Following the economic and political reforms international private capital started flowing into the emerging market economies of Central and Eastern Europe reducing the official capital flows to the region. The composition of private capital flows showed continuous dominance of direct equity...

Computable General Equilibrium models represent a state-of-the-art multisectoral tool for policy analysis in mixed economies. Simulations of the model provide insight into the quantitative structural effects of economic policies, taking into account interactions throughout the economy in a...

Foreign direct investment (FDI), with its growth-enhancing capacity, has played a significant role in setting the transition economies onto the path of convergence with their more affluent neighbors, which is enhanced by their recent membership in one of the richest clubs in the world, the...

Foreign direct investment (FDI) has become one of the main drivers of globalization and integration of the European transition economies into the world economy, especially the European Union. Its growth enhancing capacity has played a significant role in transforming their competitiveness, both...

The aim of this paper is to provide detailed analysis of the Croatian inward FDI, its structure and impact on the domestic economy, especially in the manufacturing sector. According to FDI per capita or FDI/GDP percentage, Croatia is ranked rather high among transition economies, even in...

In this paper we analyze the effects of international capital flows and institutional change on growth in Croatia. The impact of financial integration is assessed by looking at the determinants of real convergence of income per capita to that of the euro area and the institutional change is...

The aim of the paper is to estimate the impact of global financial crisis of 2008 on countries where the dominant components were private and government consumption as well as sizeable current account deficits, which is the structure that most emerging European economies (EEE) share, and to...