European University Institute Library

A new model for balanced growth and convergence, achieving economic sustainability in CESEE countries, edited by Ewald Nowotny, Peter Mooslechner, Doris Ritzberger-Grunwald

eng

Includes bibliographical references and index

illustrations

index present

non fiction

A new model for balanced growth and convergence

858011014

edited by Ewald Nowotny, Peter Mooslechner, Doris Ritzberger-Grunwald

achieving economic sustainability in CESEE countries

This topical book addresses the need for emerging economies in Central, Eastern and South-Eastern Europe to find a new, sustainable growth model that fosters continued convergence with the EU without leading to the build-up of new vulnerabilities --, Provided by Publisher

PART I: FRAMING THE DISCUSSION ON BALANCED GROWTH IN EUROPE 1. The Necessity of Sustainable Growth and Continued Income Convergence in Europe Ewald Nowotny 2. Changes in Banking in the Run-up to the Crisis Erkki Liikanen 3. Restarting Growth in Europe after the Great Recession: CEE versus Other Countries Seppo Honkapohja and Iikka Korhonen 4. The European Debt Crisis and a Stable Design of EMU Klaas Knot and Silvie Verkaart PART II: STOP AND GO OF CAPITAL FLOWS AND DELEVERAGING 5. Managing Stop<U+0127> Go Capital Flows in Asian Emerging Markets: Lessons for the CESEE Economies Andrew Filardo 6. CESEE Banks Deleveraging or Rebalancing? Lessons from the EIB Bank Lending Survey Luca Gattini and Debora Revoltella 7. Managing Capital Flows in a Globalized Economy Marek Dabrowski PART III: GROWTH STRATEGIES OF EU NEIGHBOURING COUNTRIES: RUSSIA AND TURKEY 8. Russia in 2012: The Challenge of Reforming the Economy Without a Political Reform Konstantin Sonin 9. Sustaining Growth in Emerging Markets: The Role of Structural and Monetary Policies Ahmet Faruk Aysan, Mustafa Haluk Güler and Cüneyt Orman PART IV: SMALL-COUNTRY EXPERIENCES IN ECONOMIC ADJUSTMENT 10. Business Cycle Convergence or Decoupling? Economic Adjustment of CESEE Countries During the Crisis Martin Gächter, Aleksandra Riedl and Doris Ritzberger-Grünwald 11. South-Eastern Europe: Impacts from the Crisis, Vulnerabilities and Adjustments Dimitar Bogov and Aneta Krstevska 12. Economic Adjustment in the Baltic Countries Ardo Hansson and Martti Randveer PART V: A PRACTITIONER'S VIEW 13. Basel III from a Practitioner's Perspective Esa Tuomi and Eriks Plato 14. Banks' Challenges in Central and Eastern Europe Radovan Jelašic 15. Banking in CEE: Less Growth, More Balance Gianfranco Bisagni, Matteo Ferrazzi and Pia Pumberger