This article analyses trends in the development of the commercial insurance market in Poland and in Lithuania over the last decade. The insurance market changed in the 2002-2011 period. Those changes can be seen in various fields of commercial insurance. Data on the number of insurers, total...

It is known that workers’ financial participation, primarily in the form of wider participation of employees in profits and ownership, has been used in enterprises from many years, but in practice the period of implementation of different forms of financial participation has taken place only...

The paper compares the most closely watched sentiment indicators with respect to their ability to nowcast quarterly GDP dynamics in the Euro Area and its biggest economies. We analyse cross-correlations and out-of-sample forecast errors generated from equations estimated by rolling regressions...

The executive remuneration policy of financial institutions has been indicated as one of the key factors that led to the recent financial crisis. As a consequence a number of legislative initiatives and best practices have been imposed,aimed at strengthening existing and creating new standards...

This paper discusses the performance and strategies of banks with foreign participation in the new EU Member States and their attitudes towards socalled 'socially responsible finance'. The banking sector in the analyzed countries (Czech Republic, Poland and Slovakia) is dominated by foreign...

The paper provides a new approach to the classification of EU countries into innovation-performance groups, taking into account their social regime. In the Introduction, it draws on some empirical evidence of synchronised research and development (R&D) performance within a social regime. In the...

The purpose of this paper is to explain the essence of the Europe 2020 Strategy, with particular emphasis on development projects in the field of innovation;to assess the level of innovation in the EU economies in comparison to the U.S., Japan and South Korea, and to describe the conditions for...

This article is based on the view that firms' competitiveness lies in their ability to innovate. It points out the incentives that make firms more innovative and the outcomes of implemented innovations. The main focus is given to the sources of innovation funding, in particular leasing, venture...

The issue of how to stimulate economic growth and development remains an open question. The EU structural funds are meant to help solve the problem at the regional level within the framework of the cohesion policy. Only some of these funds are used to directly subsidize businesses that are the...

The point of departure of EU State aid policy is laid down in the Treaty establishing the European Community (hereinafter the "Treaty"). This Treaty provides that State aid is, in principle, incompatible with the common market. However, the principle of incompatibility does not amount to a...