[eng] Can we measure the institutional change of the monetary regime ? . The paper explores the possibilities to measure the institutional change in the monetary field. A political economy theoretical framework is built up, where the monetary regime change is analysed as the outcome of the...

In this contribution, the meaning of economic nationalism and the possibilities of pursuing nationalist policies in the context of increasingly interdependent economic processes are discussed. Economic nationalism need not solely be affiliated with statist protectionism, while very few states...

[eng] Institutional innovation is analysed as a cumulative and endogenous interaction process between organisations which produce, diffuse and enforce the rules, and organisations aiming to exploit the opportunities given by the institutional framework. Asymmetric positions and relative autonomy...

[eng] A research realized by a sample of Polish enterprises, in the context of systemic transformation, reveals the control of uncertainty as predominant behavior and the weight of durable relations. In various forms of durable interactions - based on complementarities and common past...

The paper presents a cross-country analysis of the second generation of currency boards (CB) introduced in three East European countries: Bulgaria, Estonia and Lithuania. We focus on their institutional, legal and political characteristics which are closely associated with the operation of the...

The paper generalizes benefits and costs of potential official euroisation of Bulgarian economy in the process of accession to European Union and European Monetary Union. Since Bulgarian has a currency board the paper emphasizes on the comparison of current monetary regime and official...

The transitional period is always connected to redistribution processes and change in the financial wealth of the economic agents. The examination of the redistribution of wealth and its dynamics is important related to the possibilities for a more complete study and rationalization of the...

Countries in Central and Eastern Europe (CEE) still exhibit lower income levels than the European Union (EU) average. This paper examines convergence in per-capita GDP between CEE and the EU over the period 1990-2012 using parametric and nonparametric methods. The results indicate initial...