EconStor >
Wissenschaftszentrum Berlin für Sozialforschung (WZB) >
Discussion Papers, Forschungsgruppe Transformation und Globalisierung, WZB >

Please use this identifier to cite or link to this item:
Title:Central and East European countries: Prone to currency crisis? PDF Logo
Authors:Pöschl, Josef
Issue Date:1998
Series/Report no.:WZB Discussion Paper FS II 98-601
Abstract:Central and East European Countries (CEECs) have liberalised foreign trade almost completely and capital flows quite extensively. All have balance of trade deficits. Experts are worried because in some the current account deficit is high and still rising. Current account deficits could be an indicator of domestic companies’ low competitiveness. However, also the contrary could be the case: The country’s more dynamic industries may try to increase their position vis-à-vis foreign competitors through massive import of advanced technology, in this way enlarging the trade deficit.
Document Type:Working Paper
Appears in Collections:Discussion Papers, Forschungsgruppe Transformation und Globalisierung, WZB
Alle Publikationen von Forscherinnen und Forschern des WZB

Files in This Item:
File Description SizeFormat
251993701.pdf252.23 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.