This article investigates the relationship between corruption and firm performance in Greece using firm level data. Corruption is overall negatively associated with firm size and growth at the firm level. We focus on the effect of ‘administrative corruption’, whereby firms engage in corrupt...

The aim of the paper is to propose an enriched framework of analysis to assess and analyze complex social, political and economic phenomena, such as the developments that took place in the Arab countries. I call this framework of analysis Elaborated Realism and I present its main epistemological...

The paper focuses on the regional integration of Western Balkans and its prospects. We enrich mainstream political economic approaches by a framework assessing regional integration with the use of political, cultural, institutional and economic variables: coincidence in political interests and...

This paper extrapolates the patterns and volume of business development within the Western Balkans region. This is a war-torn area with social, cultural, religious and political specificities. Despite noticeable institutional and growth progress of the individual countries, regional business is...

The paper aims to identify the roots and causes of the failure of existing regional economic integration efforts in the Western Balkans and the poor prospects for similar attempts in the future. Existing classical political and economic approaches are enriched by identifying a framework of...

The Greek crisis should not be considered an unexpected phenomenon. On the contrary, it has been caused by, among other things, rushed political decisions, incomplete EU institutions of governance and hidden political and economic causes. We analyse the optimality and effectiveness of the...

The aim of the paper is to extrapolate the patterns and volume of business development within the region of the Western Balkans. The area is a war-torn one with social, cultural, religious and political specificities. Although individual states have demonstrated noticeable institutional and...

This paper extrapolates the patterns and volume of business development within the Western Balkans region. This is a war-torn area with social, cultural, religious and political specificities. Despite noticeable institutional and growth progress of the individual countries, regional business is...