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information technology and other factors associated with the new economy do not threaten the capacity of central banks to …
Persistent link: https://www.econbiz.de/10010325031
This paper documents the recent performance of European electronic purses. It presents data on 16 such schemes, and compares their penetration and usage rates. These rates are shown to differ substantially. A number of schemes are doing increasingly well and in all probability are here to stay....
Persistent link: https://www.econbiz.de/10011689915
policy of banks in Western Balkans. The research covered 104 banks, observing their dividend policy from 2017 to 2019. The … dividend payout ratio was measured by the dividend policy. A relatively small number of banks paid dividends during the … statistically significant positive impact on the dividend policy of observed banks. Concerning the participation of women on the …
Persistent link: https://www.econbiz.de/10014520612
In a modern economy, the payment system is a major component of the country's infrastructure system. Indeed, no country nowadays can afford to take its payment system for granted. Advances in information technology and changes in laws, institutions and regulations in some countries have...
Persistent link: https://www.econbiz.de/10011429672
Die Ankündigung des Social-Media-Giganten Facebook, eine neue »Weltwährung« mit dem Blockchain-basierten Zahlungssystem Libra einführen zu wollen, löste international kontroverse Diskussionen über Vor- und Nachteile von Kryptowährungen aus. Die Reaktionen reichten von Begeisterung über...
Persistent link: https://www.econbiz.de/10012140728
The Orient/East-Med Corridor, connecting central and southeastern Europe, provides important business potential for European rail freight. However, freight transport by rail faces a number of challenges in terms of quality, cost competitiveness, service features and political/societal acceptance...
Persistent link: https://www.econbiz.de/10012153749
This paper provides analysis of intra-industry trade determinants between Western Balkan countries and old European Union Member States. Overall intra-industry trade has been analysed, as well as its horizontal and vertical component, within bilateral trade framework. All components of...
Persistent link: https://www.econbiz.de/10011310249
The purpose of this study is to provide an overview of fiscal policies and PFM reforms in 7 countries in the Western Balkans and 12 countries in the CIS, including major macroeconomic and poverty trends, fiscal policy, the size and role of the public sector, public expenditure management and its...
Persistent link: https://www.econbiz.de/10010326567
The Western Balkans integration within the EU has started a legal process which is the rejection of former communist legal/political approaches and the transformation of former communist institutions. Indeed, the EU agenda has brought vertical/horizontal integration and Europeanization of...
Persistent link: https://www.econbiz.de/10010333090
This paper reviews institutional and structural challenges in countries preparing for EU membership, i.e. Albania, Bosnia and Herzegovina, Kosovo*, the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Turkey. Sound institutions and solid economic structures are not only the...
Persistent link: https://www.econbiz.de/10011661910