a neoclassical, Arrow-Debreu vision of the economy that underlies current shock therapy policy recommendations, and that … such policy advice has often had devastating effects on the transitional economies. As an alternative, we re …-examine transition and economic reform through the theories of the classical economists to suggest policy recommendations. …

existence theorem and the fundamental theorems of welfare economics. …

the situation in the Western Balkans with regards to the impact of the refugee crisis, focusing on the policy and security … analyzes the alternative migration routes and continues to explore some of the most important questions of the Western Balkans … policy responses of Serbia, Croatia and Macedonia to the refugee and migrant crisis, how their policies are affected by the …

prevailing, economy-wide endowment of human capital on the formation of human capital, a relaxation of migration policy pursued …. Because the prospect of migration raises the expected returns to higher education it also facilitates a "brain gain": a … current period. Thus we identify a new policy tool that could yield an improvement in the well-being of the population of a …