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Emerging European Economies after the Pandemic - Stuck in the Middle Income Trap? (Hardcover, 1st ed. 2022)
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Emerging European Economies after the Pandemic - Stuck in the Middle Income Trap? (Hardcover, 1st ed. 2022)
Series: Contributions to Economics
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This edited volume examines the development path of eight Central
and Eastern European countries with an overlapping historical
background that joined the European Union between 2004 and 2013,
and identifies the main similarities and differences between the
countries concerned. Based on wide comparative data analysis of
Bulgaria, Croatia, The Czech Republic, Hungary, Poland, Romania,
Slovakia, and Slovenia, each chapter in the volume provides
detailed information about the state of the economy in a specific
area preceding the pandemic shock. The book offers a detailed
snapshot of the state of the different areas of the economy,
starting from the time when the countries concerned came out of the
2008 financial crisis, up to the date when COVID-19 hit. Further,
each chapter analyzes the effects of this unprecedented shock on a
particular field, which is followed by highlighting the main
problems the countries are facing at present and in the near
future, together with identifying the available policy options.
Finally, before concluding and making general and country-specific
policy recommendations, some thoughts will be given to longer-term
prospects. More specifically, the question of how the subject area
could contribute to avoiding the "middle-income-trap" that this
region may be facing will be addressed. The comprehensive approach
makes this volume a must-read for scholars and students of
economics, as well as policy decision-makers in Europe, interested
in a better understanding of the region's economic development.
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