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Growth model of the new member states: Challenges and prospects

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  • Andrea Elekes
  • Péter Halmai

Abstract

This paper reviews the strong pre-crisis economic growth in the new EU member states and assesses whether the growth model can continue to be successful after the crisis. The analysis shows that a new growth model for the region will be needed, ideally one that focuses on raising domestic savings, implementing structural reforms to increase potential growth and rebalancing growth towards tradable sectors. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2013

Suggested Citation

  • Andrea Elekes & Péter Halmai, 2013. "Growth model of the new member states: Challenges and prospects," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 48(2), pages 124-130, March.
    • Handle: RePEc:spr:intere:v:48:y:2013:i:2:p:124-130
    DOI: 10.1007/s10272-013-0453-z
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    Cited by:

    1. Szűcs, Gábor, 2023. "Halmai Péter (szerk.): A Gazdasági és Monetáris Unió jövője. Európai perspektívák. Ludovika Egyetemi Kiadó, Budapest, 2021 [Halmai Péter (ed.): The future of the Economic and Monetary Union. Europe," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 233-241.

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