This paper examines the two-way interaction between transport systems and several mega-trends that have been and are likely to continue to characterize the world. These trends include globalization, technological change, increased intergovernmental cooperation, the changing role of the public...

This paper aims to provide some insight into the changing potential of trade for the south-east European countries, including Turkey. The study presents a comprehensive analysis of changes in south-east European trade flows over the past ten years (1995-2004) and investigates the region’s...

A major policy goal of low-income countries is to promote the creation of competitive economic capacities in order to achieve sustained growth and raise the material well being of the population. Economic growth is, however, associated with increasing environmental pressures, and the question is...

The paper analyses the determinants of long-term economic performance of east European and CIS economies in two periods: 1960-1989 (the era of central planning) and 1990-2005 (the transition to the market economy system). Throughout the 1960s and 1970s economic growth in eastern Europe...

This paper provides a comparative analysis of macroeconomic trends in the transition economies over the 1992-2003 period. It also describes some differences between the transition economies and emerging markets more generally. Good governance and appropriate institutions are found to be...

This paper provides the (English translation) of the text of the Gunnar Myrdal Lecture presented at the U.N. Palais des Nations in 2005. The lecture provides a framework for attempting to determine the level and type of governance needed for a world that is increasingly globalized. It is argued...

This paper discusses the coming enlargement of the European Union and the economic consequences for both the EU member states, the new EU members and the economies that will border the new enlarged EU.

This paper argues that the challenges posed by resource dependence, which include an increased vulnerability to external shocks, the risk of Dutch disease and the risk of development specific institutional pathologies, can be overcome, or at least very substaintially mitigated, if accompanied by...

Migrant remittances are an increasingly important type of international financial flow for providing both additional resources for development as well as consumption expenditures for poverty alleviation. One geographical area where these flows are quite significant is in the CIS economies both...