This paper analyses the impact of the enlargement-related migration on labour markets, welfare systems, and growth and competitiveness. The 2004 and 2007 enlargements of the European Union were unprecedented in a number of economic and policy aspects. This essay provides a broad and in-depth...

This paper studies the global trade and financial market integration of the countries in Eastern Europe. The countries of Eastern Europe achieved two remarkable transitions in the short period of the last two decades: from plan to market and, then, in the run-up to and entry into the European...

This study analyses the various macroeconomic opportunities and challenges created by the foreign direct investment (FDI) inflows in the new member states. This essay focuses on the various macroeconomic opportunities and challenges created by the foreign direct investment (FDI) inflows in the...

This paper analyses the relation between transfers, migration and income levels. While European countries have been very generous by opening their frontiers to trade, investing in transition countries, and accepting as EU new members some of the latter, their migration policies were less...

This paper analyses the impact of the EU accession of Bulgaria and Romania. The fifth EU enlargement in 2004 and 2007 did not only extend the Single European Market. Since 2009, the euro zone encompasses 16 out of 27 EU member states. Additionally the Schengen area has been expanded to include...

This paper analyzes the effects of foreign direct investment on the sales growth rate of domestic companies in the Czech Republic. This paper analyzes the effects of foreign direct investment on the sales growth rate of domestic companies in the Czech Republic. Using firm-level panel data from...

This paper examines the relevance of financial market characteristics for explaining the catching-up process in Europe and Asia. Global financial integration has been associated with divergent patterns of real convergence and the current account in emerging markets. While countries in emerging...

This paper analyses whether EU enlargement contributed to economic growth and real convergence in the ten new member countries from Central and Eastern. In this paper, we aim to check whether the EU enlargement contributed to economic growth of ten new member countries from Central and Eastern...

The paper examines the implications of EMU for world macroeconomic and financial stability, distinguishing EMU effects from other global factors at work. It concludes that EMU is having on the whole stabilising effects on the world economy, particularly in neighbouring regions.

This paper analyses intra-industry trade in the new member States and its impact on the convergence process. The paper investigates the development of intra-industry trade (IIT) of the NMS with major partners between 2000-2007. IIT is separated into horizontal and vertical components on the...