In the context of rapid credit growth, the present paper investigates the supply side of the Serbian credit market. We use an on-site survey of banks aiming to describe financial intermediation by scanning the interest rates and other lending terms in Serbia. Findings from the survey suggest...

Using a panel data set we investigate the specificities of the structure of monetary assets in transition economies. This analysis reveals the main factors standing behind the structure of deposits held with banks (demand or time deposits), as well as the determinants of the trade-off between...

This paper contributes to the understanding of poverty determinants in Russia. We analysed two methods of poverty measurement: the monetary one in absolute terms and the self-rated subjective measure. We compare these two approaches in order to understand the main differences between being poor...

Many investments in infrastructure are built on the belief that they will ineluctably lead to poverty reduction and income generation. This has entailed massive aid-financed projects in roads in developing countries. However, the lack of robust evaluations and a comprehensive theoretical...

This paper focuses on emerging labour patterns within the Socio-Ecological Transition (SET), with particular attention paid to the effects of urbanisation. Based on the European Labour Force Survey (ELFS), we mobilize micro-econometric approaches in order to understand three major employment...

The paper describes the main determinants of electricity intensity in twenty-nine transition economies. We provide an original analysis on the way the local power sector unreliability may affect the firm-level electricity intensity. The paper explains the different firm’s behaviour, within EU...