Real Convergence to EU Income Levels: Central Europe from 1990 to the Long Term

36 Pages Posted: 1 Feb 2006

See all articles by Peter Doyle

Peter Doyle

International Monetary Fund (IMF) - European Department

Louis Kuijs

World Bank; International Monetary Fund (IMF)

Guorong Jiang

Bank for International Settlements (BIS)

Date Written: September 2001

Abstract

The paper discusses factors likely to shape the nature and pace of economic growth of five Central European transition countries now engaged in accession to the European Union. It is organized around the standard growth accounting framework. The paper reviews the growth of these countries since 1990 and draws lessons from the growth experiences of other regions since the 1950s, shedding light on long-term growth prospects for these countries. It discusses a set of growth calculations and highlights the key uncertainties in them.

Keywords: Transition, EU accession, growth, growth accounting, Central Europe

JEL Classification: E31, F43, O40, P20

Suggested Citation

Doyle, Peter and Kuijs, Louis and Jiang, Guorong, Real Convergence to EU Income Levels: Central Europe from 1990 to the Long Term (September 2001). IMF Working Paper No. 01/146, Available at SSRN: https://ssrn.com/abstract=879950

Peter Doyle (Contact Author)

International Monetary Fund (IMF) - European Department ( email )

700 19th St. NW
Washington, DC 20431
United States

Louis Kuijs

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Guorong Jiang

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

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