TY  - GEN
T1  - EIB Working Paper 2021/01 - Towards a new growth model in CESEE
A1  - Gereben, Áron
A1  - Wruuck, Patricia
A2  - European Investment Bank
LA  - eng
PB  - European Investment Bank
YR  - 2021
UL  - https://ebooks.jgu.edu.in/Record/doab-20.500.12854-64073
AB  - The factors behind the pre-crisis growth model of the Central, Eastern and South-Eastern European EU countries (CESEE) region – skilled yet affordable labour force, foreign direct investment, imports of productivity-enhancing technology – are having less effect, but are yet to be substituted. This paper proposes a new growth model centred around a shift towards more home-grown innovation, digitalisation, climate change mitigation and a strong focus on skills, labour and social inclusion, to leave the middle-income trap behind for good and to boost economies’ growth prospects in a post-COVID world. Based on analysis of firm-level data, it highlights the prerequisites of making this transition happen.
SN  - 9789286149368
KW  - Business & Economics
KW  - Finance
KW  - thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
ER  -