Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/247728 
Year of Publication: 
2021
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Volume:] 56 [Issue:] 2 [Publisher:] Springer [Place:] Heidelberg [Year:] 2021 [Pages:] 120-126
Publisher: 
Springer, Heidelberg
Abstract: 
Over the last two decades, income disparities between EU member states tended to decline, particularly before the financial crisis. While Central and Eastern Europe caught up with the EU average, Southern Europe fell behind after 2009. Catch-up growth in both peripheries relied on nominal convergence (real appreciation) and foreign capital. Further growth can and should be fostered by an economic policy that does not neglect domestic demand, stabilises capital markets and invests in research, education, health and intangibles.
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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