Keywords: regional economic development; empirical assessment methods; European Union The objective of current article is to assess EU regional economic development imbalance and its change, by implementing an indicator system of regional development disparities. The quantitative measurement...

Foreign direct investment (FDI) flows in the world have increased rapidly during the last decade. Most of the FDI inflows are targeted to developed countries (78% in 1999, about fifth of the flows are going to developing countries and Central and Eastern European transition countries are the...

Baltic Sea Region (BRS) can be seen as one good example of an attempt to integrate countries with different development levels. In the long run the Baltic Sea could be seen as the internal sea of European Union. However, as different are the development stages of BRS countries, different is...