This paper investigates an intergenerational conflict arising from renewable energy support (RES). Using a simple polito-economic overlapping generations (OLG) model, it can be shown that old individuals unambiguously lose from renewable energy support and therefore vote for its minimum level....

Based on the example of the automotive sector the paper investigates some quantity and quality aspects of FDI-driven upgrading and analyzes in a comparative perspective – with the help of industry level data – selected aspects of competitiveness in Central and Eastern Europe. The first group...

This paper gives an introduction to regional clustering tendencies of Hungarian automotive and ICT sectors. Regional concentration patterns of these two sectors are shown using various measures (number of firms, number of employees, value added, and export). Regional location quotient is also...

Taking a closer look at the EU’s approach to enhanced surveillance, one finds that the approach of coordinated surveillance of autonomous fiscal policies of Euro member states is unlikely to deliver meaningful results. The widespread public perception that there is a general debt crisis in the...

The Transatlantic Banking Crisis has strongly raised debt-GDP ratios in many OECD countries and this is undermining the economic recovery. As regards the euro zone there are special problems which are partly related to lack of fiscal discipline in Greece and to the Irish economic crisis which...

The information and communication technology (ICT) is a cross-section technology. ICT accelerate structural change and has a revitalizing effect especially in advanced economies. For Germany, it is therefore important not to leave behind on the fast growing ICT market and to produce a high...

The development of ICT is considered as an important indicator of globalization. The main hypothesis is that the development of ICT and global activities of both countries and regions are positively correlated. As criteria for global activities the exports and FDI-inflows are taken. The...

Due to its transition process in the decades 1990 - 2010 Russia has experienced a change in its regional structure. Its design is characterized by a core-periphery structure, where one can see that Russia has more than one economic core. The insight gained from this study is that convergence...

The expansion of information & communication technology (ICT) is continuing in OECD countries and the world economy – partly due to the ongoing fall of relative ICT prices. The continuing absolute fall of ICT prices and ICT capital prices, respectively, is not adequately considered in the...

This paper analyses the Hungarian ICT sector from a Central European and Estern European perspective. It outlines the position of the ICT sector in Central European and Eastern European states. Furthermore, it describes the impact of ICT on structural improvement in the regiuon. In conclusion,...