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010   $a1-4527-7933-3
010   $a9786612843358
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010   $a1-282-84335-4
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035   $a(EBL)1608308
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035   $a(PQKBTitleCode)TC0001474456
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035   $a(OCoLC)680613558
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035   $a(IMF)WPIEE2009121
035   $a(EXLCZ)993170000000055275
100   $a20041202d2009      uf         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aCompetitiveness in Central-Europe $ewhat has happened since EU accession? /$fprepared by Celine Allard
205   $a1st ed.
210   $a[Washington D.C.] $cInternational Monetary Fund$d2009
215   $a1 online resource (24 p.)
225 1 $aIMF working paper ;$vWP/09/121
300   $aDescription based upon print version of record.
311   $a1-4519-1697-3 
320   $aIncludes bibliographical references.
327   $aContents; I. Introduction; II. Developments in Key Determinants of Trade; Tables; 1. Contribution of Net Exports to GDP Growth, 2002-07; 2. Trade Balance, 2002-07; 3. Real Effective Exchange Rate Based on ULCs, 2002-07; Figures; 1. Export Competitiveness Indicators, 1995-2007; 2. Foreign Direct Investment Stock, 2002-07; 3. Growth Rate of World Demand, 2002-07; III. Econometric Analysis; 4. Geographic Orientation of Exports, 2002-07; 4. Growth Rate of Domestic Demand, 2002-07; 5. Accounting for Export and Import Growth, 2002-07; 5. Long-Term Elasticities Related to Nonprice Competitiveness
327   $a6. Long-Term Elasticities to Price Competitiveness Indicators7. Cumulative Growth and Contribution of Trade Determinants, 2002-07; IV. Conclusion; 6. Dynamic Contributions to Export and Imports, 2002-07; Appendices; I. Data Sources; II. Error-Correction Model for Trade Equations and Cointegration Tests; III. Principle of Dynamic Contributions; References
330 3 $aSince EU accession, trade flows have exhibited strong dynamics in Central-Eastern Europe (CEE). During the period leading to the current global turmoil, the region has also experienced continuous exchange rate appreciation and rapid FDI inflows, both likely to have affected these countries' competitiveness. This paper describes how the determinants of exports and imports have evolved in CEE countries over 2002-07 and econometrically derives their contribution to trade, with a view to assessing competitiveness developments. The analysis reveals that the global and domestic upswings, along with rising trade market shares, go a long way toward accounting for trade developments in CEE countries until 2007, pointing to continuous nonprice competitiveness gains. It also finds that exchange rate appreciation did not unduly weigh on export and import growth, suggesting that most of it reflected an upward movement in its equilibrium value. While the region entered the current period of global slowdown from a strong competitiveness position, the crisis also exposed the vulnerability of its heavy reliance on global demand to a trade shock.
410  0$aIMF working paper ;$vWP/09/121.
606   $aFinance$zEuropean Union countries
606   $aCompetition, International
615  0$aFinance
615  0$aCompetition, International.
676   $a332.152
700   $aAllard$b Celine$01643714
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910812021103321
996   $aCompetitiveness in Central-Europe$93989148
997   $aUNINA