German-Central European Supply Chain-Cluster Report: Staff Report, First Background Note, Second Background Note, Third Background Note
August 20, 2013
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This paper discusses key findings of the Cluster Report on German-Central European Supply Chain (GCESC). Since the 1990s, a GCESC has evolved, manufacturing goods for export to the rest of the world. Reflecting this, bilateral trade linkages between Germany and the Czech Republic, Hungary, Poland, and the Slovak Republic (CE4) have expanded rapidly. Participation in the GCESC has led to technology transfers to CE4 countries and accelerated income convergence. Export growth in knowledge-intensive sectors has been particularly rapid in the CE4. It is also observed that complementarities between supply chain activities and domestic production have led to greater synchronization of the business cycle among GCESC countries.
Subject: Balance of payments, Comparative advantage, Exports, Financial institutions, Financial sector policy and analysis, Financial statements, Foreign direct investment, International trade, Public financial management (PFM), Spillovers, Stocks
Keywords: aggregate demand demand shock, Asia and Pacific, banking, CE4 Countries Based, CE4 FDI, CR, Europe, Exports, exports to Germany, FDI stock, Financial statements, Foreign direct investment, GDP, Germany, Global, ISCR, safe haven status, Spillovers, stock position, Stocks, trade linkage
Pages:
87
Volume:
2013
DOI:
Issue:
263
Series:
Country Report No. 2013/263
Stock No:
1EUREA2013014
ISBN:
9781484347225
ISSN:
1934-7685
