This paper traces the origins of the different monetary regimes adopted in Bulgaria and Romania in 1996-97 and examines their performance during the EU accession. The findings indicate that the constraints of the currency board in Bulgaria shifted economic activity towards the private sector,...

The Himalayas are of great strategic importance for China and India but the remote region remains relatively underdeveloped. This paper conducts a comparative analysis of China's Tibet and India's Ladakh with the aim of identifying common and idiosyncratic factors relevant for local economic...