Titlebook: Real Convergence in Central, Eastern and South-Eastern Europe; Reiner Martin,Adalbert Winkler Book 2009 Palgrave Macmillan, a division of

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Ganglion-Cyst

情感脆弱

打谷工具

chlorosis

縱火

Real Convergence in Central, Eastern and South-Eastern Europe: A Production Function Approach,my, particularly into the European Union (EU), within less than two decades. Closer economic integration through trade and financial flows, progress in the EU accession process, including EU membership for ten countries by 1 January 2007, and the objective of adopting the euro in the future direct a

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The Link between Real and Nominal Convergence: The Case of the New EU Member States,standards of living and income levels have gradually increased towards those of the euro area. Still, the EU-9 countries display GDP per capita and price levels which are considerably below those of the euro area. Thus, the catching-up process will need to continue for some time. Income level conver

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opalescence

Real Convergence and the Balance of Payments, to record levels in many countries in the region. These deficits are being financed by massive capital inflows due to various push and pull factors. Rapid integration of, and ample liquidity in, global financial markets have abetted this process. Many of the standard indicators of macroeconomic vul