This paper provides empirical evidence that countries in emerging Europe reaped the benefits of international financial integration over the past 12 years by attracting sizeable foreign capital inflows and accelerating medium-term growth. But the aggregate pattern masks substantial heterogeneity...

This study attempted to identify how regional integration and spatial enlargement would affect firms’ strategic decisions from the outside of an integrated region. By analyzing data sets between 2000 and 2007 utilizing the gravity model, this study examined the specific properties of Korean...

During the Central European countries' reintegration into the world economy, their proximity and accession to the European Union greatly affected first the flow of capital and then the flow of goods. Countries that adopted radical liberal reform and had preferential access to EU markets have...

Der Abbau von Marktschranken - und damit auch die EU-Osterweiterung - bedingt eine Restrukturierung von Produktion und Beschäftigung in den beteiligten Ländern. Dieser Strukturwandel verursacht Anpassungskosten, die vor allen Dingen in Produktionszweigen und Beschäftigungsgruppen anfallen,...

Der Außenhandel zwischen der bestehenden "EU der 15" und den Beitrittskandidaten Mittel- und Osteuropas hat sich in den vergangenen 10 Jahren stürmisch ausgeweitet. Ausgehend von der traditionellen "klassischen" Handelstheorie und den Thesen der "Neuen Ökonomischen Geographie" werden die...

This study analyzes trade specialization patterns in the enlarged European Union with a special focus on the new EU member states and the cohesion countries. Empirical findings on revealed comparative advantage and a broader picture of competitiveness on the single market are presented from a...