Recently, financial crimes have increased exponentially in many regions of the world. Considering that these crimes are usually due to accounting fraud, more sensitive and effective approaches to accounting fraud and corruption have started developing. In this context, regulations have been put...

In this paper, we argue that the ECB's unconventional monetary policy announcements have generated significant spillover effects in Russia and Eastern Europe. The hypothesis is tested using OLS estimations of event-based regressions on monetary policy event dummies and seven financial variables...

European countries have the world’s most redistributive tax and transfer systems. While they have been well equipped to deal with vertical inequality - that is, fostering redistribution from the rich to the poor - less is known about their performance in dealing with horizontal inequality,...

Recent studies show that firms are playing an increasingly important role in shaping wage inequality in advanced economies. We contribute to this literature by analysing wage inequality patterns and their firm dimension in Central and Eastern European countries. We use large, linked...

In this paper, we argue that the ECB’s unconventional monetary policy announcements have generated significant spillover effects in Russia and Eastern Europe. The hypothesis is tested using OLS estimations of event-based regressions on monetary policy event dummies and seven financial...

In public and academic debates, the linkages between agricultural markets and nutrition across the world are vividly discussed. This paper contributes to the ongoing debate by analyzing the relationship between greater openness to trade and dietary diversity. It focuses on the post-communist...

In this paper we determine the industry 4.0 (I4.0) readiness of eight Central and Eastern European countries (CEECs): Bulgaria, the Czech Republic, Lithuania, Hungary, Poland, Romania, the Slovak Republic and Slovenia. We outline the nature of manufacturing in the region, describe three distinct...

The implementation of bio-economy, respectively the transition from a fossil fuel-based development to an economy that uses biological resources and innovation in biological sciences requires the formulation of new strategies and policies focused on comprehensive analyzes. The aim of this study...

What determines whether or not multinational firms transplant the mode of organisation to other countries? We embed the theory of knowledge hierarchies in an industry equilibrium model of monopolistic competition to examine how the economic environment may affect the decision of multinational...

In public and academic debates, the linkages between agricultural markets and nutrition across the world are vividly discussed. This paper contributes to the ongoing debate by analyzing the relationship between greater openness to trade and dietary diversity. It focuses on the post-communist...

This analysis is aimed at investigating the response of the CESEE economies, and especially of the Macedonian economy, to the changing global environment in the latest period, predominantly to the recent challenges coming from the global trade and financial landscape. It offers a historical...

Large and sudden economic and political changes, even if potentially positive, often entail enormous social and health costs. Such transitory costs are generally underestimated or neglected by incumbent governments. The mortality crisis experienced by the former communist countries of...

The United Kingdom's relationship with the European Community has been a rather strained and inconsistent one ever since the latter's initial conception and birth against the backdrop of the World War II. Nevertheless, starting out as risky political bet by former Prime Minister David Cameron,...

Foreign direct investment (FDI) has been the main driver of restructuring and modernisation in Central and Eastern Europe. This paper looks into FDI stocks and flows in a dynamic and cross-country perspective, comparing the key EAEU countries (Belarus, Kazakhstan and Russia) as well as DCFTA...

Die Arbeitsmärkte in den mittel- und osteuropäischen Mitgliedsländern der EU (EU-MOE-8) haben sich seit der globalen Wirtschaftskrise von 2008-2009 deutlich verbessert. Die Arbeitslosenraten gingen kontinuierlich zurück, in erster Linie aufgrund rückläufiger demographischer Entwicklungen...

Im Falle der Transformationsländer Mittel- und Osteuropas formierte sich 1989/90 parallel zu den wirtschaftspolitischen Empfehlungen der Neoklassik ein alternativer monetärkeynesianischer Ansatz in Form der Berliner Schule. Die Politikempfehlung der Berliner Schule lautete Währungsreform und...

European politics has provided clear signals: the next round in the process of EU enlargement with the accession of the Central and Eastern European countries (CEEC) will come. Since expectations concerning the costs and benefits of integration are varied, it is our aim to contribute to this...

European countries and the United States face a delicate set of challenges in dealing with Turkey. Most have long-standing relationships with Ankara and important interests at stake in the country’s future. Yet the arrangements that have historically anchored each of their strategically...

The study evaluates bank efficiency in the EU member states of Central and Eastern Europe (CEE) using stochastic frontier analysis (SFA). Relying on a comprehensive dataset covering the post-crisis period from 2010 to 2016, country-specific average profit and cost efficiencies are calculated....

The paper reviews and interprets capital structure theory in a stylized way and explains the conceptual issues, consequences, and implications for financial management. Firms face an uncertain world that does not co-operate with many of the assumptions of the theory. Specific attention is paid...

The goal of the current research is to review the competitiveness position of the Central Eastern European (CEE) countries of the EU in the last decade on the national (macro-), sectoral/industry (mezzo-) and companies (micro-) levels. For the purpose of the study the concept of international...

This article deals with the problem of a discrepancy between the recommendations of the theory of public finance, in its various trends, and decentralisation processes in practice. The analysis is both theoretical and empirical. The aim of the discussion is to present the theoretical findings...

The purpose of this article is to examine what affected the technical efficiency of banks in Central and Eastern European countries during the financial crisis. Firstly, this article analyzes the technical efficiency of banks in the selected countries in Central and Eastern Europe during the...