This paper reviews the strong pre-crisis economic growth in the new EU member states and assesses whether the growth model can continue to be successful after the crisis. The analysis shows that a new growth model for the region will be needed, ideally one that focuses on raising domestic...

We suppose that the dramatic decline in the European output is more than a cyclical diversion from the potential output. We performed a medium term quantitative analysis combining data based on the production function and growth accounting approach. Our results show that the erosion of the...

We suppose that the dramatic decline in the European output is more than a cyclical diversion from the potential output. We performed a medium term quantitative analysis combining data based on the production function and growth accounting approach. Our results show that the erosion of the...

As regards EU accession of Hungary one of the most important questions is how the adaptation of the Common Agricultural Policy (CAP) will affect the competitiveness of the Hungarian agriculture. Competitive effects of CAP can be revealed in several ways (quantitative, comparative analysis,...

Members of the European Union (in accordance with their international obligations) have committed themselves to sustainable development. The EU extends the (environmental, social and governance) sustainability criteria step by step to the already existing legal regulations and applies them...

Convergence and territorially balanced economic growth require faster economic growth in weaker regions. It is dif-ficult to decide what measures would strengthen the growth capacity of regions most. Following a brief review of growth the-ories and the growth and catch-up performance of the...

Az Európai Unió országai (nemzetközi kötelezettségeikkel is összhangban) elkötelezték magukat a fenntartható fejlődés mellett. A fenntarthatóság (környezeti, társadalmi, kormányzati) kritériumait az EU fokozatosan terjeszti ki a már meglévő jogszabályokra, és automatikusan...

This paper focuses on the basic element of the 2003 CAP reform process: on the single farm payment and its national implementation models. We examine possible economic impacts (production distorting effects, redistribution, restructuring, resource allocation and effects on land market) of the...

Our paper focuses on the question: how the measures of June 2003 agreement can help the EU to meet the new WTO commitments. As decoupling of direct payments and WTO classification of the new payments seem to be one of the most important questions from the point of view of WTO negotiations, our...

Our paper focuses on the key element of the 2003 CAP reform: on the single farm payment (SFP). The basic aim was to decouple direct payment from production decisions. Because of the widespread agricultural policy reforms (support producers with the least possible distortions) and of the on-going...