New Member States of the European Union and the Current Trends in the World Economy

Ilya Bolotov

Central European Business Review, 2014, vol. 2014, issue 4, 7-13

Abstract: This paper describes the specifics of the current development of the world economy and discusses implications for new member states of the European Union, the EU NMS, with a small case study on the Czech Republic. The paper is divided into four parts: the trends, the EU NMS and the effects of the trends in the EU NMS and in the Czech Republic. The paper is based on a general economic analysis of data provided by the World Bank (WB), the International Monetary Fund (IMF), Eurostat, the European Central Bank (ECB) and by the Czech Statistical Office (CZSO). Being familiar with recent macroeconomic trends is nowadays important for Central and Eastern European managers in order to efficiently adapt their strategies to the constantly changing business environment.

Keywords: world economy; crisis; European Union; new member states; Czech Republic (search for similar items in EconPapers)
JEL-codes: F01 F15 O52 P20 (search for similar items in EconPapers)
Date: 2014
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DOI: 10.18267/j.cebr.97

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