The author starts from the assumption that Croatia will access the European Union. Following this assumption, he analyzes the possible scenarios of Croatian monetary strategy based on the achievements of the country's monetary policy, on the degree of acceptance of the convergence criteria and...

We investigate country heterogeneity in cross-country growth regressions. In contrast to the previous literature that focuses on low-income countries, this study also highlights growth determinants in high-income (OECD) countries. We introduce Iterative Bayesian Model Averaging (IBMA) to address...

On February 12, 2010, SUERF, the Oesterreichische Nationalbank and the Bankwissenschaftliche Gesellschaft continued their established tradition of jointly organised conferences. As evidenced also by the 115 conference participants, this year's subject of "Contagion and Spillovers – New...

This article addresses NAFTA's environment-related dispute settlement mechanisms and how these might serve as a prototype for other regional integration efforts. The article focuses on a few critical issues with respect to NAFTA's environment-related dispute mechanisms. These are: (1) whether...

This Essay considers one aspect of the regional integration phenomenon, examining it in the specific context of its present and potential impact on regimes for the protection of the environment. This Essay will consider whether the European Community model for protection of the environment may...

As the 2008 financial crisis spread globally, it became widely apparent that an essential ingredient to preventing future systemic crises was reform of the regulation of financial markets. Two ambitious initiatives for regulatory reform are the European Union's European System of Financial...

This article explores the main features of outward foreign direct investment and transnational corporations from Russia since 1991. The universe of Russian transnational corporations shows a great variety in its ownership structures, motivations and strategies to invest abroad. There are...

The restructuring the global economy is the main factor of which depend the future of sustainable development, major changes being needed in the human behavior, in the system of values and life style. In order to raise people's sensitivity regarding the importance of constructing ties between...

The current paper investigates the cross-national relevance of quantitative world systems theory for two dimensions of development (human development, income redistribution) on a global scale and on the level of the European regions and tries to confront the basic pro-globalist assumptions of...