<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Written in late summer of 2022, this article aimed to provide an overview on the intra-EU cohesion of the EU Member States that transformed the communist system into a democratic market economy in 1988–90. The study analyses the economic background of these states for sustainable catching-up in the European Union. The result is a picture of a divided CEE area, where some states showed macroeconomic imbalances and economic growth, while others started to catch up with the solid background of the eurozone membership or its future perspective. In terms of most parameters, Hungary is in the first group but – together with Romania – is also facing serious macroeconomic difficulties.</p>
</abstract>

Written in late summer of 2022, this article aimed to provide an overview on the intra-EU cohesion of the EU Member States that transformed the communist system into a democratic market economy in 1988–90. The study analyses the economic background of these states for sustainable catching-up in the European Union. The result is a picture of a divided CEE area, where some states showed macroeconomic imbalances and economic growth, while others started to catch up with the solid background of the eurozone membership or its future perspective. In terms of most parameters, Hungary is in the first group but – together with Romania – is also facing serious macroeconomic difficulties.

The Situation of CEE Economies after the COVID-19 Crisis

Associate Professor, Károli Gáspár University of the Reformed Church in Hungary

Acta Universitatis Sapientiae, European and Regional Studies

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

{"article-title":"The Situation of CEE Economies after the COVID-19 Crisis"}

Written in late summer of 2022, this article aimed to provide an overview on the intra-EU cohesion of the EU Member States that transformed the communist...

The Situation of CEE Economies after the COVID-19 Crisis

Published Online: Mar 15, 2023

Page range: 1 - 13

DOI: https://doi.org/10.2478/auseur-2022-0006

Keywords
cohesion, CEE, imbalances, inflation, competitiveness

© 2022 Zsolt László Becsey, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The Situation of CEE Economies after the COVID-19 Crisis

Published Online: Mar 15, 2023

Page range: 1 - 13

DOI: https://doi.org/10.2478/auseur-2022-0006

Keywordscohesion, CEE, imbalances, inflation, competitiveness

© 2022 Zsolt László Becsey, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
cohesion, CEE, imbalances, inflation, competitiveness