New Model for Balanced Growth and Convergence

Achieving Economic Sustainability in CESEE Countries

Inbunden, Engelska, 2013

1 808 kr

Beställningsvara. Skickas inom 7-10 vardagar. Fri frakt över 249 kr.

Beskrivning

This topical book addresses the need for emerging economies in Central, Eastern and South-Eastern Europe to find a new, sustainable growth model that fosters continued convergence with the EU without leading to the build-up of new vulnerabilities.The expert contributions frame the discussion on balanced growth in Europe, deal with the legacy of the old growth model (such as managing disrupted capital flows and deleveraging), and provide insights from the growth strategies of Russia and Turkey as well as the adjustment process of successful small CESEE countries. They focus on providing a multi-disciplinary assessment, combining the views of policy-makers and academics with those of central and commercial bankers.This book will prove a thought-provoking read for academics, researchers and students in the fields of economics - particularly international economics - and finance, money and banking. Policy-makers and economists interested in European integration and emerging European economies will also find this book to be an invaluable resource.Contributors: A.F. Aysan, G. Bisagni, D. Bogov, M. Dabrowski, M. Ferrazzi, A. Filardo, M. Gächter, L. Gattini, M.H. Güler, A. Hansson, S. Honkapohja, R. Jela i , K. Knot, I. Korhonen, A. Krstevska, E. Liikanen, E. Nowotny, C. Orman, E. Plato, P. Pumberger, M. Randveer, D. Revoltella, A. Riedl, D. Ritzberger-Grünwald, K. Sonin, E. Tuomi, S. Verkaart

Produktinformation

Utgivningsdatum:2013-10-31
Mått:156 x 234 x undefined mm
Format:Inbunden
Språk:Engelska
Förlag:Edward Elgar Publishing Ltd
ISBN:9781782548164

Utforska kategorier

Mer om författaren

Edited by Ewald Nowotny, former Governor, Oesterreichische Nationalbank, Peter Mooslechner, formerly Oesterreichische Nationalbank and Doris Ritzberger-Grünwald, Director, Oesterreichische Nationalbank, Austria

Innehållsförteckning

Contents:PrefacePART I: FRAMING THE DISCUSSION ON BALANCED GROWTH IN EUROPE1. The Necessity of Sustainable Growth and Continued Income Convergence in EuropeEwald Nowotny2. Changes in Banking in the Run-up to the CrisisErkki Liikanen3. Restarting Growth in Europe after the Great Recession: CEE versus Other Countries Seppo Honkapohja and Iikka Korhonen4. The European Debt Crisis and a Stable Design of EMUKlaas Knot and Silvie VerkaartPART II: STOP AND GO OF CAPITAL FLOWS AND DELEVERAGING5. Managing Stop–Go Capital Flows in Asian Emerging Markets: Lessons for the CESEE EconomiesAndrew Filardo6. CESEE Banks Deleveraging or Rebalancing? Lessons from the EIB Bank Lending SurveyLuca Gattini and Debora Revoltella7. Managing Capital Flows in a Globalized EconomyMarek DabrowskiPART III: GROWTH STRATEGIES OF EU NEIGHBOURING COUNTRIES: RUSSIA AND TURKEY8. Russia in 2012: The Challenge of Reforming the Economy Without a Political ReformKonstantin Sonin9. Sustaining Growth in Emerging Markets: The Role of Structural and Monetary PoliciesAhmet Faruk Aysan, Mustafa Haluk Güler and Cüneyt OrmanPART IV: SMALL-COUNTRY EXPERIENCES IN ECONOMIC ADJUSTMENT10. Business Cycle Convergence or Decoupling? Economic Adjustment of CESEE Countries During the CrisisMartin Gächter, Aleksandra Riedl and Doris Ritzberger-Grünwald11. South-Eastern Europe: Impacts from the Crisis, Vulnerabilities and AdjustmentsDimitar Bogov and Aneta Krstevska 12. Economic Adjustment in the Baltic CountriesArdo Hansson and Martti RandveerPART V: A PRACTITIONER’S VIEW 13. Basel III from a Practitioner’s PerspectiveEsa Tuomi and Eriks Plato14. Banks’ Challenges in Central and Eastern EuropeRadovan Jelašić15. Banking in CEE: Less Growth, More BalanceGianfranco Bisagni, Matteo Ferrazzi and Pia Pumberger Index