The Unilateral Euroisation Debate in Central and Eastern European EU Accession Countries

2004 ◽  
Vol 54 (2) ◽  
pp. 123-157
Author(s):  
C. Wójcik ◽  
P. Backé

This paper provides an analysis of the economic benefits, costs and risks that a fast unilateral euroisation would have for the Central and Eastern European EU accession countries. In doing so, a comprehensive and broad overview of the euroisation debate is presented. The overall conclusion from the analysis is that, at this stage, the economics of a rapid unilateral euroisation are highly ambiguous and probably even harmful for the accession countries. However, there are good reasons to believe that the cost-benefit balance of full monetary integration will turn positive for some accession countries within a few years if sound macroeconomic policies are retained, the Maastricht criteria are fulfilled and structural reforms are carried on further to underpin the sustainability of convergence.

2003 ◽  
Vol 39 (3) ◽  
pp. 42-78 ◽  
Author(s):  
PETER BACKÉ ◽  
JARKO FIDRMUC ◽  
THOMAS REININGER ◽  
FRANZ SCHARDAX

2018 ◽  
Vol 18 (2) ◽  
pp. 171-186 ◽  
Author(s):  
Gemma Burgess ◽  
Daniel Durrant

Time Credits are a form of community currency based upon the reciprocal exchange of time and represent an interpretation of ‘time banking’ by a UK social enterprise, Spice. This article sets out the contribution made by research on Time Credits to the theory and practice of co-production in public services. Time Credits are intended to improve wellbeing through volunteering and ultimately increase economic participation. There is a focus on communities exhibiting high levels of deprivation within a small Cambridgeshire town (Wisbech, UK) which is geographically isolated and characterised by low-skilled, agri-food based employment opportunities that attracted high levels of inward migration from the A8 EU accession countries. In separating the rhetoric from the reality of co-production, the research aims to shed some light upon the extent to which such initiatives can realistically engender a shift towards a more reciprocal economy in the context of an ongoing programme of fiscal austerity.


2005 ◽  
Vol 05 (27) ◽  
pp. 1 ◽  
Author(s):  
Katerina Smídková ◽  
Ales Bulir ◽  
◽  

2017 ◽  
Vol 33 (S1) ◽  
pp. 19-19
Author(s):  
Hui Sun ◽  
Yingyao Chen ◽  
Jian Ming ◽  
Yan Wei ◽  
Luyang He

INTRODUCTION:With the promotion of a tiered medical service system, secondary hospitals will play a more important role in the future. This study aims to explore the cost-benefit of computed tomography (CT) in secondary hospitals in China, with a view to providing information for overall economic management in hospitals as well as for regional planning of medical equipment in different areas.METHODS:Fifty-eight secondary hospitals from six provinces located in the eastern, central, and western regions of China were selected as the study sample. Questionnaires were used to collect information on the cost structure, efficiency, and benefits of CT in the secondary hospitals in the past 5 years. Cost analysis was conducted from the perspective of the hospitals, which mainly referred to direct fixed costs and variable costs. We analyzed the investment recovery years a, cost recovery rate b, and benefit-cost ratio to evaluate the economic benefits of CT. We also analyzed the technological benefits of CT based on its effective utilization rate c and positive detection rate. a:Investment recovery years = total original investment / (annual net income + annual depreciation expense)b:Cost recovery rate = average income per check / average cost per checkc:Effective utilization rate = single equipment utilization rate * positive detection rate(Single equipment utilization rate = actual working time / rated working time)RESULTS:Depreciation costs (36.3 percent) were the largest proportion of all costs over the 5-year period, followed by material costs (22.2 percent), maintenance costs (18.2 percent), labor costs (17.1 percent), and electricity consumption (1.2 percent). The investment recovery periods of CT in the eastern, central, and western regions were 2.5, 2.8, and 3.1 years, respectively; the cost recovery rates were 186.5 percent, 172.0 percent, and 174.1 percent, respectively; the benefit-cost ratios were 1.9, 1.7, and 1.7, respectively; the effective utilization rates were 46.1 percent, 58.3 percent, and 71.2 percent, respectively; and the positive detection rates were 52.3 percent, 60.5 percent, and 73.3 percent, respectively.CONCLUSIONS:The current study indicates that the cost-benefit of CT is good in secondary hospitals, especially in terms of economic benefits. But to achieve greater technological benefits in all three regions, more appropriate utilization of CT is needed.


2013 ◽  
Vol 9 (3) ◽  
pp. 197-209
Author(s):  
Falguni Pankaj Desai

The paper aims at providing empirical evidence of increasing sophistication in services exported by the developing countries.The last two decades have witnessed  a phenomenal rise not only in the share of services traded by both developed and developing countries , but also, a structural shift in favour of trade in modern services as against dominance of  traditional services. Spanning over a period of 10 years i.e. from 2000 to 2010 we examine and compare the changing composition and sophistication in services exported by 38 countries comprising: Brazil, Russian Federation, India and China (BRICs), European Union (EU)-15 countries, 12-EU New Member States (EU-NMS), 5-EU Accession countries (EU- ACC), USA and Japan. We use the methodology developed by Hausmann et al (2007) which measures the level of sophistication associated with country’s export basket of goods. But in this paper we have applied this methodology to study sophistication in the export of services instead of goods.  We find that there is a big divide in the values of the sophistication index between EU-15 and EU-ACC, the latter exhibiting considerable lower values of the index.  But the gap in the value of the sophistication index between EU-15 and India, Russia, and some of the EU-NMS has narrowed. 


Sign in / Sign up

Export Citation Format

Share Document