A growing literature examines institutional arrangements in Central and Eastern European (CEE) market economies. Some sources claim that there is a distinct model of capitalism in this region. This paper overviews and analyzes the results of these studies in connection with crucial...

The European Commission grossly underestimates the effects of German domestic demand expansion (by Leon Podkaminer; pp. 1-2) Keywords income elasticity of imports, external imbalances Countries covered Germany, EU Topics Macroeconomic Analysis and Policy, International Trade, Competitiveness and...

One of the fundamental goals of European integration is to provide less-developed member states opportunities for convergence and strengthen economic and social cohesion. Before the crisis the convergence process was impressive in the new member states. This success raises the question of how...

A tanulmányban a kapitalizmus változatai néven ismert összehasonlító politikai gazdaságtani iskola megközelítését felhasználva, empirikus elemzésre alapozva az Európai Unió közép-kelet-európai tagállamait új modellként helyezzük el a régi tagállamok modelljei között. Az...

Within the European Union cohesion member states were hit hardest by the global economic crisis. In this region, development relied more heavily on the influx of foreign capital compared to other emerging regions, which, in turn, made these countries more vulnerable to the effects of the crisis....