Decentralization can be generally described as a process in which selected functions are assigned to sub-national units. The literature identifies number of positive consequences of decentralization which all lead to better satisfaction of citizens? needs for public services. Although...

It is a common belief that investment in transport infrastructure has a positive impact on a regional development. Theories suggest that interaction between infrastructure and regional development can be classified as: 1. theory which suggests that infrastructure follows regional development, 2....

Most transition economies have gone through severe changes in the labour market during the 1990s. Under the previous socialist regime, unemployment was virtually non-existent due to the pronounced job security, which was also accompanied by low labour mobility. Studies indicate that one of the...

Most transition economies have experienced a prolonged periods of high unemployment rates and decline of the growth rates at the beginning of transition process. However, after the initial decline in the economic activity, a period of stronger growth rates was recorded in most of the transition...