The aim of this paper is to understand whether what has been labelled as "twin transition", at first as a policy flagship, endogenously emerges as a new technological trajectory stemming by the convergence of the green and digital technologies. Embracing an evolutionary approach to technology,...

Past trauma resulting from personal life shocks, especially during periods of particular volatility, such as regime transition (or regime change), can give rise to significant long-lasting effects on people's health and well-being. We study this question by drawing on longitudinal and...

Entrepreneurship is deeply rooted in tradition and culture in many countries; however, transitional market economies in Central and Eastern Europe (CEE) underwent 40-45 years of socialism, which disrupted these traditions by collectivising private property. Education is recognised as a key tool...

This paper conducts a comparative meta-analysis using 3,098 estimates reported in 125 research works to explore the wage–experience profile in China and Eastern Europe as they experience a systemic transformation from the planned system to a market economy. The results indicate that the...

The EU has embarked on an ambitious path toward climate neutrality. How difficult will this transition be for the population as a whole and different subsets of consumers? This paper investigates this question using a dynamic general equilibrium model that captures a key feature of energy...

Past trauma resulting from personal life shocks, especially during periods of particular volatility such as regime transition (or regime change), can give rise to significant long-lasting effects on people's health and well-being. We study this question by drawing on longitudinal and...

The aim of this paper is to understand whether what has been labelled as "twin transition", at first as a policy flagship, endogenously emerges as a new technological trajectory stemming by the convergence of the green and digital technologies. Embracing an evolutionary approach to technology,...

Within the frame of the European Commission's Joint Research Centre (JRC) work on transformative innovation for climate resilience, in collaboration with DG CLIMA as orchestrator of the European Mission on Adaptation to Climate Change, DG R&I and contracted experts, JRC's Unit B7 organised...

The research in this discussion paper explores the significant role of feminist perspectives and actions in fostering sustainable gender-transformative changes within Ukraine, particularly during the ongoing defence against Russian aggression. It highlights the ability of feminist movements to...

Can developing economies achieve growth that benefits everyone and protects the planet? This report explores how low- and middle-income countries (LMICs) can achieve inclusive and sustainable economic transformation (ISET) - where economic growth benefits all of society and protects our planet....

On 8 December 2024, the Assad regime in Syria was overthrown by a rebel alliance led by Hay’at Tahrir al-Sham (HTS). The transitional government under Ahmad al-Sharaa now faces enormous economic, social and political challenges. It has yet to establish control over the country as a whole; and...

Green transition is one of the priority areas in the European Union (EU), and thus also the focus of EU cohesion policy implementation during the 2021-2027 programming period, through "green growth". To establish adequate guidelines and achieve better outcomes, it is necessary to observe and...

Russia's war of aggression, which has brought wide destruction and loss to Ukraine, has also transformed the Russian economy in significant ways. The Russian government's role in the economy has grown, with an ever-increasing amount of economic resources allocated to the war effort. The...

In contrast to most Central, Eastern and Southeastern European (CESEE) economies, Central Asia (CA) - comprising Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan - has witnessed quite robust demographic as well as economic growth in the period from 2019 to 2024. This period was...

African economies are undergoing significant structural transformation, transitioning from agriculture to manufacturing, services, and technology-driven industries. Driven by urbanization, technological innovation, and global trade, this shift offers opportunities for sustainable growth but...

The digital transformation in banking, which is supported by the European regulatory framework, has enabled new business models for banking. One example of these changes is the emergence of neobanks. We examine the presence of neobanks in two national markets, Austria and Slovenia. Despite the...

Drawing on contrasting theoretical perspectives of self-interest and utilitarian/ethical motivations, we examine the degree to which a company's pace of departure from Russia after the Ukraine invasion is driven by its exposure to the Russian market. Moreover, we investigate whether firm-level...

Zambia aspires to be a prosperous middle-income country by 2030. To that end, the Government of the Republic of Zambia (GRZ) has set out an aggressive economic diversification and industrialization agenda driven by the agriculture, mining, manufacturing, and tourism sectors. With regards to...

Since the Paris Agreement, interest in decarbonization and sustainable finance has grown rapidly. Within the prevalent derisking regime, investment for decarbonization must come predominantly from the private sector. However, growth in 'sustainable finance' assets is not necessarily causing more...

How culture affects banks' digital transformation (BDT) is understudied. We discover that clan culture inhibits BDT in China. Clan culture's short-radius trust requires banks to have more physical branches and employees to establish trust, and its risk aversion reduces banks' willingness to bear...

This article seeks to fill a critical gap in the context of mission oriented and transformative policies by conceptualising generic governance conditions for large public and private organisations to engage constructively with the transformation of wider socio-technological systems as an ongoing...

This chapter revisits the scholarship on life satisfaction in Eastern Europe. We first look at the broader drivers of life satisfaction identified in the literature. Then, we discuss the 'happiness gap' in Eastern Europe - the observed difference between the self-declared happiness of residents...

Revolutions in 1989' and later reforms in V4 countries started development of civil society, however, historical context, attitudes and characteristics of transition economies differ among these countries. The aim of this research is to analyse socio-economic characteristics and explain patterns...

The transition to a net-zero economy presents significant social and economic challenges, particularly for industries and regions reliant on high-carbon activities, hence the need for a just transition. This paper examines exposure to just transition risks-a newly introduced category of...