The economic crisis of 2008, starting from the crisis in banking in the USA in 2008, affected economic and political development in varied ways around the world. This special issue covers the impact and policy responses in the former state socialist countries of central and eastern Europe and...

John. J. McCloy, President of the International Bank for Reconstruction and Development, discussed the U.S. announcement of the European Recovery Program (Marshall Plan). This ambitious plan must be economically successful. The inherent strengths of Europe give reasonable assurance of the...

Introduction (Paul Dobrescu) -- Part I. Envisaging Development in the Contemporary Society: Theory and Public Debates -- Why Do Some Countries Develop and Others Not? (Ian Goldin) -- Measuring the Hard-to-Measure in Development: Dimensions, Measurement Challenges, and Responses (Anne L....

The economic recovery in CESEE has strengthened further in recent months, resulting in a number of additional upgrades to our growth forecasts for 2021, to 5.4% on the regional average. This good performance has been built on two important foundation stones: the adaptation of the CESEE economies...