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Emerging European Economies after the Pandemic: Stuck in the Middle Income Trap?

Emerging European Economies after the Pandemic: Stuck in the Middle Income Trap?

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  • More about Emerging European Economies after the Pandemic: Stuck in the Middle Income Trap?

This edited volume examines the development path of eight Central and Eastern European countries that joined the European Union between 2004 and 2013 and identifies the main similarities and differences between them. It offers a detailed snapshot of the state of the economy in each country before the pandemic shock and analyzes the effects of the shock on a particular field. It also highlights the main problems the countries are facing and identifies policy options. The book concludes with thoughts on longer-term prospects and the question of how the subject area can contribute to avoiding the middle-income-trap.

Format: Paperback / softback
Length: 610 pages
Publication date: 09 February 2023
Publisher: Springer Nature Switzerland AG


This edited volume delves into the developmental trajectories of eight Central and Eastern European countries, with a shared historical background, that joined the European Union between 2004 and 2013. Through a comprehensive comparative analysis of Bulgaria, Croatia, The Czech Republic, Hungary, Poland, Romania, Slovakia, and Slovenia, each chapter in the volume offers detailed insights into the state of the economy in a specific area preceding the pandemic shock. The book provides a comprehensive snapshot of the economic conditions in these countries, spanning from the aftermath of the 2008 financial crisis to the onset of COVID-19. Furthermore, each chapter examines the impact of this unprecedented shock on a particular sector, highlighting the key challenges the countries are currently facing and anticipated in the near future. Additionally, the book identifies available policy options to address these issues. Before concluding and making general and country-specific policy recommendations, some thoughts are given to longer-term prospects. More specifically, the question of how the subject area can contribute to avoiding the middle-income-trap that this region may be facing is addressed.

The comprehensive approach makes this volume a valuable resource for scholars, students of economics, and policy decision-makers in Europe, seeking a deeper understanding of the region's economic development.

Weight: 955g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030939656
Edition number: 1st ed. 2022

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