Real Convergence to EU Income Levels: Central Europe From 1990 to the Long Term
IMF Working Papers, September 1, 2001
Source details
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- Real Convergence to EU Income Levels: Central Europe From 1990 to the Long Term
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Bibliographic details
- Authors: Guorong Jiang, Peter Doyle, Louis Kuijs
- Published: September 1, 2001
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451856644.001
Overview
- Title: Real Convergence to EU Income Levels: Central Europe From 1990 to the Long Term
- Authors: Guorong Jiang, Peter Doyle, Louis Kuijs
- Publication date: September 1, 2001
- Series: Working Paper No. 2001/146
- Issue: 146
- Volume: 2001
- Pages: 36
- DOI: https://doi.org/10.5089/9781451856644.001
- ISBN: 9781451856644
- ISSN: 1018-5941
- Summary statement from the paper: 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.
Methodological framework
- Organized around the standard growth accounting framework.
- Reviews growth performance of five Central European transition countries since 1990.
- Draws comparative lessons from the growth experiences of other regions since the 1950s.
- Presents a set of growth calculations to assess long-term prospects.
Key findings and analytical focus
- Focuses on factors likely to shape the nature and pace of economic growth for five Central European transition countries engaged in EU accession.
- Reviews historical growth since 1990 for the subject countries.
- Uses cross-regional historical evidence (since the 1950s) to inform long-term growth prospects.
- Highlights total factor productivity (TFP) as a central analytic element (subjects and keywords include "Total factor productivity", "TFP growth", "TFP performance", "TFP result").
Main themes and subjects covered
- Financial institutions
- Labor
- Production and Production growth
- Productivity
- Stocks
- Transition and EU accession dynamics
- Investment climate and investment ratio
- GDP ratio and output ratio
- State intervention
Uncertainties and caveats emphasized
- The paper highlights key uncertainties in the growth calculations presented.
- The Working Paper carries the disclaimer that it should not be reported as representing the views of the IMF; the views expressed are those of the author(s) and do not necessarily represent those of the IMF or IMF policy.
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
IMF Working Papers — Real Convergence to EU Income Levels: Central Europe From 1990 to the Long Term (Guorong Jiang, Peter Doyle, Louis Kuijs; Working Paper No. 2001/146).
Content in this bundle
- Real Convergence to EU Income Levels: Central Europe from 1990 to the Long Term - WP/01/146