EIB Working Paper 2021/01 - Towards a new growth model in CESEE

The factors behind the pre-crisis growth model of the Central, Eastern and South-Eastern European EU countries (CESEE) region – skilled yet affordable labour force, foreign direct investment, imports of productivity-enhancing technology – are having less effect, but are yet to be substituted. This p...

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Автори: Gereben, Áron, Wruuck, Patricia
Формат: Online
Мова:Англійська
Опубліковано: European Investment Bank 2021
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Онлайн доступ:OCN: 1249170062
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author Gereben, Áron
Wruuck, Patricia
author_browse Gereben, Áron
Wruuck, Patricia
author_facet Gereben, Áron
Wruuck, Patricia
author_sort Gereben, Áron
collection Directory of Open Access Books
description The factors behind the pre-crisis growth model of the Central, Eastern and South-Eastern European EU countries (CESEE) region – skilled yet affordable labour force, foreign direct investment, imports of productivity-enhancing technology – are having less effect, but are yet to be substituted. This paper proposes a new growth model centred around a shift towards more home-grown innovation, digitalisation, climate change mitigation and a strong focus on skills, labour and social inclusion, to leave the middle-income trap behind for good and to boost economies’ growth prospects in a post-COVID world. Based on analysis of firm-level data, it highlights the prerequisites of making this transition happen.
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publishDate 2021
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publisherStr European Investment Bank
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spelling doab-20.500.12854ir-640732025-07-31T12:02:10Z EIB Working Paper 2021/01 - Towards a new growth model in CESEE Gereben, Áron Wruuck, Patricia European Investment Bank Business & Economics Finance thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry The factors behind the pre-crisis growth model of the Central, Eastern and South-Eastern European EU countries (CESEE) region – skilled yet affordable labour force, foreign direct investment, imports of productivity-enhancing technology – are having less effect, but are yet to be substituted. This paper proposes a new growth model centred around a shift towards more home-grown innovation, digitalisation, climate change mitigation and a strong focus on skills, labour and social inclusion, to leave the middle-income trap behind for good and to boost economies’ growth prospects in a post-COVID world. Based on analysis of firm-level data, it highlights the prerequisites of making this transition happen. 2021-03-18T03:04:12Z 2021-03-18T03:04:12Z 2021-03-16T04:30:30Z 2021 book OCN: 1249170062 https://library.oapen.org/handle/20.500.12657/47347 9789286149368 https://directory.doabooks.org/handle/20.500.12854/64073 eng open access image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/47347/1/gp_daily_WEB_QHBK21001ENN_002.pdf.en.pdf https://library.oapen.org/bitstream/20.500.12657/47347/1/gp_daily_WEB_QHBK21001ENN_002.pdf.en.pdf https://library.oapen.org/bitstream/20.500.12657/47347/1/gp_daily_WEB_QHBK21001ENN_002.pdf.en.pdf https://library.oapen.org/bitstream/20.500.12657/47347/1/gp_daily_WEB_QHBK21001ENN_002.pdf.en.pdf https://library.oapen.org/bitstream/20.500.12657/47347/1/gp_daily_WEB_QHBK21001ENN_002.pdf.en.pdf European Investment Bank European Investment Bank https://doi.org/10.2867/1421 https://doi.org/10.2867/1421 feca012f-a3d8-4aac-95aa-b6cf4bdbed7c Knowledge Unlatched 9789286149368 Knowledge Unlatched (KU) KU Open Services European Investment Bank open access
spellingShingle Business & Economics
Finance
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
Gereben, Áron
Wruuck, Patricia
EIB Working Paper 2021/01 - Towards a new growth model in CESEE
title EIB Working Paper 2021/01 - Towards a new growth model in CESEE
title_full EIB Working Paper 2021/01 - Towards a new growth model in CESEE
title_fullStr EIB Working Paper 2021/01 - Towards a new growth model in CESEE
title_full_unstemmed EIB Working Paper 2021/01 - Towards a new growth model in CESEE
title_short EIB Working Paper 2021/01 - Towards a new growth model in CESEE
title_sort eib working paper 2021 01 towards a new growth model in cesee
topic Business & Economics
Finance
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
topic_facet Business & Economics
Finance
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
url OCN: 1249170062
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