scholarly journals Reaching the Objectives of Sustainable Development on the Basis of the Creative Industries – A South and Eastern European Analysis

2016 ◽  
Vol 63 (1) ◽  
pp. 109-116 ◽  
Author(s):  
Costică Mihai ◽  
Mioara Borza ◽  
Mihai Talmaciu
Keyword(s):  
Sustainable Development ◽  
Developed Countries ◽  
Individual Characteristics ◽  
Creative Industries ◽  
Eastern European ◽  
East European ◽  
Healthy Development ◽  
Eastern European Countries ◽  
The Developed Countries ◽  
High Level

The reduction of the development gap of South and East European economy compared with the rest of the developed countries represent an important condition to achieve the goal of „healthy development“ of European Union. High level of competitiveness in West European industries as well as new policy of sustainable development causes a rethinking of strategy of individual countries. Creative industries may contribute to the efficient utilization of local resources and individual characteristics. Using the culture like an “engine” of regional development, in South and Eastern Europe, countries can generate many positive and lasting effects on these economies. This article presents the role and evolution of creative goods and industries in South and Eastern European countries, and aims to prefigure their impact on sustainable development of these regions. The involvement of these goods in international trade may improve or rehabilitate the position of different economies at European level.

scholarly journals Mean Reversion and Momentum in Central and Eastern European Countries – A Case Study on Poland and Romania

2018 ◽  
Vol 11 (1) ◽  
pp. 129
Author(s):  
Alina F. Klein ◽  
Rudolf F. Klein
Keyword(s):  
Stock Prices ◽  
Mean Reversion ◽  
Developed Countries ◽  
European Countries ◽  
Eastern European ◽  
Momentum Effect ◽  
Chinese Market ◽  
Developed Markets ◽  
Eastern European Countries ◽  
The Developed Countries

There is considerable evidence showing that both mean reversion and momentum exist in stock prices, especially in financially-developed countries. We analyze these phenomena for two Central and Eastern European countries with very different transitions from centrally-planned to market economies: Poland and Romania. Although Poland’s stock market cannot be considered well-developed, its capitalization increased from 3 percent of GDP in 1995 to about 30 percent in 2017, while Romania’s stayed under 6 percent of GDP in the 1990s and early 2000s, and only recently has increased to about 21 percent. Examining how mean reversion and momentum affect stock prices, we find very similar results for the two countries. The speed at which stocks converge back to their fundamentals (i.e., mean reversion) is much faster than that of the developed markets, with half-lives of just over 9 months for both countries (similar to the results obtained in the literature for the Chinese market, but much shorter than the 3-4 years for  the well-developed markets). We also find that the momentum effect lasts less than in the developed countries. Therefore, in most cases, strategies combining mean reversion and momentum generate abnormal excess returns only for holding periods of less than 12 months.

scholarly journals History of sports medicine in east European countries

2015 ◽  
Vol 68 (1-2) ◽  
pp. 59-65
Author(s):  
Biljana Lazovic ◽  
Sanja Mazic ◽  
Marina Djelic ◽  
Jelena Suzic-Lazic ◽  
Radmila Sparic ◽  
...  
Keyword(s):  
Sports Medicine ◽  
Medical Knowledge ◽  
European Countries ◽  
Historical Background ◽  
Eastern European ◽  
Cultural Changes ◽  
East European ◽  
Psychological Pressure ◽  
History Of ◽  
Eastern European Countries

The purpose of this article is to provide a historical background of medicine, science and sports with the focus on the development of modern sports medicine in European countries, with an accent on Eastern European countries that have a long sports medicine tradition. The development of modern sports medicine began at the end of 19th and the beginning of 20th century, and it has been associated with social and cultural changes in the world of medicine, science and sports. Advanced medical knowledge, skills and practices, and the progress of scientific achievements enabled sports people to improve their performance level. Increased popularisation and commercialisation of sports have resulted from urbanization and city lifestyle, leading to the lack of physical activity and increased psychological pressure. In addition, the growing need and interest in sports and successes in professional sports have become a symbol of international recognition and prestige for the nations.

scholarly journals Inclusive Growth in CEE Countries as a Determinant of Sustainable Development

2018 ◽  
Vol 10 (11) ◽  
pp. 3973 ◽  
Author(s):  
Ewa Cichowicz ◽  
Ewa Rollnik-Sadowska
Keyword(s):  
Sustainable Development ◽  
Multivariate Analysis ◽  
Czech Republic ◽  
Transition Economies ◽  
Eastern European ◽  
Inclusive Growth ◽  
Development Research ◽  
The Czech Republic ◽  
Components Analysis ◽  
Eastern European Countries

Pursuant to the concept of inclusive growth, the authors analyze the transition economies of Central and Eastern European countries, which have become EU members (Bulgaria, Croatia, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Romania, Slovakia, and Slovenia). CEE countries characterized by comparable historic and economic backgrounds now seem to reach diversified stages of development. The objective of the study is to identify the level of inclusive growth among CEE countries by taking into account indicators assigned to its seven pillars. The article’s thesis is that CEE countries represent social and economic heterogeneity as well as varied levels of sustainable development. Research methods included the application of the principal components analysis and the multivariate analysis. For a literature review, the bibliometric analysis was conducted with the visualization prepared by the VOSviewer software. The main findings suggest that Estonia, Slovenia, and the Czech Republic seem to exhibit the highest level of inclusive growth while Bulgaria and Romania represent the lowest level of indicators measured.

scholarly journals Ukraine’s experience and prospects of cross-border cooperation: Legal and economic parameters in the light of sustainable development

2021 ◽  
Vol 18 (2) ◽  
pp. 44-53
Author(s):  
Volodymyr Ustymenko ◽  
Alevtyna Sanchenko
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
European Countries ◽  
Eastern European ◽  
Association Agreement ◽  
Cross Border ◽  
Eastern European Countries ◽  
Bilateral Treaties ◽  
Cross Border Cooperation ◽  
The Eu

The article provides a general overview of the course of forming Ukraine’s legal and policy basis for cross-border cooperation in connection with economic development. Specific attention is given to its cross-border cooperation with the neighbouring Eastern European countries in the frameworks of bilateral treaties, the Madrid Outline Convention and the EUUkraine Association Agreement. Their cooperation within four Euroregions, supported by the EU European Neighbourhood Instrument, is observed. The complex of cross-border cooperation advantages, shortcomings of their realisation and the current prospects for cross-border cooperation advancement in the light of sustainable development are characterised.

scholarly journals Urban Sprawl and its Effects on Environment and Farmland a Timisoara Case Study

2014 ◽  
Vol 71 (1) ◽  
pp. 18-25
Author(s):  
Smaranda BICA ◽  
Diana BELCI
Keyword(s):  
Urban Sprawl ◽  
Agricultural Land ◽  
Growth Management ◽  
Developed Countries ◽  
East European ◽  
Development Policies ◽  
The Developed Countries ◽  
American Cities

Urban sprawl has been plaguing Western European and American cities for the last 70 years. One has fought against this phenomenon all over the world with a combination of strategic planning and urban regulations, focusing on growth management, sustainable development and preservation of farmland. East European cities, Romanian cities included, have been rapaciously consuming the free natural and agricultural land around them, without long-term development policies. The aim of this paper is analyzing urban sprawl around Timișoara and finding efficient ways of economizing urban and rural land. The article is based on several urban studies, statistical and traffic data showing the magnitude of the phenomenon and its dramatic effects on the environment.The European Union required to recent members to follow the path set by the developed countries, even if their economies have a system more or less centralized inherited from communism. It is still unclear who should be responsible for urban planning; the rules and regulations are made along the way, while the investors’ pressure is huge. Meanwhile extended rural and agricultural land might be destroyed. Most politicians do not acknowledge this problem as they approve further expansion into farmland without any previous planning. This paper might be just tackling this subject, but its target should be making urban sprawl more visible, understanding its dimension and dramatic effects around Romanian cities.

scholarly journals Social Priorities of Less Developed Countries Sustainable Housing (Case of Sudan)

2019 ◽  
Vol 3 (1) ◽  
pp. 27
Author(s):  
Ayman K. Abdelgadir ◽  
Omer A. Abu Elzein ◽  
Faris Hameed
Keyword(s):  
Sustainable Development ◽  
Social Sustainability ◽  
Developed Countries ◽  
Environmental Indicators ◽  
Housing Development ◽  
Development Projects ◽  
Less Developed Countries ◽  
Sustainable Housing ◽  
The Social ◽  
The Developed Countries

Sustainable development and sustainable housing indicators are a response to the trend of adopting sustainable development objectives, adopted by most countries, especially developed and less developed countries. It is difficult to implement indicators developed for a developing country context in other contexts with different social, economic and environmental conditions. Social sustainability is the most important priority regarding evaluating the housing development projects in the developed and less developed countries. Economic conditions is linked in many aspects to the social sustainability indicators. Environmental indicators are important, but the less developed countries in general has a very low environmental foot prints, this is because the industry sector is usually week comparing to the developed countries. This paper reviews the sustainable housing indicators, with a focus on United Nations reports and indicators developed for contexts similar to study area, without ignoring the most reputable indicators developed for developing countries context. The research came with a set of indicators reflects the social priorities of the new housing development in Sudan. A questionnaire participants decided the relative important of each indicator and also the importance of the parameters of each indicator. Developing a set of social priorities for Sudan will give extra efficiency in promoting and assessing sustainability in the study area. Description of the questionnaire results which reflects the national social sustainable housing development priorities are discussed. The researches came with a set of recommendations to enhance the social aspects for new housing development projects in Sudan. Using this set of priorities and recommendations will give extra efficiency in promoting and assessing sustainability in the study area.

scholarly journals Inclusive Growth of the CEE Countries as a Determinant of Sustainable Development

2018 ◽  
Author(s):  
Ewa Cichowicz ◽  
Ewa Rollnik-Sadowska
Keyword(s):  
Sustainable Development ◽  
Czech Republic ◽  
Transition Economies ◽  
Eastern European ◽  
Inclusive Growth ◽  
The Czech Republic ◽  
Economic Background ◽  
Components Analysis ◽  
Eastern European Countries ◽  
Different Levels

Referring to the concept of inclusive growth, the authors analyse the transition economies of the Central and Eastern European countries, which are the current EU members (Bulgaria, Croatia, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Romania, Slovakia and Slovenia). That region was selected as the CEE countries characterized by comparable historic and economic background but now they seem to reach diversified stages of development. The objective of the study is to identify the level of inclusive growth among the CEE countries, taking into account indicators assigned to its seven pillars. The thesis is that the CEE countries represent socio and economic heterogeneity as well as different levels of sustainable development. The research methods involved the application of the principal components analysis and the multivariate analysis. For literature review, the bibliometric analysis was conducted with the visualization prepared by the VOSviewer software. The main findings suggest that Estonia, Slovenia and the Czech Republic seem to be the ones with the highest inclusive growth. On the other hand, Bulgaria and Romania represent the lowest level of inclusive growth indicators.

scholarly journals "FINANCIAL EDUCATION IN EASTERN EUROPEAN COUNTRIES"

2020 ◽  
Vol 13(62) (2) ◽  
pp. 125-132
Author(s):  
Nicoleta Geanina Bostan
Keyword(s):  
Financial Literacy ◽  
Population Policy ◽  
Financial Education ◽  
European Countries ◽  
Eastern European ◽  
The European Union ◽  
Non Profit ◽  
East European ◽  
The Status ◽  
Eastern European Countries

"In the context of economic disparities among the countries of the European Union, the paper analyses the status of financial literacy for people living in East European countries, the way to increase financial knowledge through financial education and finally leading to a higher and more effective financial inclusion. Economic gaps are a major challenge for Eastern European countries. Their recovery can be done through efficient public policies harmonized with actions to increase the degree of financial education of the population. Policy makers, public institutions and non-profit organisation involved in financial education matters can benefit from this analysis and conclusion just as much as researchers. "

scholarly journals Does cultural heritage affect job satisfaction? The East-West divide

2015 ◽  
Vol 65 (2) ◽  
pp. 325-337
Author(s):  
Nikica Mojsoska-Blazevski ◽  
Marjan Petreski ◽  
Venera Krliu-Handjiski
Keyword(s):  
Job Satisfaction ◽  
Cultural Values ◽  
Western Europe ◽  
Considerable Effect ◽  
Group Differences ◽  
Eastern European ◽  
East European ◽  
Values And Beliefs ◽  
Slow Moving ◽  
Eastern European Countries

The objective of this paper is to examine the factors influencing workers’ job satisfaction aside from the conventional factors, in the light of basic cultural values and beliefs, and then to set this into a comparative perspective for three groups of countries: South-East European (SEE) countries, Central and Eastern European countries (CEE) and Western Europe. Cultural values are grouped into traditional vs. secular-rational values and survival vs. self-expression values. The main result of the study is that culture has a considerable effect on job satisfaction across all groups of countries under investigation. However, there are between-group differences in terms of the relative importance of specific cultural values for job satisfaction. We also find some evidence suggesting the persistency of cultures and slow-moving institutions.

Corporate Social Responsibility of Public Banking Sector for Sustainable Development

2019 ◽  
pp. 467-488
Author(s):  
Naglaa Fathy El Dessouky
Keyword(s):  
Sustainable Development ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Banking Sector ◽  
Developed Countries ◽  
The Sustainable Development ◽  
The Public ◽  
The Developed Countries ◽  
Corporate Social

Corporate Social Responsibility (CSR) has become a significant field of studies to stress the importance of the new role of organizations towards the society for sustainable development. Nowadays, an enormous number of authors have been participating in this field to highlight the responsibility of organizations towards the community, society and the natural environment where they are operating. Despite the growing number of researches related to CSR in the developed countries little empirical studies have been devoted to examine CSR concept and practice in the African countries, the MENA region (Middle-East and North Africa), as well as in the Golf countries. This chapter seeks to study CSR concept and practice in the emerging market economies (EMEs). It will mainly focus on the implementations of CSR by the public banking sector. We will investigate the role of the public banking sector existing in an Arab country in comparison to an Asian country to explain and analyze the similarities and differences of CSR activities in both experiences. In this comparative study we will primarily examine Banque Misr, as one of the oldest and largest public bank in Egypt and the Malayan Banking Berhad (trading as Maybank) as the largest public bank in Malaysia. After a meticulous review of literature, we propose a systemic framework to study CSR practices and policy implementations. We illustrated the CSR as a constant process where all variables are interrelated and are affecting each other in a mutual approach. In this systemic framework we advocated to study all significant variables related to CSR practice as: the history/philosophy development, core-values, CSR adopted definition, motives, key players, approaches, stakeholders focus, sectors of intervention and mechanisms of policy implementations. The chapter concludes that common CSR policies exist between the Malaysian and the Egyptian experience. Nevertheless the Malaysian model has formulated an elaborated and further sophisticated CSR public banking program. Meanwhile, the Egyptian model needs to adopt more global oriented CSR public banking policies, in particular to assure the sustainable development requirements.

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