The aim of this paper is to explain Foreign Direct Investment of German enterprises. The theory of Foreign Direct Investment identifies a variety of location-specific, strategic, financial, as well as other motives which firms have in order to become multinationals. We apply the above...

This present article proposes to advance the general framework of the Economical and Social Cohesion Policy promoted by the EU. It presents the main instruments and outlines used to promote this policy. Analyzing the effects produced by Structural Funds, both positive and negative, on other...

The European Union uses large-scale fiscal transfers to national and regional levels to foster economic and social cohesion. This paper gives an ex-ante model-based analysis of the potential macro-economic impact of these fiscal transfers between member states as planned under the Cohesion...

Against the backdrop of the economic and financial crisis that has led to a reduction in international and especially European capital flows to Central and Eastern Europe and shed new light on the EU convergence process, it may be useful to recall the development of the cohesion policy, assess...

EU Structural Funds represent by far the main source of funding for innovation in general and for eservices in particular in the lagging regions of Europe classified into the “Convergence” objective. The paper explores the amount of resources dedicated to public e-Services and Information...

The establishment of the European Union marked the beginning of a new era, the EU Member States have in present many benefits in this regard: free market, effective trade, enhanced security, economic cohesion, sustainable development, protecting human rights, job creation etc. With all these...

EU structural funds are available to EU member states that have the need for additional investments in a balanced and sustainable economic and social development. Structural Funds are in function of EU Cohesion Policy, which aims at achieving economic and social cohesion as well as harmonious...

The present study examines the explanatory power of one value based performance measure (Economic Value Added) and three other traditional accounting measures (Earnings Per Share, Return On Investment, Return On Equity) in explaining stock market returns in the framework of Athens Stock Exchange...

We use the historical self-employment rate as an indicator of a regional culture of entrepreneurship and link this measure to economic growth in recent periods. The results indicate that German regions with a high level of entrepreneurship in the mid- 1920s have higher start-up rates about 80...

The objective of the paper is to identify subregions (NUTS 3) of the central part of Poland pretending to metropolitan areas, as well as to study their impact on the domestic migration flows. Their social and economic situations in 2008 were determined on the basis of the composite measure...