We look at the differences in regional unemployment rates in six major transition countries and their persistence over time. We analyse the role various adjustment mechanisms play. While movement out of the labour force seems to be one consequence in many regions with high relative unemployment,...

The main purpose of this paper is to examine the international competitiveness of the Turkish economy and the structure of specialisation in foreign trade in comparison with the five EU candidate countries Bulgaria, the Czech Republic, Hungary, Rumania, Poland and the EU/15. This research work...

Many governments offer significant inducements to attract inward investment, motivated by the expectation of spillover benefits. Foreign direct investment (FDI) is generally perceived as the best channel for technology transfer, not only across national boundaries but also between firms - in...