An important body of literature explores the political economy reasons underlying delays in macroeconomic stabilization. This paper develops a framework to analyze conflict between two groups of economic actors, one that has an endowment of internationally tradable goods and another that is...

This analysis is aimed at investigating the response of the CESEE economies, and especially of the Macedonian economy, to the changing global environment in the latest period, predominantly to the recent challenges coming from the global trade and financial landscape. It offers a historical...

Der Westbalkan solle "so schnell wie möglich" in die EU, erklärte der Bundeskanzler auf dem Gipfel des Berliner Prozesses Anfang November 2022. Der Berliner Prozess besteht aus einer Reihe von Veranstaltungen und Treffen, die seit 2014 jährlich zwischen einzelnen EU-Mitgliedstaaten und den...

Der Westbalkan solle "so schnell wie möglich" in die EU, erklärte der Bundeskanzler auf dem Gipfel des Berliner Prozesses Anfang November 2022. Der Berliner Prozess besteht aus einer Reihe von Veranstaltungen und Treffen, die seit 2014 jährlich zwi­schen einzelnen EU-Mitgliedstaaten und den...

This report provides new projections, to 2026, of remote work rates and the accompanying macroeconomic implications for the EU27, Switzerland, Iceland, Norway, Republic of North Macedonia, Turkey and the UK. Remote work covers a range of practices but few are straightforward to quantify...

The aim of this paper is to analyze the level of development of the insurance market in the two Western Balkan countries that have asymmetrical developmental, economic, social, security and insurance markets levels. This asymmetry of development and the insurance market is of interest to be...

This paper uses a sectoral version of conventional Imperfect substitutes model to motivate a parsimonious estimation of trade elasticities. The elasticities we compute depend directly on the specialization of trade across sectors, which is believed to add econometric precision to our estimates....

Among scholars, there is an interest in understanding how entrepreneurial behavior is influenced by the consequences of crises. The COVID-19 pandemic may negatively or positively affect individuals' behavior, including entrepreneurial intention. Thus, this paper seeks to study whether or not the...