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Thanks to a level of growth in foreign investment, the gap is narrowing between Romania and other East European countries like the Czech Republic, Poland and Hungary, countries normally considered the preferred choice of foreign investors. In the last years, Romania has become a more appealing...
Persistent link: https://www.econbiz.de/10005835460
The objective of this article is to identify the nature of the relationship between the financial sphere and the productive sphere. First, disclosing the various theoretical and empirical studies on the so-called relationship, then highlighting the nature of the relationship between the two...
Persistent link: https://www.econbiz.de/10011171775
The three decades of armed struggle, the subsequent drought, and deliberate policies of neglect and mismanagement by the last two regimes in Eritrea made growth of the Eritrean economy practically impossible. After independence, the country achieved a steady growth for some years. However, due...
Persistent link: https://www.econbiz.de/10005789774
This paper investigates the role of information and communication technology (ICT) as a driver of improved productivity performance of Central and Eastern European (CEE) countries and Russia (CEER) relative to the EU-15 and the U.S. during the 1990s. The paper investigates how, and to what...
Persistent link: https://www.econbiz.de/10008869296
This paper measures the welfare implications of a depreciation of the US dollar against the euro using a dynamic equilibrium model. I calibrate a simple two country stochastic endowment economy with trade in goods and financial assets and exogenous variations in the exchange rate. The model...
Persistent link: https://www.econbiz.de/10005260133
This paper measures the welfare cost to consumers of the bloc of Central and Eastern European Countries (CEEC), plus Malta and Cyprus, of choosing a de- preciated conversion rate when joining the European Monetary Union. For this, I present and solve an appropriately calibrated small open...
Persistent link: https://www.econbiz.de/10005790003
Jevons composed his value theory of nonenties. These creatures are elusive. Subsequent formal refinements did not …
Persistent link: https://www.econbiz.de/10011260793
This article presents a model for budgetary allocation that was used by an international NGO for its aid program. The …
Persistent link: https://www.econbiz.de/10005260205
In this paper we propose an economic model for the optimum allocation of water within a given area with the following … for achieving improvements in water allocation from the former administrative-based rules to new flexible and tradable …
Persistent link: https://www.econbiz.de/10009650672
The National Budget has a key role as an instrument of funds allocation for different social priorities and resources … funds to the various social programs, priorities and allocation criteria used to provinces in the National Budget 2010 … more relevant with the new Universal Child Allocation for Social Protection program, as well as programs for education …
Persistent link: https://www.econbiz.de/10008526958