This paper focuses on Belarus in order to find explanation as to why could Lukashenko remain the authoritarian leader of Belarus, while in Ukraine the position of the political elite had proved less stable and collapsed in 2004. We seek to determine whether the internal factors (macroeconomic...

Az értekezés alapvető célja a volt szocialista országokban kialakuló kapitalista modellváltozatok jellemző vonásainak megfogalmazása a tőke- és munkaerőpiaci szereplők intézményformáló viselkedésén keresztül. A piacgazdasági változatok elemzésével foglalkozó irodalomban...

An increasing attention has been paid since the millennium to companies who have loan demand but are afraid of refusal. The self-rationing of loan demand is also affected by the coronavirus pandemic according to the economic literature, however, there are only a few empirical studies regarding...

Researches focusing on the effects caused by growing sovereign debt of developed countries on economic growth gained new momentum in the past few years. One half of the empirical studies concludes that the rising debt slows down the pace of economic growth, while the other half of the analyses...

In analyses of the global money and capital markets, economic discourse is mostly focussed on the movement and flow of capital, giving less emphasis to its role in influencing the formation of institutional frameworks as well as national and interna-tional rules, particularly in terms of the...