This paper analyses the compliance patterns of the European fiscal rules of the public debt and budget deficit in a group of twelve Member States. The aim is to make a contrafactual analysis to the compliance of those rules from 2020 to 2022 in a hypothetical scenario without the Covid-19...

The aim of this paper is to analyze the impact of the Chinese foreign exchange policy on foreign trade with the European Union. After describing the importance of the exchange rate in an open economy and some of the methodologies employed to calculate its equilibrium value, we examine whether...

Financial crisis, as shown in this moment, can provoke great economic and social damage which hurts trade. The cost of essential financial service is getting higher than usual, while their availability is reduced, which is reflected indirectly through depressing aggregate demand. The most...

Since 2000 perspectives of European integration for the West Balkan countries became realistic. Long period of conflicts was finally behind and through Pact for Stability in South-East Europe the EU tries to provide political and other assistance for affected countries. The main goal is their...

This study aims to analyse the Portuguese economic policy of disinflation through a nominal stabilization policy of the Portuguese escudo. We study the pegging of the Portuguese escudo (PTE) to the Deutsch mark (DM) knowing the reputation of the Bundesbank for its anti- inflationary record and...

A possible way to overcome the economic crisis in Portugal is rapid change in favour of an innovative approach to economic development through increasing investments in human resources and implementing new ideas in its high-tech sector, gradually shifting towards alternative energy sources.

Since Serbia signed Stabilization and Association Agreement and was granted EU candidate status, harmonization of legal system with the acquis communautaire became its formal obligation. This process is neither simple nor short-period activity. Every candidate country has to perform enormous...

The aim of this chapter is to research potentials for attraction of foreign direct investment (FDI) into agricultural and food processing sector of Serbia. The special methodology was designed for the purpose of this research. The methodology was based on integrated vertical and horizontal...