Globalisierung und Internationalisierung der Wirtschaft, europäische Integration, Transformationsprozesse in und nach Mittel- und Osteuropa, neue Entwicklungen im Tertiär- und Quartärbereich, regionale Strukturveränderungen und die Zunahme von Konkurrenzen unter Standorten und Regionen...

The financing of the Romanian agriculture and rural space through the SAPARD program created the technical and financial premises necessary for the process of accession to the European structures. Thus, the funds developed through the SAPARD Agency have directly contributed to the economic and...

Local governments in New England rely on state aid to finance the provision of essential public services. Yet in response to the recent and ongoing fiscal crisis, state governments across the region have cut local aid deeply, often by the same percentage in each community. This across-the-board...

The purpose of this paper is to assess whether expenditure decentralization has contributed to weakening fiscal performance in Europe. Using a panel of EU15 countries for the period 1995-2011, we estimate three econometric models and ask the following questions: (1) does the form of spending...

This paper reviews the evolution of the Economic and Monetary Union from its inception in 1992 with the Treaty of Maastricht to the most recent reforms adopted in 2013 to respond to the eurocrisis. The paper describes the evolution of the four pillar of economic governance: the surveillance and...