1st Edition

Macroeconomic Challenges in Central and Eastern Europe Sustainable Growth and Economic Resilience

Edited By Paweł Gajewski Copyright 2026
220 Pages 32 B/W Illustrations
by Routledge

Three decades after the fall of communism, the Central and Eastern European (CEE) countries have achieved income convergence that would have seemed implausible in 1990. This book argues that the growth model which powered this catch-up, built on integration into foreign-controlled value chains, large capital inflows, technology adoption rather than indigenous creation, and EU transfers, has also... Read more

1. Post-Communist Trajectories: Convergence or Divergence? Andrzej Kacprzyk 2. From Assembly Lines to Ambition: Rewriting the Growth Story Paweł Gajewski 3. Competitiveness and Export Performance Kamila Kuziemska-Pawlak 4. Navigating Slowbalisation’s Impact Piotr Gabrielczak 5. Energy Security and Energy Transition Taimoor Hassan 6. The Transformation of Agriculture Damian Szymczak 7. Demographic Change and Economic Implications Agata Szymańska 8. Fiscal Policy Challenges Piotr Krajewski 9. Conclusions: Summary and Outlook Paweł Gajewski

Biography

Paweł Gajewski is Head of the Department of Macroeconomics, University of Łódź, Poland.

"In a single generation, the transformation of Eastern Europe from stagnation under Communism to dynamism within the EU and the global economy has transformed its citizens’ lives, raising their living standards to those of the most developed countries in the world. What are the sources of this success and can this outstanding performance last? A team of experts answers these questions and provides a deep analysis of East Europe’s challenges and of the decisions that must be made now to continue this incredible trajectory." — Josef C. Brada, Professor emeritus, Department of Economics, Arizona State University