1. Cyprus : from an economic miracle to a systemic collapse and its aftermath / Andreas Theophanous -- 2. The Estonian economy : structure, performance and prospects / Tarmo Kalvet -- 3. Iceland and the challenge of European integration : is European Union membership feasible / Hilmar or...

Purpose: The purpose of this paper is to examine whether good governance across countries, utilising the Rule of Law indicator of the Worldwide Governance Indicators, is associated with economic growth, measured in terms of real GDP. It is to be noted that in this paper both variables are...

Purpose The purpose of this paper is to revise, update and extend the economic vulnerability and economic resilience indices, where economic vulnerability is associated with inherent exposure to external shocks and economic resilience with policies that enable a country to minimize or withstand...

In this paper, economic vulnerability is defined as the exposure of an economy to exogenous shocks, arising out of economic openness, while economic resilience is defined as the policy-induced ability of an economy to withstand or recover from the effects of such shocks. The paper briefly...