## Central, Eastern and Southeastern Europe: Regional Economic Issues, October 2014

_Europe, October 24, 2014_

## Source details

**Canonical URL:** [Central, Eastern and Southeastern Europe: Regional Economic Issues, October 2014](https://www.imf.org/en/publications/reo/eu/issues/2017/01/07/regional-economic-issues-central-eastern-and-southeastern-europe)

## Other formats

- [Markdown version](/en/publications/reo/eu/issues/2017/01/07/regional-economic-issues-central-eastern-and-southeastern-europe/index.md)
- [Structured JSON version](/en/publications/reo/eu/issues/2017/01/07/regional-economic-issues-central-eastern-and-southeastern-europe/index.json)
- [Bundle manifest](/en/publications/reo/eu/issues/2017/01/07/regional-economic-issues-central-eastern-and-southeastern-europe/bundle-manifest.json)

## Bibliographic details
- Published: October 24, 2014
- Series: Europe

---

### Global growth outlook
- The global growth projection for 2014 has been marked down by 0.3 percent to 3.4 percent, reflecting both the legacy of the weak first quarter, particularly in the United States, and a less optimistic outlook for several emerging markets.
- The global growth projection for 2015 remains at 4 percent, with somewhat stronger growth expected in some advanced economies.

### Regional publications and key assessments (October 2014)
- Two reports on Central, Eastern and Southeastern Europe were published in October 2014:
  - A CESEE Regional Economic Issues (REI) update, published on October 10, 2014, which assesses the macroeconomic outlook for the region in light of the latest global economic and financial developments.
  - A Regional Economic Issues Special Report, published on October 24, 2014, which examines the past 25 years of dramatic transformation in Europe's former communist countries and policies needed to revitalize convergence with Western European economies.
- A survey story highlighted: "Emerging Europe: Geopolitical Tensions Taking a Toll."

### CESEE region definition and GDP shares
- The CESEE region includes Turkey and the following four sub-regions:
  - Central and Eastern Europe (CEE): the Czech Republic, Hungary, Poland, the Slovak Republic and Slovenia — 21 percent of regional GDP
  - Southeastern Europe (SEE): Albania, Bosnia & Herzegovina, Bulgaria, Croatia, Kosovo, Macedonia, Montenegro, Romania and Serbia — 8 percent of regional GDP
  - The Baltic region: Estonia, Latvia and Lithuania — 2 percent of regional GDP
  - The CIS group: Belarus, Moldova, Russia and Ukraine — 51 percent of regional GDP

*Source: Central, Eastern and Southeastern Europe: Regional Economic Issues, October 2014*

---

## Content in this bundle

- **25 YEARS OF TRANSITION**
  - [25 YEARS OF TRANSITION (Markdown version)](/external/pubs/ft/reo/2014/eur/eng/pdf/erei_sr_102414.pdf.md){rel="alternate" type="text/markdown"}
  - [25 YEARS OF TRANSITION (PDF)](/external/pubs/ft/reo/2014/eur/eng/pdf/erei_sr_102414.pdf){rel="external" type="application/pdf"}
- **Central, Eastern, and Southeastern Europe; Regional Economic Issues Update; October 2014**
  - [Central, Eastern, and Southeastern Europe; Regional Economic Issues Update; October 2014 (Markdown version)](/external/pubs/ft/reo/2014/eur/eng/pdf/erei1014.pdf.md){rel="alternate" type="text/markdown"}
  - [Central, Eastern, and Southeastern Europe; Regional Economic Issues Update; October 2014 (PDF)](/external/pubs/ft/reo/2014/eur/eng/pdf/erei1014.pdf){rel="external" type="application/pdf"}

---

## References

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- [French](https://www.imf.org/external/mmedia/view.aspx?vid=3832880575001)
- [Spanish](https://www.imf.org/external/mmedia/view.aspx?vid=3832924360001)
- [Transcript of the European Department Press Briefing, October 10, 2014](http://www.imf.org/external/np/tr/2014/tr101014d.htm)
- [Regional Economic Outlooks](https://www.imf.org/external/pubs/ft/reo/reorepts.aspx)
- [IMF Regional Reports](https://www.imf.org/external/pubs/cat/region.asp)
- [World Economic Outlook Archives](https://www.imf.org/external/ns/cs.aspx?id=29)
- [Subscribe](https://www.imf.org/external/RSS/feeds.aspx?Category=PUBS_GF)
- [Emerging Europe: Geopolitical Tensions Taking a Toll](http://www.imf.org/external/pubs/ft/survey/so/2014/CAR101014B.htm)
- [(Русский)](http://www.imf.org/external/Russian/pubs/ft/survey/so/2014/CAR101014BR.htm)

_Source: https://www.imf.org/en/publications/reo/eu/issues/2017/01/07/regional-economic-issues-central-eastern-and-southeastern-europe_