scholarly journals Is there a trade convergence between South East European and Central European economies

2021 ◽  
Vol 66 (231) ◽  
pp. 7-31
Author(s):  
Goran Nikolic ◽  
Ivan Nikolic

Given the importance of trade performance to overall economic fundamentals, the question arises as to the extent that South East European Countries (SEEC) have successfully followed the successful transition path of Central and Eastern European Countries (CEEC). To address this issue, we use similarity indicators to calculate possible convergence between the export structures of SEEC and CEEC from 2007-2008 to 2018-2019. We then compute the value of the similarity coefficients of SEEC and CEEC export structures and compare them with EU import structures, and intra-industry trade for both SEEC and CEEC. Next, we calculate the qualitative changes of both SEEC and CEEC merchandise trade through the tendency of technology-intensive products. The results of these two groups are compared to determine whether SEEC trade performance is converging to that of the CEEC. The results show structural improvements and an above-average increase in SEEC trade since 2007. However, given the simultaneous, moderate qualitative trade progress in the CEEC, the convergence between these two groups is insufficient to close the gap in the foreseeable future.

2015 ◽  
Vol 68 (1-2) ◽  
pp. 59-65
Author(s):  
Biljana Lazovic ◽  
Sanja Mazic ◽  
Marina Djelic ◽  
Jelena Suzic-Lazic ◽  
Radmila Sparic ◽  
...  

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.


2020 ◽  
Vol 13(62) (2) ◽  
pp. 125-132
Author(s):  
Nicoleta Geanina Bostan

"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. "


2018 ◽  
Vol 2 (2) ◽  
pp. 73-77
Author(s):  
Miroslav Ondrejovič ◽  
Stanislav Miertuš

Abstract The paper presents main results and recommendations of the recent European Workshop dedicated to the evaluation of current state and prospects for Biotechnology with the attention to Central and European countries. The contribution of Biotechnology to the RIS3 strategy is also briefly presented. It is believed that there is still insufficient integration of research and innovation, especially in Central and Eastern European countries. Another problem is the weak interest and lack of mechanisms for the entry of potential investors into biotechnology capital–intensive areas. Series of proposals and recommendations coming from the Workshop on how to increase the regional cooperation in the field of Biotechnology is briefly described together with the potential role of international institutions (JRC-EC, CEI, ICGEB, EBTNA) in such cooperation.


2020 ◽  
Vol 11 (1) ◽  
pp. 69-78
Author(s):  
Mengyang Qi

AbstractThis article is based on the 2008-2017 data from the UN Merchandise Trade Database and analyzes the trade patterns of agricultural products between China and 16 Central and Eastern European countries in terms of trade competitiveness, complementarity and trade potential by using the index of revealed Comparative Advantage, the index of trade complementarity and the index of trade intensity. The results show that China and 16 countries are highly competitive in multi-chapter products, but there are significant differences in the export advantages of different countries’ agricultural products and strong trade complementarity, and the trade links between China and 16 countries are loose In the multi-chapter products have greater trade potential. China and the 16 central and eastern European countries should make full use of the “16 + 1” Cooperation Mechanism to expand bilateral agricultural trade.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Iwona Kowalczuk ◽  
Jerzy Gębski

Purpose This paper aims to contribute to the literature that discusses consumer tipping behaviour in eating establishments. Because there is no detailed research into this issue with regard to consumers in Central and East European countries, the authors conducted research aimed at learning about the tipping behaviour of the Poles. Design/methodology/approach This study was carried out in 2018, using the computer-assisted web interviewing method, for a sample of 1,000 people. Six research questions were asked: How often the Poles give tips in eating establishments? What is an average size of a tip? What determinants influence the frequency and magnitude of tips? Who is likely to give a tip every one to two visits? Who is likely to tip more than the standard 10%? What influences the reasons why Polish consumers tend to tip? Findings The findings show the strong relationships between both a consumers’ tipping frequency and magnitude and the frequency at which these consumers eat out. This study also implicates income and education as essential factors influencing tipping behaviour and the lack of gender effect on consumers’ decision to tip. It was also noticed that such reasons as the quality of service, a taste of the dishes and a belief that it is proper to tip have a significant impact on the frequency of giving the tips. A significant diversity of the reasons’ meaning for tipping among Polish consumers depending upon their age was also stated. Research limitations/implications It would be interesting to compare the results of the current study with studies concerning consumer tipping behaviours in other Central and Eastern European countries historically and culturally similar to Poland to investigate whether the specifics of tipping behaviour noticed in Poland apply elsewhere. Originality/value This study shows the specifics of Polish people’s tipping behaviour and partially fulfills the gap in the knowledge of this aspect of consumers’ from Central and Eastern Europe behaviour. The obtained results suggest that with the increasing incomes and the widespread use of food services, tipping is likely to become more common in Poland. Furthermore, the pragmatic reasons for tipping will become more important than social and psychological motivators.


2017 ◽  
Vol 8 (4) ◽  
pp. 723-742
Author(s):  
Katarína STAROŇOVÁ

AbstractCurrently, there is ongoing discussion about the role of regulatory oversight bodies in relation to the implementation of regulatory impact assessments (RIAs). In fact, one can witness a diffusion of regulatory oversight systems, including in CEE countries, where introduction of an RIA oversight body became part of the modernisation of the overall RIA process to become more effective. In fact, the regulatory oversight mechanism is seen as a tool for the instrumental role of regulation governance. However, this approach does not adequately explain the rationale behind setting up such a body; strategic and symbolic roles may be significant as well. This article first compares the manner in which oversight mechanisms have been institutionalised in five Central and East European countries: the Czech Republic, Estonia, Hungary, Slovakia and Slovenia. Second, it explores how differences in institutionalisation and operation shed light on understanding what stakeholders expect and understand in relation to control of RIA quality. The paper concludes that there are marked differences in regulatory oversight set-up and roles across Central and Eastern Europe, notably as a consequence of the presence or absence of internal learning.


2020 ◽  
Vol 12 (18) ◽  
pp. 7604
Author(s):  
Viorica Chirilă ◽  
Gina Ionela Butnaru ◽  
Ciprian Chirilă

The present study analyses the relationship between economic growth and tourism growth at the level of Central and East European countries, using the spillover indices approach. Based on the monthly data obtained for the period 2000–2019, the analysis of this paper presents certain empirical results. Firstly, the relationship economic growth-international tourism grow is not stable over time, both from the point of view of its size and its direction, which suggests that the specific activities of international tourism contribute to the economic growth and hypotheses according to which international tourism growth causes economic growth are time-dependent. Secondly, the relationship economic growth-international tourism growth is dependent on certain major events, such as the economic and financial crisis that started in 2008 and the debt crises from 2010. The results obtained show that the impact of these events influences the direction of the relationship between international tourism and economic growth which becomes more accentuated during the economic growth periods.


2019 ◽  
Vol 8 (1) ◽  
pp. 1-10
Author(s):  
Maxim Korneyev

Strengthening financial and economic stability in certain countries of the world requires the modification of tools for assessing the imbalances in the flow of financial resources that arise and spread as a result of the economy financialization and their consequences for the functioning of markets, especially investment ones. The purpose of the study is to develop a methodological approach to identifying the dependencies between financial resources imbalances resulting from financialization and investment flows. The following research methods were used: science-based abstraction, analysis and synthesis, economic and mathematical methods (to identify the dependencies between the imbalances in the movement of financial resources and investment flows in the economy); comparison and analogy (to study the world experience in identifying the links between financialization and investment flows in the economy). The aspects of the influence of imbalances in financial resources movement as a result of the economy financialization on investment flows are systematized. Various consequences of these imbalances for the functioning of the investment market are determined. The algorithm of identification of special aspects of investment flows influenced by financial resources imbalances was modified. The hypothesis of the strong correlation between the dynamics of foreign direct investment in the Eastern European countries and the level of imbalances in the flow of financial resources has been confirmed. The hypothesis of the significant influence of financialization processes on investment activity in the real sector of the economy, including infrastructure investments, has been refuted. It has been established that imbalances in the flow of financial resources as a result of financialization do not contribute to the development of investment markets of Eastern European countries, and only intensify disparities by directing foreign direct investment in the financial sectors of these countries and increasing the volatility of their market conditions.It has been determined that the approach to identifying the dependencies between financial resources imbalances as a result of financialization and investment flows in Eastern European economies has allowed to substantiate the impact of such imbalances on investment amounts and on the capital formation dynamics.


2003 ◽  
Vol 9 (1) ◽  
pp. 74-80
Author(s):  
Balàzs Németh

The challenges of the new millennium are turning everything upside down. Modernisation, globalisation, and a change of paradigm since 1989 have altered our perspectives of the mechanisms by which the societies of Central and Eastern European countries operate. Life expectancy has increased throughout the world, overpopulation has stopped in Europe, and integration movements have exerted increasing influence, constraining societies by outlining and reshaping not only the ‘map of the future’, but also of sub-systems and groups of societies of Central and Eastern Europe. It is evident that, in future societies, the real wealth generated from natural and social resources will depend upon the quality and wealth of human resources. This article scrutinises this issue within the context of lfelong learning.


1992 ◽  
Vol 33 (1) ◽  
pp. 151-179 ◽  
Author(s):  
Barbara A. Misztal

Almost a decade after the wave of transformations from authoritarian to democratic regimes started in Latin America, Eastern European countries, one after another, entered the path leading towards democracy. The end of 1989 and the first part of 1990 saw unheard of numbers of free elections in ten Latin American and all East European countries (with the exception of Poland, where freedom of the first election was limited). Moreover, all the newly elected rulers won office on a promise to liberalise their economies. However, many commentators and scholars fear the impact on populations of painful structural reform policies and predict that new democracies in both regions either will not stay democratic for long or will not carry out a full package of economic reforms. They predict that half-hearted efforts at stabilisation will be followed by overwhelming political resistance which will provoke a reversal of economic policies. Each failure will reduce the credibility of successive reform attempts, the ultimate consequence being not merely economic disarray but an almost total loss of faith in democratic political institutions.


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