013 Regional Economic Issues Report (REI) discusses the implications of the recent turmoil in Central, Eastern, and Southeastern Europe (CESEE)'s emerging markets. What are the implications of the turmoil in emerging markets for Central, Eastern, and Southeastern Europe (CESEE)? Why have some countries been more affected than others? The October 2013 CESEE Regional Economic Issues (REI) assesses the macroeconomic outlook for the region in light of the latest global economic and financial developments. The REI also focuses on prospects for longer-term potential growth, and the policies and reforms that will be needed to boost growth and bring down on a sustained basis the relatively high rates of unemployment across much of the region.

Central, Eastern and Southeastern Europe -- Financing Future Growth: The Evolving Role of Banking Systems in CESEE
Date: April 2013
This is the first issue of a new publication "Central, Eastern and Southeastern Europe Regional Economic Issues." This new series, produced by the IMF's European Department, contains analytical, one-off pieces on issues of interest to the CESEE region. We hope this new series will enrich the economic debate within this important region, and prove useful for policy makers, academics, and the broader public alike. This issue takes up the topic of "Financing Future Growth: The Evolving Role of Banking Systems in CESEE." It discusses the important role that foreign banks, mainly from Western Europe, have played in the banking systems of CESEE, both in terms of ownership and funding, and raises the question to what extent banking in CESEE will change as a result of the global economic and financial crisis. This paper was prepared for a joint IMF/Czech National Bank Conference on the same topic, which took place on April 26th in Prague.