This paper analyses real income convergence in central, eastern and south-eastern Europe (CESEE) to the most advanced EU economies between 2000 and 2016. The relevance of this topic stems both from the far-reaching implications of real income convergence for economic welfare and the importance...

This book is about transformation in the framework of European integration. Specifically, the path of the Balkans to European integration is outlined, although the track is admittedly uncertain. The Balkan countries have acquired particular importance since the 1990s due to their domestic...

Since the late 1990s financial strategies for opening Eastern European markets and entry strategies of foreign banks in most CESEE countries included triggers for strong credit growth, especially in the private sector. What are the transition results on the macro level? Does this credit growth...