Šiame straipsnyje autorius analizuoja per pastaruosius devynerius metus Čekijos įmonių pasiektus ekonominius efektyvumo rezultatus ir bando aiškintis pagrindinius faktorius, kurie nulemia kapitalo grąžos (pelningumo) rodiklius. Savo analizę autorius atlieka remdamasis iš esmės dviem...

The proposition that the Global Financial Crisis was inherently unpredictable is a recurrent theme amongst those charged with preventing such events. It is also a convenient untruth. A Netherlands academic did a rather better survey of the literature than Governor Stevens, to identify 12...

The level and composition of public expenditures and revenues both have implications for economic development, as shown by the ‘fiscal multiplier’ and the ‘quality of public finance’ literature. Public finance decisions also influence the distribution of income. Based on a review of the...

The sustainability of an unfunded pension system depends highly on demographic and labour market trends, i.e. how fertility, mortality, and employment rates change. In this paper we provide a brief summary of recent developments in these fi elds in Hungary and draw up a picture of the current...

Tanulmányunkban amellett érvelünk, hogy Kína felzárkóztatását elsősorban a geopolitika határozta és határozza meg, nem pedig gazdasági doktrínák. A jelenleg is zajló geopolitikai átmenet azt jelenti, hogy megszűnik a régi világrend, amelynek inherens része volt a háborús...

This paper examines the drivers and the size of the shadow economies of the Czech Republic, Hungary and Poland. It also investigates the tax losses associated with these shadow economic activities in all three countries. The Multiple Indicators and Multiple Causes (MIMIC) model is applied and...

The global financial and economic crisis of 2007 and 2008 entailed a sharp deterioration of fiscal positions worldwide; however, fiscal rules soon tightened up in different countries, and parallelly, budgetary discipline improved. A reconsideration of the fiscal policy was necessary as a sovereign...

The evolution of social/physical distancing narratives throughout the COVID19 pandemic has left the concept itself ambiguous and vague while cutting through the borderlines between private and public. In the case of Serbia, economy-driven policies have shifted the focus from isolation, solitude...

This article assesses progress in the economics-centred literature on populism along three key themes and develops a conceptual framework to better understand the phenomenon. On the demand side (t−1), economics research identifies the effect of an exogenous economic shock on a marginalised...

Corporate state agencies (CSAs) are government/state-owned enterprises (GOEs) that perform public tasks. The main objective of this article is to better understand the drivers of governments’ changing reliance on CSAs in performing public tasks. We pursue this ambition in a particular context:...