Growth Model of the New Member States: Challenges and Prospects

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Series Title
Series Details Vol.48, No.2, March-April 2013, p124-130
Publication Date March 2013
ISSN 0020-5346
Content Type

This paper reviews the strong pre-crisis economic growth in the new EU member states and assesses whether the growth model can continue to be successful after the crisis. The analysis shows that a new growth model for the region will be needed, ideally one that focuses on raising domestic savings, implementing structural reforms to increase potential growth and rebalancing growth towards tradable sectors

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