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Monthly Report No. 10/2019

Author

Listed:
  • Richard Grieveson

    (The Vienna Institute for International Economic Studies, wiiw)

  • Julia Grübler
  • Sebastian Petric
  • Leon Podkaminer

    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

Chart of the month 30 years of transition and convergence in CESEE by Richard Grieveson Opinion Corner Higher Minimum Wages? Not Necessarily the End of the World by Leon Podkaminer In September the Polish government announced a sharp increase in the minimum wage. For most economists this spells trouble. However, it is suggested that a similar wage hike administered in Hungary back in 2000 did not have the feared consequences in terms of inflation, unemployment, economic growth, and the profit share. Connectivity Strategies for Europe by Julia Grübler Within six years, China’s Belt and Road Initiative (BRI) has become a global project, anchored in its strategy to open and modernise its economy. In Europe, the Balkan region could profit the most from infrastructure development, in particular if the EU manages to optimise the complementarity between Chinese and European infrastructure investment plans. The Current Debate on China’s Rise by Sebastian Petric The recent increase in tensions between the United States and China, foremost with respect to their trade relations, is a sign of the fear that the rise of China entails. China’s peaceful rise over the last decades is not a guarantee that this will continue to be the case in the future. This article describes the different dimensions of China’s rise and gives the reader a detailed account of the current debate on the nation’s emergence. Monthly and quarterly statistics for Central, East and Southeast Europe

Suggested Citation

  • Richard Grieveson & Julia Grübler & Sebastian Petric & Leon Podkaminer, 2019. "Monthly Report No. 10/2019," wiiw Monthly Reports 2019-10, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:mpaper:mr:2019-10
    as

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    File URL: https://wiiw.ac.at/monthly-report-no-10-2019-dlp-5049.pdf
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    References listed on IDEAS

    as
    1. Olivier Blanchard & Francesco Giavazzi, 2006. "Rebalancing Growth in China: A Three‐Handed Approach," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 14(4), pages 1-20, August.
    2. Nicholas R. Lardy, 2012. "Sustaining China's Economic Growth after the Global Financial Crisis," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 6260.
    3. Barry Naughton, 2007. "The Chinese Economy: Transitions and Growth," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262640643, April.
    4. Lant Pritchett & Lawrence H. Summers, 2013. "Asia-phoria meet regression to the mean," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 1-35.
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