This paper analyzes the relation between nominal exchange rate volatility and several macroeconomic variables, namely real output growth, excess credit, foreign direct investment (FDI) and the current account balance, in the Central and Eastern European EU member states. Using panel estimations...

For the first seven years of this decade, the Baltic countries experienced very rapid GDP growth. In 2007, though, the boom period turned to bust as country-specific factors such as the slowdown in credit growth dampened domestic demand growth. This was followed by the international financial...

<title/> MARTIN R. (1998) Regional incentive spending for European regions, <italic>Reg. Studies</italic> 32, 527-536. This paper develops and evaluates two hypotheses concerning the regional distribution of European and national productive sector support between 1989 and 1993. While total EU regional policy...

Using the Amadeus firm-level database, this paper examines sector-specific competition in a number of Central, Eastern and Southeastern European (CESEE) countries and its impact on price developments. Using returns on assets as our preferred indicator for the intensity of competition across 20...

Against the backdrop of the financial crisis that unfolded in 2008, this book deals with policy challenges going forward, focusing in particular on the ongoing catching-up process in Central, Eastern and South-Eastern European countries.