A profound transition process has affected the financial sectors & markets in Central & Eastern Europe over the past decade or more. This collection charts progress to date & discusses the implications of future EU membership, as well as the strategies pursued by the World Bank & International Monetary Fund.
A profound transition process has affected the financial sectors & markets in Central & Eastern Europe over the past decade or more. This collection c...
Russia's transition to a market economy has been tortuous to say the least. However, this book argues that the arguments and counter-arguments that pitch shock therapy against gradualism are wide of the mark and quite pointless. Indeed, the reasons for the warped outcomes can actually be traced back through the long sweep of Russian history. Decisions made in the distant past can fully influence policy- making in the present. Hedlund's thesis can, like this, be seen as influenced by the 'path dependency' theories of Paul David among others.
Russia's transition to a market economy has been tortuous to say the least. However, this book argues that the arguments and counter-arguments that pi...
The great financial crisis of 2008 and the ensuing global economic and financial turmoil have launched a search for "models" for recovery. The advocates of austerity present the Baltic States as countries that through discipline and sacrifice showed the way out of crisis. They have proposed the "Baltic model" of radical public sector cuts, wage reductions, labor market reforms and reductions in living standards for other troubled Eurozone countries to emulate. Yet, the reality of the Baltic "austerity fix" has been neither fully accepted by its peoples, nor is it fully a success. This book...
The great financial crisis of 2008 and the ensuing global economic and financial turmoil have launched a search for "models" for recovery. The advo...
This title appraises the turbulent development of the Spanish economy over the last fifty years and places current economic problems in their historical context. The author examines the economic, political and social problems inherited from the Franco era and their evolution into the present.
This title appraises the turbulent development of the Spanish economy over the last fifty years and places current economic problems in their historic...
The euro-crisis gave new stimulus to the debate on economic policy coordination. In economic literature, the need for coordination has long been denied, particularly because each policy-maker (fiscal, wages, monetary) should perform his policies independently from each other. However, the high and persistent degree of macroeconomic disparity within the EU and the absence of an optimum currency area justifies examining policy coordination. This book adopts an institutional view exploring what incentives for policy-makers result from coordination mechanism in the field of fiscal, monetary and...
The euro-crisis gave new stimulus to the debate on economic policy coordination. In economic literature, the need for coordination has long been denie...
The years since the global financial crisis have seen something of a renaissance in the manufacturing industry. The United States has launched its Advanced Manufacturing Partnership, and China owes much of its spectacular economic boom in the last decades to its being the 'world's factory'. Is there room for the EU in this landscape?
This timely new book explores Europe's role in this evolving environment. It argues that on the one hand, in terms of sheer numbers, the role of the manufacturing industry in the EU is on a par with other major global economies. However, the book also...
The years since the global financial crisis have seen something of a renaissance in the manufacturing industry. The United States has launched its ...
Does the European Union need closer fiscal integration, and in particular a stronger fiscal centre, to become more resilient to economic shocks? This book looks at the experience of 13 federal states to help inform the heated debate on this issue. It analyses in detail their practices in devolving responsibilities from the subnational to the central level, compares them to those of the European Union, and draws lessons for a possible future fiscal union in Europe.
More specifically, this book tries to answer three sets of questions: What is the role of centralized...
Does the European Union need closer fiscal integration, and in particular a stronger fiscal centre, to become more resilient to economic sh...
This book explores the key economic issues facing Southeastern Europe and Bosnia and Herzegovina, within the context of the serious challenges that the global economy has faced in recent years.
The book combines rigorous analysis of the issues faced by the region with a constructive approach to identifying solutions for a positive future trajectory. The book starts by exploring the economic challenges facing the world economy both before and during the global economic crisis. The second part of the volume focuses on south-eastern Europe, and especially on the Western Balkans,...
This book explores the key economic issues facing Southeastern Europe and Bosnia and Herzegovina, within the context of the serious challenges that...
The global financial crisis has provided an important opportunity to revisit debates about post-socialist transition and the relative success of different reform paths. Post-communist Central and Eastern Europe (CEECs) in particular show resilience in the wake of the international crisis with a diverse range of economic transformations."
Transformation and Crisis in Central and Eastern Europe" offers an in depth analysis of a diverse range of countries, including Poland, Hungary, Russia, Ukraine, Czech Republic and Slovakia. This volume assesses each country s institutional...
The global financial crisis has provided an important opportunity to revisit debates about post-socialist transition and the relative success of di...
Over a quarter of a century after the fall of the Berlin Wall and 10 years after their accession to the European Union (EU), Central and Eastern Europe Countries (CEECs) still show marked differences with the rest of Europe in the fields of labour, work and industrial relations. This book presents a detailed and original analysis of labour and social transformations in the CEECs.
By examining a wide range of countries in Central Europe, "Labour and Social Transformation in Central and Eastern Europe" offers a comprehensive and contrasting view of labour developments in Central and...
Over a quarter of a century after the fall of the Berlin Wall and 10 years after their accession to the European Union (EU), Central and Eastern Eu...
