The aim of this paper is to develop a comprehensive analysis of the shock therapy model of transition. As such the model requires an analysis of what I define as the primary elements: economic analysis, definition of a good society, speed, political structure, ideological structure and initial...

The aim of this paper is to develop a comprehensive analysis of the shock therapy model of transition. As such the model requires an analysis of what I define as the primary elements: economic analysis, definition of a good society, speed, political structure, ideological structure and initial...

In this paper, we employ a block structured near-vector autoregression in order to compare the reactions to euro area shocks in four new member states (Bulgaria, Hungary, Czech Republic and Romania) and in the old member states of the EU. The methodology adopted also allows us to study the...

Political economy literature acknowledges the importance of democratic learning and of fiscal rules in preventing politically driven deficits. This paper investigates the role of these factors for the Political Budget Cycles in the ten Central and East European (CEE) countries from 1990 to 2010....

Singapore-New Zealand bilateral relations are long-standing and based on a close political, economic and defence ties. Being small in economic size and population, both nations have undergone some challenges in a bid to improve their national competitiveness and innovation landscapes. This paper...

In our brief study, we try to address one of these market inefficiencies, by studying the Indian retail sector, which has posed as a structural defect causing a political battle rather than an economic one. We take a historical outlook to the contribution of retail and wholesale sector in our...