This paper compares investments in innovation from the early days of the financial crisis up to mid 2009 using a survey covering more than 5,000 firms across twenty one European countries. Our interest is in how differences in labour market institutions and human capital affect a firm's...

This article presents the results of a survey of Bulgarian industrial organizations with respect to their clashes with the world financial and economic crisis's effects on local economy. The crisis manifestations under business environment specificity factors and important cultural aspects of...

One way of simultaneously increasing work-life balance while keeping costs down for both governments and companies is the use of flexible working-time arrangements (flexitime). Though flexitime plays an increasingly prominent role in occupational welfare not much is known about its provision,...

In this note I argue that the desirability of fiscal policy in response to the current crisis depends on whether one views the current crisis as a temporary deviation from a unique equilibrium or as a bad equilibrium out of multiple equilibria. The paper presents a simple Diamond (1982) type of...

This paper analyses the public finance performance and the dynamics of government expenditures on education and health in the Kyrgyz Republic in 2007-2010, when the country was hit by the global economic crisis and then by an internal political crisis in 2010. Despite these crisis conditions,...

The report analyzes the impact of the global financial crisis on public services delivery in education and healthcare. The analysis has been undertaken from the macro-perspective. Pre-crisis and crisis economic developments are outlined and fiscal accounts developments are presented. The...

This paper provides an overview of public expenditures on education and healthcare in Belarus, Georgia, Kyrgyzstan, Moldova, Russia, Ukraine and some other countries of the former Soviet Union before and during the global financial crisis. Before the crisis, the governments of these countries...

The paper deals with the impact of the global financial crisis on public service delivery - mainly education and healthcare - in Belarus. The pre-crisis period of 2003-2008 was the most prosperous in recent history. These trends resulted in a pretty good fiscal performance. Nevertheless, the...

This paper explores the effects that the global financial crisis of 2008 - 2010 had on the funding and performance of the healthcare and education sectors in the Russian Federation (RF). Both education and healthcare expenditures increased in terms of total general government (GG) spending...

This study reviews the impact of the global financial crisis on public service delivery in the Republic of Moldova1. It provides a background of the country's development in the period prior to the crisis (2000 to 2007/2008) and presents the factors which determined the country's fiscal...