The real economic effects of the considerably high appreciation in Central European Economies (CEE) are controversially disputed in the eve of the European Monetary Union (EMU) entry of several CEE economies. The Balassa-Samuelson-effect was made responsible for the expectation of higher...

This article argues that Central Europe is not just a cultural but also a legal phenomenon. This is made explicit if law is approached through the integral conception of law, defended here. Pursuant to this conception: law is an institutional normative order that is both highly dependent on the...