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The EU's post-Communist countries as well as the EU in general are participating in the implementation of the Lisbon Strategy which aims to create an economy of knowledge. The usage of catching up is extremely important in achieving this strategy's goals. Unfortunately, the EU's post-Communist...
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The paper is analysing the process of economic convergence of transition countries during the period 1995-2004. Within … the analysed period unconditional B-convergence across the transition economies existed. We could also discover the … reduction of dispersion of income levels between accession countries (sigma-convergence). Comparative analyses of the new EU …
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The European post-communist countries that have integrated into the European Union are emerging market economies. However, their short-run economic performance does not correspond to the observed business cycles of other global emerging markets. The business cycles of the studied countries are...
Persistent link: https://www.econbiz.de/10011760458
EU, spurred major reform waves and led to the very rapid introduction of best-practice institutions. Although social …-practice institutions with social norms that were not sufficiently strong to maintain them. As a result, wide-spread reform reversals … emerged in the region. Such reform reversals appeared as formal reversals, which changed legislation (or formal rules), and …
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