Since the beginning of transition, interregional disparities in the Central and Eastern European Countries (CEECs) have increased. Particularly, the differences between urban and rural areas have grown. This paper shows the development of these disparities and discusses, based on theoretical...

It goes without saying that maintaining connections with remote, secluded areas constitutes a valid reason for public authorities’ involvement. Such intervention is necessary due to fact, that small local communities would usually be unable to generate enough demand to commercially justify...

The opening up of Central and Eastern Europe has provided new investment opportunities for German investors. At the same time, importing capital from abroad can be an efficient mechanism towards increased factor accumulation for the accession states to the European Union. In this paper, we study...

The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet empirical evidence on the possible magnitudes is still scarce. This paper uses four different datasets to estimate the determinants of international asset holdings and trade...