Our research studies the economic background of recovery and catching‑up after the global financial and economic crisis, comparing the case study areas of Cluj‑Napoca in Romania and Pécs in Hungary. We use explorative statistical data analysis to describe the post‑crisis regional economic...

Our research studies the economic background of recovery and catching-up after the global financial and economic crisis, comparing the case study areas of Cluj-Napoca in Romania and Pécs in Hungary. We use explorative statistical data analysis to describe the post-crisis regional economic...

Highlights 1) The European Union growth agenda has become even more pressing because growth is needed to support public and private sector deleveraging, reduce the fragility of the banking sector, counter the falling behind of southern European countries and prove that Europe is still a...

This paper assesses the impact of the 2008-09 global financial and economic crisis on the medium-term growth prospects of the countries of central and eastern Europe, the Caucasus and Central Asia, which began an economic transition about two decades ago. We use cross-country growth regressions,...