The Convergence Process in the Central European NMS Countries  Cover Image

Konvergenční proces ve středoevropských nových členských státech Evropské unie a jeho změny v období recese
The Convergence Process in the Central European NMS Countries

Author(s): Růžena Vintrová
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: real convergence and its factors; the structure of GDP usage; alternative indicator – real gross domestic income; GNI; NNI

Summary/Abstract: The catching up with the economic level was very fast in EU-5 in the current decade, however the real convergence slowed down in the recession period (except of Poland), especially in Slovenia and CZ. GDP per capita is the highest in Slovenia and the CZ, while GDP per employed person in Slovenia and Slovakia. The position of EU-5 (except of Poland) measured by GNI or NNI is worse than that measured by GDP. The RGDI rates of growth show similar results as the GDP ones in 2001 – 2007 except of Slovakia, where they were by 0.5 p. p. lower. The relation of CPL to EU-27 approximated to the relation in GDP per capita. The wage level is still much lower. The aggregate ULC in relation to EU-27 reach from one half in Poland, Slovakia and Hungary to more than 60% in the Czech Republic and 90% in Slovenia.

  • Issue Year: 61/2013
  • Issue No: 02
  • Page Range: 111-133
  • Page Count: 23
  • Language: Czech
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