PlThis paper deals with the fuzzy clustering modelling of the EMU enlargement process and envisages to determine the relative positioning of the candidates to the Euro adoption. Methodology includes construction of the fuzzy algorithm and simulations using as input-data the values of the...

The literature on business cycle synchronization in Europe frequently presumes an alleged ‘core‒periphery’ pattern without providing empirical verification of the underlying cyclical (dis)similarities or the supposed but unobservable ‘European business cycle(s)’. To provide a...

In the US and Europe many clusters initiatives have recently been launched. National and regional governments have been defining and implementing clusters policies and programmes with the aim to identifying, launching and finally consolidating international competitive clusters in their...