We investigate the financial impact of social trust, institutional quality, and regulations. As a testing ground we employ a unique, large, and hand-crafted dataset of more than 850 000 lending-based crowdfunding projects from 155 platforms across 55 countries during 2005-2018. We show that the...

The main objective of the paper is to identify and quantify the infl uence of institutional environment on infl ows of foreign direct investment in European post-socialist countries and countries of Latin America. The reference period is the period 1996–2012 due to data availability. The World...

The paper deals with the state and development of knowledge economy in Central and Eastern European (CEE) countries and its contribution to national competitiveness. The main goal is to discuss whether a relationship between the level of knowledge economy and macroeconomic competitiveness can be...

The purpose of this paper is to propose a general informal institution determining human ways of thinking and codes of behaviour, thus, in our case, individual support for the Welfare State. For that reason, we recommend employing the two closely related and complementary psychological concepts...

The CENTROPE region covers eight regions in four countries: Austria, the Czech Republic, Hungary and Slovakia. Considering the situation on the labour market in CENTROPE, it is necessary to emphasize a high level of heterogeneity. Theoretically, it provides a potential for cross-border...

Within the context of the continuing integration process in Europe, this paper addresses the question of whether policies in the EU should head towards autonomy, coordination or harmonization. Taking the path dependence effect into account, it is the authors' opinion that Europe has gone too far...