2019
DOI: 10.3846/tede.2019.11253
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Patterns of Structural Changes in Cee Economies in New Millennium

Abstract: In the era of intensive globalization and frequent economic shocks, boosting the GDP growth becomes the most difficult task and main preoccupation of policymakers. This is particularly true for Central Eastern European countries or so called CEE countries, which are trying to overcome contemporary and inherited imbalances at the same time. These economies were faced with another huge challenge after 2008. They have to maintain the same pace of structural reforms during the global economic crisis and to mitigat… Show more

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Cited by 11 publications
(6 citation statements)
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“…In another paper analyzing structural changes in the economy of EEC countries, Fedajev et al (2019) identified that the key sectors in these economies are those related to services, while the productive and supply sectors of electricity, gas, steam have decreased in importance.…”
Section: Involvement Of Governments In Reaching the Objectives Of Sus...mentioning
confidence: 99%
“…In another paper analyzing structural changes in the economy of EEC countries, Fedajev et al (2019) identified that the key sectors in these economies are those related to services, while the productive and supply sectors of electricity, gas, steam have decreased in importance.…”
Section: Involvement Of Governments In Reaching the Objectives Of Sus...mentioning
confidence: 99%
“…With the advent of the capitalist market in transition economies, there was noticed a significant fall in demand coming simultaneously from various sources, which was translated into a sharp fall in GDP and an even sharper one in industrial production (Fedajev et al, 2019). The demand fall caused substantial decreases in employment and economic activity levels as well as in the occurrence of informal employment (Cazes & Nesporova, 2003).…”
Section: Peculiarities Of Cee Labour Marketsmentioning
confidence: 99%
“…The Romanian development regions, were established based on geographic and socio-economic similarities, in order to develop coherent regional development strategies (Gavrila-Paven I., 2020). At regional level common policies and financial instruments have to ensure sustainable development, which reduces disparities between regions and can shape the development of the entire country (Wlazlak, K., 2010;Fedajev, A et al 2019). Promoting and strengthening regional development is vital for shaping the proper conditions for the long-term development.…”
Section: Literature Review / Research Backgroundmentioning
confidence: 99%