Estonia's accession to the EU in 2005 led to a period of above-potential growth, fostered by expansionary monetary conditions. The predominance of foreign-owned banks accelerated the process of financial integration. Financial flows, while massive, were mostly directed at the non-tradable...

In this paper we question the consensus of using a binary crisisdefinition for empirical crisis models. We believe that the most severeshortcomings of the crisis models today are in the crisis definition rather than the explanatory variables ...

The overall purpose of this Behavioural Study on the Transparency of Online Platforms is to understand the impact of enhanced transparency on consumer trust and behaviour in searching and selecting goods and services on online platforms in three specific areas: Area #1: The general criteria used...

The study analyses macroeconomic policy-making in the European Union and the role of the European Parliament in it. There are three parts to the study. The first is concerned with policy-making procedures. The second analyses the implementation of the Broad Economic Policy Guidelines (BEPGs) and...

This report was prepared for the Turkish-EU Enlargement Council of the European Round Table of Industrialists. Its aim is to assist an evaluation of the implications of potential Turkish membership of the European Union. The EU is to review a European Commission report on Turkeyu0092s progress...

The paper calls for an immediate start on the Polish national development plan for the period beyond 2006. The plan must be fundamentally different from the current National development plan for 2004-2006. First of all, it must cover a longer time span and focus on domestic development...

The study presents an overview of the economic and social developments in the region in recent years. It focuses on a comparative perspective, using Greece as a benchmark for the region. Section II focuses on the basic economic and social facts and trends. Section III examines the quality of...

The paper analyses the costs and benefits of Poland's membership in the European Union. It also analyses an alternative scenario, which assumes that Poland fails to join the European Union. The report presents two scenarios of the consequences (costs and benefits) of membership, taking into...

During the process of the European Union's enlargement to central and Eastern Europe, foreign direct investment (FDI) to these countries increased and will continue increasing after the enlargement. The effect of this investment was generally positive of the receiving countries, notably because...