In this paper we introduce capital transport cost in an unidimensional unbounded economy described by a spatial Solow model with capital-induced labor migration. Proceeding with a linear stability analysis of its spatially homogeneous equilibrium solution, we show that exists a critical value...

Studies show that – compared to Western European Economies – women played a major role in the labour force of Eastern European Countries before the transformation process started. The question that arises is whether the position of female workers has changed throughout the...

In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation targeting). The task of our study is to compare...

The present analysis has been inspired by the book entitled The Quality Assurance in Higher Education in the Central and East-European Countries – Agenda Ahead, edited by Jan KOHOUTEK, UNESCO-CEPES, Studies on Higher Education, Bucharest, 2009, presenting the outcome of the Research Plan...

Abstract: This paper looks at the links between cultural variables, knowledge indices and entrepreneurship in Arab countries. It uses the Hofstede’s cultural dimensions and World Bank data to show how these variables are connected. The outputs from Arab countries are also compared to those...

This paper examines stock market reaction to cross-border acquisition announcements that involve Eastern European emerging-market targets. Using a unique and a manually collected dataset, we identify 125 cross-border acquisitions in which developed-market firms from France, Germany, Netherlands,...

The aim of the paper is to provide an alternative explanation of current flows of FDI to the various Eastern European Countries. The aim is to enrich the current literature on economics of transition with a different perspective. Thus, the author argues that the current situation is a reflection...

From 1990 onwards, Eastern European countries have had as a primary economic goal the convergence with the traditionally capitalist states in Western Europe. The usage of various exchange rate regimes to accomplish the convergence of inflation and interest rates, in order to create a fully...

Innovation plays a crucial role in determining today’s economic growth patterns. But what enables some countries to innovate more than others? This paper employs in premiere a panel of sixteen Eastern European countries throughout their transition period exploring empirically the drivers of...

Post-communist Europe provides a rich context to examine the role of governmental policies in entrepreneurial activity. While transitional economies shared similar experiences during their journey to a market economy, one is able to see differences in their approaches. This qualitative study...