Über die Rolle der Energievorkommen am Kaspischen Meer gibt es eine rasch wachsende geopolitische Literatur, bei der ökonomische Aspekte bisher weitgehend vernachlässigt wurden. So wird bis heute auf die große Bedeutung der kaspischen Erdöl- und Erdgasvorkommen verwiesen, obwohl die...

We develop a composite indicator measuring the performance of national innovation systems. The indicator takes into account both hard factors that are quantifiable (such as R&D spending, number of patents) and soft factors like the assessment of preconditions for innovation by managers. We apply...

Six years into post-socialist economic reform, a division has appeared between the Central and Eastern European reform countries (CEE) and the CIS-countries. Whereas the former are dedicated to introducing the institutions of a capitalist market economy, the European CIS-countries (Russia,...

Shipbuilding has changed from a heavy industry to become a capital- and technologyintensive activity over the last decades. While Japanese, South Korean and Western European yards dominate the merchant shipbuilding market so far, Eastern European yards are increasingly active, in particular in...

The restructuring of telecommunication in Central and Eastern Europe occurs at a time when the classical structures of telecommunication are falling apart worldwide. Coming from the socialist system in which telecommunication did not exist as an independent economic activity, the Eastern...

This paper analyses the issues of regulatory reform in the energy industry of post- Soviet countries. We identify the characteristics of the transformation that these countries go through: it is the introduction of a) a new legal culture and b) a capitalist rationality of production in societies...

Coal continues to be an important fuel in many countries' energy mix and, despite the climate change concerns, it is likely to maintain this position for the next decades. In this paper a numerical model is developed to investigate the evolution of the international market for steam coal, the...