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Peering into the crystal ball: can the CESEE countries be an engine of growth for the EU?

In: Boosting European Competitiveness

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  • Iain Begg

Abstract

This chapter examines whether the countries of Central, Eastern and South-Eastern Europe (CESEE), following their remarkable transformation of the previous quarter of a century, could play a pivotal role as an engine of growth for the European Union (EU) economy. It argues that while the recent growth of these countries gives grounds for optimism, shortcomings in innovation and possible deficiencies in skilled labour could be obstacles. The challenge in the coming years will lie in a further transition from the growth model that has served them well since 1990 to one orientated more towards innovative, knowledge-based activities. Policies will need to adapt to give more prominence to these objectives.

Suggested Citation

  • Iain Begg, 2016. "Peering into the crystal ball: can the CESEE countries be an engine of growth for the EU?," Chapters, in: Marek Belka & Ewald Nowotny & Pawel Samecki & Doris Ritzberger-Grünwald (ed.), Boosting European Competitiveness, chapter 15, pages 197-206, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17217_15
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    Keywords

    Economics and Finance;

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