Seit fünf Jahren werden Griechenland, Irland, Portugal, Spanien und Zypern durch Hilfsprogramme des Euro-Rettungsschirms unterstützt. Nun ist es an der Zeit, um Bilanz zu ziehen und aufzuzeigen, ob der Rettungsschirm (vor allem in seiner permanenten Form) sinnvoll konzipiert ist und ob die...

Land and urban management techniques in geopolitical conflict zones are globally associated with significant challenges, in which the built environment and their associated lands usually suffer from lack of essential elements, including, but not limited to, ownership status, accessibilities,...

Land and urban management techniques in geopolitical conflict zones are globally associated with significant challenges, in which the built environment and their associated lands usually suffer from lack of essential elements, including, but not limited to, ownership status, accessibilities,...

Policy changes in North Cyprus represent the first phase of integration of the labour markets of North and South Cyprus. Employment of construction workers from the North by South Cyprus has reduced the supply of workers in North Cyprus, while increasing individual incomes. To study the effects...

Mostly referred to as ¡°crossroads¡±, ¡°stepping stone¡± or an ¡°outpost¡±, the island of Cyprus is characterized by some sui generis features that differentiate it from most of other insular settings in the Mediterranean. The most interesting of these features is the fact that this...

This paper argues that an interest group’s networking skills in micro-states may be as important, if not more important than other variables discussed in the interest group influence literature. This argument is based on the recent literature on democratisation in micro-states which shows that...

This paper reviews developments in the Cypriot economy following the introduction of the euro on 1 January 2008 and leading to the economic collapse of the island five years later. The main cause of the collapse is identi?ed with the election of a communist government in February 2008, within...

The current crisis has highlighted the importance of increasing productivity for the economy to become more competitive and thereby increase its growth prospects. In this paper, we analyse the productivity path of Cyprus using various indices and compare these with the average performance in the...

The Cyprus public pension scheme is widely known and commented upon. Less well known is the system of supplementary retirement provision in Cyprus. Since the second world war, however, a relative complex system was built up on the basis of provident funds and occupational pension schemes. As...

This paper reviews developments in the Cypriot economy following the introduction of the euro on 1 January 2008 and leading to the economic collapse of the island five years later. The main cause of the collapse is identified with the election of a communist government in February 2008, within...

Nowadays, Cyprus has engaged in an effort of reforming its tax-benefit system so as to adapt to the economic and social challenges of the post-crisis era. Among the most important social reforms is the introduction of a Guaranteed Minimum Income scheme (GMI). In this paper, we construct a number...

This paper focuses on Cyprus’ Fourth Review Under the Extended Arrangement Under the Extended Fund Facility (EFF) and Request for Modification of Performance Criteria. The program remains on track. Fiscal targets for the first quarter were met with considerable margins, domestic payment...

KEY ISSUES Background: The large imbalances that accumulated prior to the global financial crisis culminated in a collapse of the banking sector in early 2013. In response, the authorities took unprecedented measures and adopted an economic adjustment program, supported by official financing,...

Cyprus’s Third Review Under the Extended Arrangement Under the Extended Fund Facility focuses on strong ownership and implementation of its program. Despite the difficult environment in which the authorities operate, the political commitment remains strong while every effort is being made...

This article investigates the role of the EU in conflict resolution, taking Cyprus as a case of an 'internalised' conflict, whereby a side of the dispute has become a member state (Greek-Cypriots), while the rest of actors (Turkey, Turkish Cypriots) remain outside but are still developing...

This study examines the role of the Internet in the financial reporting practices of publicly traded Greek and Cypriot construction companies. Its key contribution is the development of a relevant index that is assessed against key business characteristics: profitability, leverage, audit firm...

Nowadays, Cyprus has engaged in an effort of reforming its tax-benefit system so as to adapt to the economic and social challenges of the post-crisis era. Among the most important social reforms is the introduction of a Guaranteed Minimum Income scheme (GMI). In this paper, we construct a number...

This paper reviews developments in the Cypriot economy following the introduction of the euro on 1 January 2008 and leading to the economic collapse of the island five years later. The main cause of the collapse is identi?ed with the election of a communist government in February 2008, within...