This paper considers whether political business cycles existed in East European accession
countries during the period 1990-9. Based on the Mundell-Fleming model expanded in …

This study proposes a sequence of monetary convergence to the eurozone, based on
autonomous monetary policy rather than on an early application of the euro-peg. The …

This paper extends the work of Kaminsky and Schmukler (2003) to the Baltic and Central
Eastern European new Member States of the European Union, to test if the same short-run …

This paper extends the work of Kaminsky and Schmukler (2003) to the Baltic and Central
Eastern European future Member States of the European Union, to test if the same short-run …

Financial and capital liberalization can play a fundamental role in increasing growth and
welfare. Typically, emerging or developing economies seek foreign savings to solve the inter …

The chapter reviews regional disparities in Bulgaria and Switzerland in relation to migration
attitudes of Bulgarian citizens. Applying a taxonomy method that produces an integral score …

Abstract Building on Vinhas de Souza (and Vinhas de Souza and Tudela), this chapter
briefly describes the historical process of financial liberalization and integration of Baltic and …

6. Conclusions This underlying assumption of this study was to a degree supported by a
series of probit estimations:“institutions” can substantially reduce the occurrence of debt …

The objective of this chapter is to provide a brief overview of the theory of optimum currency
by focusing on the concept of Optimum Currency Area (OCA) and the main optimality criteria …

This article examines the effect of party composition of government on the centralization of
budgeting institutions in Hungary, Poland, the Czech Republic and Bulgaria in 1989-1999 …