Critical political economists on the Left regard the 2008 Global Financial Crisis as a symptom of long-term structural issues threatening global capitalist reproduction. Building on that view, a number of studies have argued that global capitalism will collapse in the coming decades. The three...

Macro-regions are experiencing regional crises. Interestingly, macro-regions are also able to react in terms of policy responses. This article addresses economic governance against the backdrop of two macro-regional cooperation models, in the European Union and in ASEAN. Economic governance is...

The Global Financial Crisis of 2008 was the most severe since 1929. In the years that followed, a major debate on the future of global capitalism emerged. Within this debate a number of studies have argued that the crisis is a symptom of a deeper structural decline. This ‘capitalism is...

Focus of interest in this paper is the concept of competitiveness as measured by the originally developed index of business environment. Competitiveness is interpreted in the broader meaning of the term: it includes not only cost conditions, but also institutional and system conditions of...

The relationship between corruption and economic activity is a complex one. The purpose of this study is to examine the relationship in selected countries between level of corruption and economic activity, using data obtained from the Organization of Economic Cooperation and Development (OECD)...

Proposals for incorporating information on the quality of human, social, and environmental conditions in more authentic and comprehensive versions of the Gross National Product (GNP) or Gross Domestic Product (GDP) date back to the foundations of econometrics.Typically treated as external to...

The interaction between the exchange rate regime and macroeconomic stabilization in several transition economies during 1990-1996 was influenced by the persistence of high inflation rates and the initial disequilibrium between the highly undervalued nominal exchange rates in relation to their...

This paper constructs an indicator for the current level of international competitiveness of countries in transition. We find that Hungary is the most competitive country in the group while Turkmenistan is the least. Competitiveness measurement, in our view, is a way to use uniform criteria to...

Proposals for incorporating information on the quality of human, social, and environmental conditions in more authentic and comprehensive versions of the Gross National Product (GNP) or Gross Domestic Product (GDP) date back to the foundations of econometrics. Typically treated as external to...