This article addresses the question of how the institutions of the new EU member states match with the institution types previously worked out for the old member states, and whether they resemble any of the broadly accepted four models of capitalism (Anglo-Saxon, Nordic, Continental European and...

This paper addresses the question of how the institutions of the new EU Member States match with the institution types previously worked out for the old Member States, and whether they resemble any of the broadly accepted four models of capitalism (Anglo-Saxon, Nordic, Continental European and...

One of the fundamental goals of European integration is to provide opportunities to less-developed Member States for both convergence and the strengthening of the economic and social cohesion. Prior to the 2008 global financial crisis, the convergence process across the EU had spectacular...

Within the European Union cohesion member states were hit hardest by the global economic crisis. In this region, development relied more heavily on the influx of foreign capital compared to other emerging regions, which, in turn, made these countries more vulnerable to the effects of the crisis....