Tuesday, October 7, 2008

The party is nearly over

Submitted by Arnett Edwards

This article is useful for both IB Economics (transition economies) and for Business and Management (external environment).

For business the article could be used for students to understand some of the key economic indicators of an economy.

Questions to think about

  1. Why are economists arguing that Eastern Europe is facing an economic slowdown?
  2. What is the article saying about why Poland is “looking better”? (paragraph 4)
  3. Why are economists concerned about the Hungarian economy?
  4. What impact would the slowdown in Eastern Europe have on economies in Western Europe?

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