EIB Working Paper 2021/01 - Towards a new growth model in CESEE
Overview & Synopsis
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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Document Information
| Document Title | EIB Working Paper 2021/01 - Towards a new growth model in CESEE |
|---|---|
| Author / Organization | Gereben, Áron, Wruuck, Patricia |
| Subject & Discipline | Business & Economics |
| Categories | Open Access Books |
| Publication Year | 2021 |
| License / Rights | Open Access / Creative Commons |
| Resource Verification | Listed PDF (Verification Pending) |
| Original Host Website |
Directory of Open Access Books
(www.doabooks.org)
|
| File Format | application/pdf (Portable Document Format) |
| Language | EN |
| Catalog ID | DOC-155244 |
| Original Source Link | Visit Source Page on www.doabooks.org » |