Suchergebnisse

Cover Page -- Title Page -- Copyright Page -- Contents -- Boxes -- Figures -- Appendices -- Boxes -- Table -- Appendix -- Figures -- Tables -- Appendices -- Box -- Figures -- Tables -- Annex -- A. European Integration and Euro Adoption -- B. Advantages from Adopting the Euro -- 1. Euro Premium, 2001-13 -- C. Advantages from Preserving Monetary Policy Autonomy and Exchange Rate Flexibility -- 2. New Member States: Monetary Policy, 2003-07 -- 3. New Member States: Monetary Policy, 2008-14 -- D. The Impact of Euro Adoption on Macroeconomic Policy Frameworks -- E. Conclusions -- 1. The 2004 IMF Study, and New Evidence on its Main Findings -- 2. New Member States, Euro Adoption, and the Theory of Optimal Currency Areas -- 3. Economic and Price Convergence in Emerging Europe -- I. Estimating the Euro Premium -- II. The Index of Monetary Conditions -- III. Model-Based Inflation Variance Decomposition -- References -- Euro Adoption-Macroeconomic Benefits and Challenges -- A. Why Did Europe Need a Banking Union? -- B. Banking Union Modalities and What an Early "Opt-In" Entails -- C. Banking Union Opt-In: Pros and Cons for Non-Euro EU Countries -- 1. Benefits and Costs of Joining Banking Union for Non-Euro Area Countries -- D. Conclusions -- 1. Key Elements of the Euro Area Banking Union -- 2. The SSM Modalities -- 3. The SRM Modalities -- 4. Macroprudential Policy Space for BU members -- 5. Theoretical Considerations in Designing an Optiomal Banking Union -- 6. Cross-Country Differences in Policymakers Relative Preference for Promoting Domestic Banks -- I. Largeset Banks in NMS-6 and their Ultimate Owners -- References -- Opting into the Banking Union Before Euro Adoption -- A. Public Pension Systems in New Member States: The Broad Picture -- 1. Selected European Countries: Key Demographic Data -- 1. Pension Spending Projections

Contents: The internationalization process, Marin Alexandrov Marinov. Internationalization of National Economies: Economic restructuring and internationalization of Slovenia, Yoji Koyama; Internationalization through outward foreign direct investment: the case of Slovenia, Marjan Svetlicic and Andreja Trtnik; Internationalization of post-communist economy opportunities and threats: the case of Poland, Marian Gorynia; Internationalization of the Albanian economy through foreign investments: the Italian case, Donata Vianelli, Patrizia de Luca and Ronald Kajca. Internationalization of Economic Sectors: Internationalization of the Estonian economy: foreign direct investment and banking, Mart Sõrg, Mait Miljan and Hans Künka; The internationalization of grocery retailing in Poland after 1989, John A. Dawson and John S. Henley. Internationalization of Companies: Local expansion processes of Dutch firms in Central and Eastern Europe, Rian H.J. Drogendijk; Internationalization of interbrew in Eastern Europe: a case study, Marin Alexandrov Marinov and Svetla Trifonova Marinova; Subject index; Name index.

"The monograph attempts to consider what the heritage of Central and Eastern Europe. The strengthening of the research is particularly important nowadays in the era of globalization, on the one hand, and nationalism, on the other, and the war on the third hand. It can indicate ways to "face" the challenges Europe is currently facing. The research on the heritage issue aims to foster a greater understanding of the various mechanisms of today's social and political decision-making. This publication is the result of the work of a team of scholars whose research explores the subject of the heritage and who represent countries and cultures belonging to the region. This is, therefore, research done from within according to the Latin principle: Nihil novi nisi commune consensu ('Nothing new without the common consent'). The publication allows defining terms and shows the distinctive features of the culture and value system characteristic of Central and Eastern Europe. It deals with issues related to the commemoration of the region's heritage and the issue of what is excluded from the heritage, what is forgotten, and what is overlooked"--

Directory of institutes engaged in research related to peace and security; includes condensed versions of papers presented at a UNIDIR conference held in Zurich, Apr. 26-28, 1994. Directory includes staff, periodical publications, and research activities; covers institutes in Belarus, Hungary, Poland, Russia, and the Ukraine.

Diese Arbeit hat zum Ziel, marktunterstützende institutionelle Reformen im Transformationsprozess zu analysieren. Als Einstieg in die Thematik wird die Aufnahme mittel- und osteuropäischer Länder in die Europäische Union mit der zurückliegenden Süderweiterung der Europäischen Gemeinschaft verglichen. Die folgenden Kapitel befassen sich mit der Bedeutung weicher Budgetbeschränkungen in Transformationsökonomien. Zunächst werden anhand von Daten bulgarischer und rumänischer Unternehmen theoretische Erklärungsansätze für weiche Budgetbeschränkungen getestet. Im anschließenden Teil wird analysiert, ob Handelskredite einen Teil der normalen Geschäftspraxis darstellen oder ob Handelskredite starke Handelsverflechtungen zwischen Unternehmen unterstützen und damit die Wahrscheinlichkeit von weichen Budgetbeschränkungen erhöhen können. Im empirischen Teil werden Daten aus Ungarn und Rumänien verwendet, die aus Unternehmensbefragungen stammen. Im letzten Kapitel wird die Unternehmensebene verlassen und mit makroökonomischen Daten gearbeitet. Ziel ist es hier, den Einfluss institutioneller Reformen auf das Wirtschaftswachstum zu testen. ; Main objective of this work is to analyse market-supporting institutional reforms in the transition process. In the first part of the dissertation, the upcoming enlargement of the European Union towards the east is compared with the earlier southern enlargement. Research in the following chapters is devoted to the problem of soft budget constraints in transition countries. Firstly, theories on the causes of soft budget constraints are empirically tested. Therefore a panel data set consisting of company account data for Bulgarian and Romanian firms is used. Secondly, firm-level survey data from Hungary and Romania is used to test whether trade credits are just part of normal business practice or whether trade credits are representing a systematic phenomenon supporting soft budget constraints of firms in transition. Thirdly, macroeconomic data is utilised to illustrate the impact of implementing institutional change on economic performance.