scholarly journals Inflation targeting at the crossroads: Evidence from post-communist economies during the crisis

2014 ◽  
Vol 47 (2) ◽  
pp. 247-260 ◽  
Author(s):  
Marjan Petreski

The objective of this paper is to assess if inflation targeting post-communist economies performed better, in terms of output growth, during the crisis than their non-inflation targeting counterparts. The paper also puts the issue in the context of the preconditions of inflation targeters to adopt this regime. 26 post-communist economies of Central and Eastern Europe and the Commonwealth of Independent States are analyzed during the ongoing economic crisis. Results suggest that inflation targeters of those countries performed worse than non-inflation targeters. The growth decline in inflation targeters postcommunist economies has been estimated to be deeper by about four percentage points than that in non-inflation targeters. The study finds very limited role of the preconditions for growth decline. Only the lower amount of monetary financing of the budget may have contributed in inflation-targeting countries to have gone through the crisis better.

2011 ◽  
Vol 46 (1) ◽  
pp. 32-55 ◽  
Author(s):  
Michael Holmes ◽  
Simon Lightfoot

AbstractThis article looks at the role of the Party of European Socialists (PES) in its attempts to shape social democratic parties in Central and Eastern Europe (CEE) towards a West European norm. It discusses how existing views in the academic literature on the role of transnational parties are inadequate. We argue that the PES did not play a key role in encouraging the establishment and development of parties in the CEE states from the 2004 enlargement in the early stages of accession. We contend that the overall influence of party federations has been limited, and that these limitations were as much in evidence before enlargement took place as they were afterwards.


1998 ◽  
Vol 12 (2) ◽  
pp. 107-114
Author(s):  
John Churcher ◽  
Patricia Worgan

UK higher education, in partnership with UK industry, contributes positively to the training of managers and entrepreneurs from Central and Eastern Europe (CEE), the New Independent States and Russia. Since 1992, the University of Luton has delivered management training courses in CEE and the former Soviet Union (FSU), developing expertise to assist both UK companies and CEE/FSU managers to understand the different attitudes and experiences that will help to overcome potential partnership problems and encourage East-West industries to take full advantage of the increasing trading opportunities. This case study analyses the management training programmes, and details pre- and post-training insights.


2015 ◽  
Vol 31 (2) ◽  
pp. 109-117 ◽  
Author(s):  
Saskia Jünger ◽  
Jasper Klose ◽  
Sarah Brearley ◽  
Katalin Hegedus ◽  
Sheila Payne ◽  
...  

2021 ◽  
Vol 24 (3) ◽  
pp. 27-52
Author(s):  
Oleh Pasko ◽  
Inna Balla ◽  
Inna Levytska ◽  
Nataliia Semenyshena

The paper explores how companies from Central and Eastern Europe adopt assurance practices to provide accountability for sustainability. Drawing on modified coding rules from prior research, a conventional content analysis of 36 assurance statements companies from nine countries was conducted. The results imply differences in the content of reports, processes, and implementation of the standards. Exclusively large and multinational enterprises from the energy sectors domiciled in Poland and Hungary are a typical portrait of a company from the study’s sample, striving to issue and assure sustainability reporting. Of the nine countries represented in the study, sustainability assurance statements of companies from Poland, Hungary, and Romania tend to excel in terms of quality. The vast majority of assurance providers belong to the Big Four, who use ISAE3000 as opposed to AA1100AS. Yet, irrespective of the assurance provider type, stakeholders are neglected. It is argued that just transferring the experience of financial auditing to the field of sustainability, which, by and large, has taken place, is not an option. Authors state that following this route, we are heading in the wrong direction, and in technical terms, the wider proliferation of AA1100AS and its principles, with greater emphasis on reasonable assurance as opposed to the limited and enhanced role of stakeholders, are vital to get back on track. The paper contributes to the emerging literature on accountability standards and stresses the need to enhance sustainability-related assurance.


Sign in / Sign up

Export Citation Format

Share Document