The extent to which there is a regular relationship between the current voting weights in Council of European Union member states and their populations is investigated. It is shown that a model of alpha- or weak proportionality has a high explanatory power, with certain restrictions. Further...

This study looks into the prospects for financing of private Small and Medium Enterprises (SME) in Bulgaria. The institutional development supportive to a successful governmental and private support to this segment of capital market are exemplified through German experience and Hungarian...

In this paper we study the distribution of power in the Council of the European Union (EU). The goal of this paper is to evaluate the voting power of the member states after the entry of Central and Eastern European Countries (CEEC). The analysis is based on the Shapley-Shubik power index of...

In the first part the original version of a demand-oriented model of a country in transition is briefly presented. It consists of a demand block, an income block and a monetary block. The second part is concerned about the innovations, made in this version. Most important is the attempt to...

Comparing Slovenia with selected smaller EU countries (Austria Ireland, Portugal and Greece) in two dimensions (in percentage difference around 1995, and in time distance) showed that for this selection of indicators Slovenia could be considered to belong broadly to the group of the less...

The paper investigates general properties of power indices, measuring the voting power in committees. Concepts of local and global monotonicity of power indices are introduced. Shapley-Shubik, Banzhaf-Coleman, and Holler-Packel indices are analyzed and it is proved that while Shapley-Shubik...

The paper describes Lithuanian monetary and exchange rate developments. Experiences of the other two Baltic states Estonia and Latvia have been analysed as well. New monetary and financial institutions introduced in all Baltic states faced several problems. One was how to maintain the...

The paper considers the 'embeddedness' of economic activities in the work of small-scale cross-border traders between the Central European 'buffer zone' countries of Poland, Czech Republic, Hungary and Slovakia and the countries further East. Shuttle trading has become a significant feature of...