The Situation of CEE Economies after the COVID-19 Crisis

Written in late summer of 2022, this article aimed to provide an overview on the intra-EU cohesion of the EU Member States that transformed the communist system into a democratic market economy in 1988–90. The study analyses the economic background of these states for sustainable catching-up in the...

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Main Author: Becsey Zsolt László
Format: Article
Language:English
Published: Sciendo 2022-12-01
Series:Acta Universitatis Sapientiae: European and Regional Studies
Subjects:
Online Access:https://doi.org/10.2478/auseur-2022-0006
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author Becsey Zsolt László
author_facet Becsey Zsolt László
author_sort Becsey Zsolt László
collection DOAJ
description Written in late summer of 2022, this article aimed to provide an overview on the intra-EU cohesion of the EU Member States that transformed the communist system into a democratic market economy in 1988–90. The study analyses the economic background of these states for sustainable catching-up in the European Union. The result is a picture of a divided CEE area, where some states showed macroeconomic imbalances and economic growth, while others started to catch up with the solid background of the eurozone membership or its future perspective. In terms of most parameters, Hungary is in the first group but – together with Romania – is also facing serious macroeconomic difficulties.
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spelling doaj.art-66c1e683e22b4c16b8632cbf55bb1e932023-04-11T17:19:08ZengSciendoActa Universitatis Sapientiae: European and Regional Studies2068-75832022-12-0122111310.2478/auseur-2022-0006The Situation of CEE Economies after the COVID-19 CrisisBecsey Zsolt László01Associate Professor, Károli Gáspár University of the Reformed Church in Hungary, Faculty of Law, Institute of Social Science and International Studies.Written in late summer of 2022, this article aimed to provide an overview on the intra-EU cohesion of the EU Member States that transformed the communist system into a democratic market economy in 1988–90. The study analyses the economic background of these states for sustainable catching-up in the European Union. The result is a picture of a divided CEE area, where some states showed macroeconomic imbalances and economic growth, while others started to catch up with the solid background of the eurozone membership or its future perspective. In terms of most parameters, Hungary is in the first group but – together with Romania – is also facing serious macroeconomic difficulties.https://doi.org/10.2478/auseur-2022-0006cohesionceeimbalancesinflationcompetitiveness
spellingShingle Becsey Zsolt László
The Situation of CEE Economies after the COVID-19 Crisis
Acta Universitatis Sapientiae: European and Regional Studies
cohesion
cee
imbalances
inflation
competitiveness
title The Situation of CEE Economies after the COVID-19 Crisis
title_full The Situation of CEE Economies after the COVID-19 Crisis
title_fullStr The Situation of CEE Economies after the COVID-19 Crisis
title_full_unstemmed The Situation of CEE Economies after the COVID-19 Crisis
title_short The Situation of CEE Economies after the COVID-19 Crisis
title_sort situation of cee economies after the covid 19 crisis
topic cohesion
cee
imbalances
inflation
competitiveness
url https://doi.org/10.2478/auseur-2022-0006
work_keys_str_mv AT becseyzsoltlaszlo thesituationofceeeconomiesafterthecovid19crisis
AT becseyzsoltlaszlo situationofceeeconomiesafterthecovid19crisis