The processes that will drive the next stage of the Czech transition are likely to be similar to those promoting real convergence in the EU cohesion countries. We draw on previous modelling research on the cohesion economies to construct and calibrate a small macrosectoral model of the Czech...

The processes that will drive the next stage of the Czech transition are likely to be similar to those promoting real convergence in the countries of the EU periphery. We draw on previous modeling research on these latter economies to construct and calibrate a small macrosectoral model of the...

About one third of total EU budgetary resources are spent on implementing cohesion policy. Therefore, it is understandable that the European Commission and especially donor states (acting for the taxpayers) need to be reassured that their contributions are spent wisely and are being used...