Albulescu, Claudiu Tiberiu - In: Czech Economic Review 5 (2011) 1, pp. 027-045
demonstrate that financial instability negatively influences these countries economic and financial integration. If instability is … measured by means of a financial instability index, we have used two classical indicators for the economic integration, namely … CEECs' integration into the EU, deepening the economic gaps between more and less developed EU members. …