Our research studies the economic background of recovery and catching‑up after the global financial and economic crisis, comparing the case study areas of Cluj‑Napoca in Romania and Pécs in Hungary. We use explorative statistical data analysis to describe the post‑crisis regional economic...

When the countries of Central and Eastern Europe entered the European Union, they were given the opportunity to become transformed into knowledgebased societies, with modern, innovation-oriented economies which build their strength and competitiveness on the development of native technical...

The economies of European countries have been undergoing constant turbulence for several years. This is the consequence of a range of factors, in particular: the 2007 crisis; violations of the convergence criteria and fiscal discipline; problems with the liquidity of international financial...

This study examines whether the CEECs' financial market development can explain the EU FDI in the CEECs during 1994-2012. The higher bank credit flows had a positive effect on the FDI in 2005-2012. This can be attributed to the major banking sector reforms undertaken before the CEECs' EU...

The subject of this paper is four Balkan countries (Albania, Serbia, Macedonia, and Montenegro) that are determined to join the European Union. More particularly, it looks at their work towards accomplishing the political, legal and economic requirements for the EU. Thus, the legislation with...

The article analyzes the beta‑convergence of the EU-10 countries and the EU-15 for 2004 and 2015 at four levels - the state, NUTS 1, NUTS 2 and NUTS 3. The strongest beta‑convergence is at the level of the EU-10 countries; however, the lower the level of the regional unit, the weaker the...

The objective of this paper is a presentation of results of an analysis of the Three Seas Initiative (TSI), whose participating countries (except Austria) treat it as a method of: a) reducing their dependence on crude oil and natural gas imports from Russia, thus increasing their energy...