Also in this issue
Germany s dependence on the economic situation in the U.S. is less crucial than generally assumed
in: Wirtschaft im Wandel, No. 6, 2002
Abstract
In the context of the recent cyclical downturn in Germany it has often been argued that Germany depends more than other European countries on international economic developments. In this article it is investigated whether empirical support can be found for this proposition. Moreover, it is explored whether this relation has changed over time. For this purpose, vector autoregressive (VAR) models are applied to the output gaps of different economies. It is shown that in the seventies and eighties, the transmission of business cycle shocks was more pronounced to Germany than to the other EU countries. Since the middle of the nineties, no such differences can be detected. Furthermore, since the middle of the nineties, the effects of shocks from abroad on the German business cycle have been significantly more short-lived than before.
IWH Construction Industry Survey April 2002: Spring recovery is driven by civil engineering industry
in: Wirtschaft im Wandel, No. 6, 2002
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IWH Industry Survey March 2002: Business climate in East German industry signals upturn
in: Wirtschaft im Wandel, No. 6, 2002
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Institution Building for Regional Policy in Central and Eastern European Countries – Ready for Accession to the EU?
in: Wirtschaft im Wandel, No. 6, 2002
Abstract
The contribution investigates the state of institution building for regional policy purposes in Poland, the Czech Republic and Hungary - candidate countries, which are preparing to become EU member states. In comparison with the situation at the beginning of the 1990s, when regional policy had only little importance in these countries, some progress has been achieved in the field of institution building, primarily at national level. A lot, however, still has to be done to complete this institution building: adaptation of programmes to the requirements of the EU regulations set for structural funds, designation of the management authorities and paying authorities, better coordination between the various central state institutions involved in regional policy, inclusion of regions into the national programming process. The competencies of these latter in the sphere of regional policy, which should be strengthened in the course of administrative reform in all the countries investigated, have not gained a foothold yet. In the accession states there is a need to clarify how the regions could be involved in the process of elaboration and realization of regional policy programmes.
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