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Social Models of the New East European Capitalisms by Pál TAMAS [Hungarian Academy of Sciences]

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Presentation on theme: "Social Models of the New East European Capitalisms by Pál TAMAS [Hungarian Academy of Sciences]"— Presentation transcript:

1 Social Models of the New East European Capitalisms by Pál TAMAS [Hungarian Academy of Sciences]

2 Agriculture regions Industry regions Basic service regions Business service regions Capital cities Regional Clusters

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8 Source: AMECO Database GDP per head at PPS, EU-25 countries, incl. Bulgaria and Romania

9 Growth of gross domestic product: Wider Europe % annual change, 2006 and 2006-2020 forecasts

10 Employment and GDP growth 1995 = 100 EU-15NMS-10

11 Unemployment rates 2000- 2007 LFS, %, annual average Source: wiiw Database

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16 Stylized U-shaped pattern of employment growth in NMs Employment levels Time Strong presence of sectors with declining output shares and strong productivity catching-up Increasing weight of sectors with strong output growth and lower productivity catching-up Aggregate GDP growth / catching-up and convergence in output structures (with more advanced economies)

17 Growth by sectors, 1995-2005 in % p.a. NMS-7 Poland

18 Employment by educational categories 1992-2005 Hungary: (Index: 1992 = 100) Poland: (Index: 1992 = 100) Czech Republic: (Index: 1993 = 100) Primary education Secondary education Tertiary education Total employment 2005

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20 Skill shifts – between and within components in low-, medium- and high-skill sectors,1999-2005 Source: wiiw CZHUSISK L=low-skill sectors, M=medium-skill sectors, H=high-skill sectors High education

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