On the background of current global mortgage crisis the article discusses the housing market theory and particularly the methods and indicators used for the evaluation of long-term sustainability of house price trends. The authors provide the time series of such indicators for selected OECD...

During the transition of the central planned economies to the market system unemployment has become one of the most serious problems. The article describes the current state of unemployment in the Czech Republic and Slovakia. Using models of marginal effective tax rates developed by the OECD we...

The article solves the incentives to the different exchange rate arrangement choice during the transformation and integration period in the Central and East European countries. It follows with the analysis of the industry structure in these economies. It is discussed the existence of its direct...

The study examines the changes of the Central Eastern European region first in the context of world history. It confirms by comparative historical analyses that the transformation was indeed unique. This has been the only total transformation that took place peacefully, without violence, and at...

Globalisierung ist ein häufig verwendetes Schlagwort, das bei vielen Menschen mit der Furcht vor Arbeitslosigkeit, wachsender Ungleichheit und sozialem Abstieg assoziiert wird. Verschiedentlich wird die Globalisierung sogar als Sündenbock für jegliche feststellbare Fehlentwicklung...

Nach dem Subsidiaritätsprinzip, das der katholischen Sozialphilosophie entnommen ist, sollte jede gesellschaftliche Tätigkeit 'subsidiären' Charakter haben. Diese Norm verpflichtet - seiner ursprünglichen Wortbedeutung nach - zur Hilfe (subsidium) von oben nach unten, falls die kleinere...