From January 1992 to the first half of 1994 the death rate in Russia rose by over 30 per cent, a rise of a magnitude never before seen in an industrialized country without a war or famine. In 1993 alone the life expectancy of a Russian man fell from 62 to 59. This paper examines the nature and...

For Romania, as for all other ex-communist countries from Eastern Europe, the transition from the rigid centrally planned economic system to the free-market economy, fair competition based, was an amazing experience. From the academic standpoint, the economic reform was a huge research...

A bi-directional relationship between FDI and economic reforms in ten Central European countries is tested, along with the role of the EU in breaking a potential vicious circle of insecurity, little investment, slow reforms, low prospects of EU membership and hence high insecurity. Using panel...

This paper analyzes economic-social interaction in China in connection with the country’s change of economic system. I define an economic system in terms of a multidimensional vector of broad institutional characteristics, and I emphasize that important features of the social development are...

This paper aims to test empirically if certain frequently used measures of well-being, which are regarded as valuable properties of human life, are actually desired by people. In other words, it investigates whether the “expert judgments” in social science overlap with social consensus on...

This paper analyses the Balassa and Samuelson hypothesis in two groups of European countries: six New Member States (NMS) and six advanced EU-15 economies. It is found that the second stage of the hypothesis, which relates relative sector prices with the real exchange rate, does not hold...

After the collapse of the communist system in 1989, most Eastern European countries experienced a mortality and health crisis. However, this did not hit the traditionally most vulnerable groups - children, adolescents, women and the elderly - but male adults in the 20-59 age group. The Report...

This paper has the main target of clarifying the costs of a fiduciary monetary system, in the economic transition process. Also the advantages of such a financial system are studied, as based upon a non-nominative silver current and guarantor of development. This is also an attempting to settle...