This paper seeks to analyse the state of rail and road transport infrastructure in the Southeast European Countries (SEECs). The paper is structured in four parts. Part one summarises theoretical findings and international empirical evidence on the theory of the ‘Big Push’, on the issues of...

Graph of the month Dependence of selected European countries on gas imports from Russia, 2012, in % (p. 1) Some lesser known facts about Ukraine’s foreign trade (by Peter Havlik; pp. 2-5) Opinion corner Russia and Ukraine – three questions, nine answers (by Vasily Astrov, Vladimir Gligorov...

Introduction of the euro implications for the statistics on transition countries (by Peter Havlik, p. 1) The euro enters into circulation impact on the transition economies (by Pawel Kowalewski, p. 5) Foreign currency holdings in the Central and Eastern European countries (by Helmut Stix, p. 10)...

It is argued in this paper that the lack of regional cooperation can be remedied by the speed up of the process of EU integration. That is reinforced by the considerations based on the theory of optimal currency areas. Though the current Stabilisation and Association process (SAP) may produce...

Conceptual and theoretical issues of foreign aid in post-conflict, transition region are discussed. Two examples are presented in an informal manner. The first is about the incoherence of aid for reconstruction and policies of transition. The second is about the role of expected institutional...

Based on the theoretical foundations as described in Bhagwati (1974), illegal trade can be defined to consist of faked invoicing on the one hand and smuggling on the other hand. While in the first case at least one of the trading partner countries has recorded a trade flow either as an export or...

Graph of the month Foreign trade of the automotive industry in the NMS-7 Sources of economic growth in CEE countries before and after the crisis domestic effects and the importance of spillovers from Germany (by Roman Römisch) German firms drive innovation in Europe and around the globe (by...

(Reprint from WIFO-Monatsberichte, Vol. 87, No. 5, May 2014) Zusammenfassung Wachstumsbeschleunigung dank Investitionswende in Mittel-, Ost- und Südosteuropa Das Wirtschaftswachstum wird sich in den mittel-, ost- und südosteuropäischen Ländern 2014 bis 2016 verstärken und durchschnittlich...