While there is a consensus that the 2008-2009 crisis was triggered by financial market disruptions in the United States, there is little agreement on whether the transmission of the crisis and the subsequent prolonged recession are due to credit factors or to a collapse of demand for goods and...

Since 1990, Central and East European economies have experienced increasing integration with the European Union via trade and direct foreign investments. The spatial implications of this process have not been investigated in-depth so far. Have patterns of regional specialization changed over the...