The idea of fiscal decentralisation has become increasingly fashionable world-wide. In some developed countries the systems of intergovernmental finance have evolved gradually and each country has unique features. Transition countries on different continents have had differing reasons and...

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...

Legal European Company Forms to Realize Cross Border FOCJ ‒ Functional Overlapping Competing Jurisdictions Peter Friedrich Abstract Since several years Bruno Frey, Eichenberger and other authors launched the idea of a FOCJ “Functional Overlapping Competing...

The authors determine the income effects, employment effects, production effects, migration effects as well as the budget effects and effects concerning social insurances. These effects concern the city of Munich, the hinterland, other municipalities, Bavaria, other states and the federation....

This study identifies the shadow market area of air pollutants based on the Gaussian plume model. Since pollutants are dispersed by wind, transport costs are irrelevant in its formation. Pollutant distribution on the ground level has an asymmetric bell-shape in the wind direction. Apart from the...

The recent process of political and economic transformation in eastern European countries has not only contributed to the decentralisation of political structure but also significantly enhanced the fiscal autonomy of municipalities belonging to these countries. Although the degree of...

Intergovernmental transfers can be either conditional or unconditional with regard to the autonomy of local governments in spending such financial means. Although fiscal decentralisation has recently been quite pronounced in Eastern European transition countries, the dominance of a purpose-and...

Apart from the countries in transition, a large number of developing (and also developed) countries have also established free economic and trade areas(FETA) with the aim of attracting foreign capital by providing tax incentives, creating employment opportunities and promoting exports and...