German-Central European Supply Chain-Cluster Report: Staff Report, First Background Note, Second Background Note, Third Background Note

International Monetary Fund

No 2013/263, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses key findings of the Cluster Report on German-Central European Supply Chain (GCESC). Since the 1990s, a GCESC has evolved, manufacturing goods for export to the rest of the world. Reflecting this, bilateral trade linkages between Germany and the Czech Republic, Hungary, Poland, and the Slovak Republic (CE4) have expanded rapidly. Participation in the GCESC has led to technology transfers to CE4 countries and accelerated income convergence. Export growth in knowledge-intensive sectors has been particularly rapid in the CE4. It is also observed that complementarities between supply chain activities and domestic production have led to greater synchronization of the business cycle among GCESC countries.

Keywords: ISCR; CR; GDP; CE4 FDI; Germany; CE4 Countries Based; banking; trade linkage; stock position; exports to Germany; FDI stock; aggregate demand demand shock; safe haven status; Exports; Foreign direct investment; Financial statements; Spillovers; Stocks; Global; Asia and Pacific; Europe (search for similar items in EconPapers)
Pages: 87
Date: 2013-08-20
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Citations: View citations in EconPapers (1)

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