A pénzügyi egyensúly megbomlása, a költségvetési hiány és az eladósodás növekedése nem új jelenség a magyar gazdaság történetében. Tanulmányunk egy ilyen válság keletkezését, kezelését és következményeit igyekszik megérteni és leírni a képviselőházban zajló...

The financial underperformance of art as an investment is well documented. In contrast to studies conducted on peace-time periods, this paper shows that the art market in occupied France during WWII significantly outperformed all alternative investments (bonds, equities, as well as currencies...

This article try to analyze the question of sustainability of Serbian civil society organizations (CSOs) on the basis of a research carried out by CERFE about juridical and non-juridical obstacles for CSOs. As the study highlights, CSOs: still face difficulties in obtaining real recognition of...

During the Greek debt crisis after 2010, the German government insisted on harsh austerity measures. This led to a rapid cooling of relations between the Greek and German governments. We compile a new index of public acrimony between Germany and Greece based on newspaper reports and internet...

Can infrastructure investment win "hearts and minds"? We analyze a famous case in the early stages of dictatorship – the building of the motorway network in Nazi Germany. The Autobahn was one of the most important projects of the Hitler government. It was intended to reduce unemployment, and...

Social capital – a dense network of associations facilitating cooperation within a community – typically leads to positive political and economic outcomes, as demonstrated by a large literature following Putnam. A growing literature emphasizes the potentially "dark side" of social capital....

Many proponents of action research for democracy seem to presuppose that to anchor action research in democratic ideals is a sufficient base for action researchers to legitimate their democratic purposes and intentions. This article starts out from the presupposition that anchoring action...

This study uses prices for the German 3 percent imperial loan issued in several tranches since 1890 and still traded during World War I to measure capital market players’ real-time perceptions of the prospects for Germany as the war proceeded. Price data are gathered from the Amsterdam market...

This article aims at offering a first tentative approach to the strategies for economic development in the Basque country from early modern times to the beginnings of the 21st century, following the analytical framework suggested by Aranguren et al. (2012). The first section briefly discusses...

This paper studies the organization of the internal labour market of postal services in Spain from 1890 to 1935. The paper discusses the evolution of total employment in relation to postal traffic and average nominal and real wages. The paper then analyses the operation of the internal labour...