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This paper provides the quantitative estimate of the potential growth bonus for CIS countries, and in particular EU's Easter Neighbours, that can be a result of deeper institutional harmonisation with the EU. Econometric investigation involving instrumental variable, simultaneous equation and...
Persistent link: https://www.econbiz.de/10003848673
In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with that of higher-income economies since the start of monetary union. The significant real convergence performance of some of the most recent members contrasts with that of the...
Persistent link: https://www.econbiz.de/10011755500
In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with that of higher-income economies since the start of monetary union. The significant real convergence performance of some of the most recent members contrasts with that of the...
Persistent link: https://www.econbiz.de/10012941989
The article discusses the economic growth models in post-Communist countries of European Union and Eastern Partnership states. According to the combinatorial augmentation concept, there are new combinations for which the resources for old combinations are practically useless as they require the...
Persistent link: https://www.econbiz.de/10012910780
The paper analyze the economic models of the well-known Eurasianist doctrine of Russian imperial thinking and the Eurasian Economic Union (EAEU). In the modern era of globalization, an alliance of countries on the basis of the Eurasianist economic model is impossible to establish. The newly...
Persistent link: https://www.econbiz.de/10012961335
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...
Persistent link: https://www.econbiz.de/10014063813
This paper analyzes pension reforms in Europe and their determinants. As pension reforms are intrinsically difficult to define and pinpoint, we introduce an alternative measure of pension reforms by comparing long-term forecasts of pension expenditures for seventeen European countries. The...
Persistent link: https://www.econbiz.de/10003823895
This paper analyzes pension reforms in Europe and their determinants. As pension reforms are intrinsically difficult to define and pinpoint, we introduce an alternative measure of pension reforms by comparing long-term forecasts of pension expenditures for seventeen European countries. The...
Persistent link: https://www.econbiz.de/10003813619
This volume comprises several studies and papers published in the last decades. They have been selected and ranged so that to provide a minimum of coherence concerning the phases which Romania has crossed in her way to the advanced socio-economic system of European type: transition to the market...
Persistent link: https://www.econbiz.de/10010529088
This article aims to answer the question of whether a membership in the European Union contributed to an accelerated economic growth of eleven Central and Eastern European (CEE or EU11) countries, including their real convergence to the economic development level of Western Europe (EU15). The...
Persistent link: https://www.econbiz.de/10012259712