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Some Calm and Storms; Eastern Europe's Economies
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 400 no. 8748 (Aug. 2011)
,
page 41-42.
Topik:
Economic Conditions
;
International Comparisons
;
Credit Ratings
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.67
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Wobbly finances, low living standards and weak institutions are a bad mixture. The ten "new" (a relative term: most joined in 2004) ex-communist members of the European Union were once seen as its most troubled economies. In 2008-09 Hungary, Latvia and Romania needed bail-outs. Across the region unemployment rose and growth slumped. Western European policymakers worried about contagion. Now those fears seem distant. Even as ratings agencies humble mighty economies like America's and Japan's, they are upgrading the EU's newcomers: Standard & Poor's recently raised Estonia to AA-, only two notches below America. All ten have growing economies, shrinking budget deficits and falling unemployment. The three in the euro zone--Estonia, Slovakia and Slovenia--are contributors to the bail-outs, not supplicants.
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