In this paper we use a gravity model in order to estimate the magnitude of potential trade flows between Greece and nine Balkan countries. We adopt a two stage approach. At the first stage the coefficients of the gravity model for the implemented trade between Greece and thirty trade partners...

This paper tries to explain the recent currency crisis in Iceland and draw some policy lessons. It shows that the recent currency crisis in Iceland is mainly due to a loose monetary policy preceding the crisis. Structural reforms which could have prevented the occurrence of the crisis were missing.

The main purpose of this paper is to construct indices of tourist development in the case of 51 prefectures (nomoi, NUTS III regions) of Greece and use them for the evaluation of tourist-regional policy. The paper is based on the development of a composite Regional Tourist Development Index that...

Purpose – The purpose of this paper is to study underground banking between Greece and Albania and provide policy makers with specific policy recommendations to reduce hawala, reduce remittances commissions and improve access of banking services to both remittance senders in Greece and...

One common development in the transition economies of Central and Eastern Europe is the real appreciation of their exchange rates at the beginning of the 1990s. This article makes an assessment of the real exchange rate movements in transition economies at the beginning of the 1990s. After...

The purpose of this paper is to empirically implement a comprehensive analytical framework of financial performance in the case of Greek industrial firms during the period 1997-2004. The paper examines the impact of key determinants of firms’ financial performance. We distinguish between...

The purpose of this study is twofold. First, to conceptualize various internal, external and strategic factors explaining the motivation and the marketing strategy of Greek exporting firms based on a strategic management model. Second, to empirically test this model in the case of Greek...

The purpose of this paper is to use socioeconomic indicators for analyzing convergence among Greek regions since 1960. We use two alternative approaches. The first one is based on the coefficient of variation and the second one on quality of life rankings. We confirm the decline of regional...