Direct investment outflow from transition economies abroad is still modest compared to investment inflow towards transition economies. Global economy both creates preconditions for and also motivates the internatio¨nalization of banks. The main aim of the article is to study activities of...

As part of the classical university, the Faculty of Economics and Business Administration of the University of Tartu in Estonia has excellent opportunities for offering academic economic education. Despite the long-standing tradition of teaching economics, it has been necessary in the past 15...

CEE countries have passed the process of transition to market economy and eight of them, including Estonia, joined the European Union in 2004. Estonia has been very successful in the transition process, mainly owing to the currency board-based monetary system, which serves as a signal of...