Among the recent or revisited assumptions in the literature, the “dependent capitalism”
hypothesis has met growing interest and relevance in the context of the 2008 economic and …

This paper traces the origins of the different monetary regimes adopted in Bulgaria and
Romania in 1996–97 and examines their performance during the EU accession. The …

It is widely observed and recognised that economic behaviour in the post-communist
countries changed after these countries joined the European Union. The insurance model of …

Our hypothesis is that both the transition phases and the diversity of trajectories of post-
communist countries are the result of a significant difference in actors' strategic behavior. If …

L'article retrace les principales tendances de l'État et de la dette publique dans les pays des
Balkans au cours de la période post-communiste (1990-2013). Deux groupes de pays sont …

1 In the past quarter of a century since the fall of Communism, not only the evolution of the
state and its functions, but also the ideas about the state/government's role, has gone …

This paper reveals key challenges to monetary and fiscal policy in the Eurozone and
Bulgaria. For the Eurozone they are primarily linked to: the active, stimulating fiscal and …

This study investigates budgetary positions and trends in sovereign debt levels in two
groups of EU Member States during the global financial and economic crisis. We argue that …

The aim of this paper is to empirically investigate the difference in inflation performances
between European countries that adopted a currency board arrangement (CBA) in the early …

This chapter presents the theory of DMR and its place in the institutional configuration of
dependent capitalism. The monetary regime is defined as “a set of formal rules of monetary …