In Romania, a combination of population decline, slow job creation and early retirement resulted in employment decreasing significantly in the 1990s, although the employment rate has stayed above average levels in the New Member States. Industrial restructuring and land restitution have induced...

The Syrian economy is confronted with an increasing pressure coming from the supply side of the labour market, generated by the accumulated surplus in the public sector, the unemployed persons looking for a job, the new entrants on the labour market, respectively the expected increase of the...

The paper discusses the main principles of gradual implementation of the MTEF through the iterative adoption of the Medium-Term Fiscal Framework, followed by the implementation of the Medium-Term Budgetary Framework, and completed by the adoption of the Medium-Term Performance Framework. A...

The economic crisis was initially supposed to affect only developed countries, but the financial troubles spread over the real economy and the crisis became a global phenomenon. After almost two years of difficulties, several lessons could be drawn from this episode: why the crisis was...

In many developing and emerging countries, the alarm signals sent by specialists regarding the effects of the global crisis were not taken seriously because these economies were not financially integrated with the world system and consequently, they would not be contaminated. The same confidence...

The emerging economic and financial globalization in recent years has been much more rapid that our understanding of all ingredients associated with this phenomenon of globalization. As a result, the impact that the current crisis may have on the global economy is still uncertain, since an...

Industry - and firm-level research into both innovations and productivity has long been limited to manufacturing. With this paper, we aim to contribute to the stream of literature that aims at extending the scope of such investigations to the services industry. To this end we analyze the...

The introduction of Moldovan leu has been accompanied by a monetary stabilization policy that until 1998 proved to be one of the most successful among FSU countries. The leu showed a remarkable stability and the rate of inflation was brought down to around 10% in 1997. However, fiscal policy was...

The European Commission awarded a contract in November 2005 to a consortium composed of the TARKI Social Research Institute (Hungary), CASE, Center for Social and Economic Research (Poland) and CEPS to analyse the socio-economic developments and the process of structural reforms in what were...