European energy security a concern common to both the EU and Russia (by P. Havlik; pp. 1-2) Keywords energy security, gas supply, structural reform Countries covered Russia, EU Topics Macroeconomic Analysis and Policy The current state and prospects of the Russian energy sector (by V. Astrov;...

Graph of the month Inequalities in hourly earnings at PPP measured by the Gini index, 2002-2010 (p. 1) Opinion corner Presidential election in Romania will the new broom sweep cleaner? (by Gábor Hunya; pp. 2-3) Earnings levels, inequality and coverage rates of collective agreements (by Sebastian...

Patterns of transition (by K. Poznanski, J. Poznanska and H.Y. Liu; pp. 1-11) Keywords transition, shock therapy, privatization, market vs. state Countries covered CEE, CIS, East Asia Topics Macroeconomic Analysis and Policy Recent trends in the quality of traded goods NMS are closing the gaps...

Euro or not? Early lessons from the crisis (by Ch. Wyplosz, pp. 1-4) Keywords euro, EU, crisis Countries covered European Union Topics Macroeconomic Analysis, Forecasts and Policy Migration from the New to the Old EU Member States country experiences (by H. Vidovic; pp. 5-14) Keywords migration,...

The dark side of the Balkans (the shadow economy in Southeastern Europe) (by Edward Christie and Mario Holzner) Are CEECs trapped in low-quality export specialization? (by Uwe Dullek, Neil Foster, Robert Stehrer and Julia Wörz) Do interest rate differentials determine the movements in the...

Hungary taking stock (by J. Kornai; pp. 1-12) Keywords economic policy, reform Countries covered Hungary Topics Macroeconomic Analysis and Policy Developments in trade and FDI in services in the Visegrad countries (by O. Pindyuk; pp. 13-20) Keywords trade, services, FDI Countries covered...

Trade and economic integration in the CIS an evaluation (by Vasily Astrov, Peter Havlik and Olga Pindyuk; pp. 1-3) Keywords trade, economic integration Countries covered CIS Topics International Trade, Competitiveness and FDI Volume and variety of intra-bloc trade in an expanded European Union...

Convergence and labour demand employment projections for the new EU member states up to 2012 (by Robert Stehrer) Countries covered Czech Republic, Hungary, Poland, Slovakia, Slovenia, Estonia, Latvia, Lithuania Topics Labour and Migration Structures and sectoral linkages in selected new and old...

Real economic convergence within the EU (by Rumen Dobrinsky; pp. 1- 5) Keywords convergence, panel regressions Countries covered European Union Topics Macroeconomic Analysis and Policy R&D and non-R&D innovators in the financial crisis the role of binding credit constraints (by Sandra M. Leitner...

Graph of the month Share of foreign value added in the exports of selected countries Opinion corner What might be the economic consequences of a potential territorial break-up of Ukraine? (by Vasily Astrov) Trade integration, vertical specialisation and employment growth in the new Member States...