UK: Growth Potential in CESEE

BusinessEconomy ♦ Published: October 5, 2013; 10:55 ♦ (Vindobona)

According to the IMF, the UK economy is not diversified sufficiently. Now, UK promotes exports to the CESEE region.

UK: Growth Potential in CESEE / Picture: ©

Until now, the United Kingdom was under-represented in the CESEE region. In term of exports and foreign direct investments, the IMF recommends to put more effort into diversification. Otherwise, the UK´s economic growth rates would be too low to bear the burden of public debt.

In 2012, UK´s share in foreign direct investments in the CESEE region came at 2.9%. The export share…