scholarly journals Institutional competitiveness of Central and Eastern European countries and the inflow of foreign direct investments

Catallaxy ◽  
2020 ◽  
Vol 5 (2) ◽  
pp. 87-96
Author(s):  
Magdalena Owczarczuk

Motivation: Central and Eastern European countries (CEE) in spite of a long period of European Union membership and integration with the developed economies of Western Europe are still on the path of convergence, i.e. pursuing the highly developed countries in terms of, among others, GDP per capita. Assuming that the FDI inflow carries numerous benefits for the economic growth of the recipient country, those economies still compete against one another for foreign capital. One of the factors that attracts FDI is high quality of institutional surrounding. Aim: assessment of institutional competitiveness of the selected CEE countries (Czech Republic, Estonia, Lithuania, Latvia, Poland, Slovakia, Slovenia, Hungary) as well as verification of the relationship between institutional competitiveness and the FDI inflow to the analyzed economies. Materials and methods: The article reviews positions obtained by the selected CEE countries in the ranking of competitiveness published by Global Economic Forum (Global Competitiveness Report). The analysis and assessment of CEE countries competitiveness focused around the institutional quality assessment. Quantitatively, the connection was revealed between competitiveness ranking in the field of institutions and FDI inflow per capita and FDI as % of GDP to the economies under consideration. Results: the analysis of the global competitiveness index (GCI) allows to notice that among the CEE countries, Estonia is characterized with the highest institutional competitiveness. The detailed analysis indicated that low social capital quality decreases institutional competitiveness in case of all analyzed economies. The conducted quantitative analysis of the potential link between the GCI?Pillar 1. Institutions index and the inflow of foreign direct investments to CEE countries indicates the positive correlation of those variables. Higher index values (institution quality assessment) corresponds to the higher FDI per capita level and FDI calculated as GDP percentage.

2018 ◽  
Vol 18 (2) ◽  
pp. 31-48
Author(s):  
Renata Małkowska

This paper analyses the interdependencies between state debt and the volume of the public sector’s expenditure, focusing particularly on pro-social spending. These phenomena have been studied in relative values (versus GDP) and in absolute values (per capita). This served as the grounds for an attempt to identify general directions of the public finance policies followed by countries in the Central and Eastern Europe and in selected highly developed countries.


1969 ◽  
Vol 17 (1) ◽  
Author(s):  
Margit Suurna

In light of the current debate on the validation of the prevalent business models and trends taking place in the field of biotechnology in developed countries (see here in particular Pisano versus Glick), it is relevant to explore whether, and if so in which form and circumstances, the set arguments hold up and could be complemented by the context prevalent in transition countries. As one of the main concerns for the long-term development in the area relies on Pisano's argument that the sector is moving towards greater fragmentation, the deep analysis of that becomes particularly important in an environment where the very same problems are somewhat rooted in the local policymaking context and business environment. A specific example can be drawn here from the Central and Eastern European countries (CEE). Derived from this, the aim of the current article is to trace the trends in biotechnology business models in one of the rather well-performing CEE countries: Estonia. The article argues that the developments in the business models in Estonia are led by two rather contrary directions, where on the one hand increasing specialization and fragmentation and on the other hand movements towards geographical and institutional convergence can be detected.


1995 ◽  
Vol 7 (2) ◽  
pp. 301-308 ◽  
Author(s):  
Norman Sartorius

Recent major political changes in Eastern European countries might have affected their suicide rates. For this article, suicide statistics available to the World Health Organization were used to compare data from eight Eastern European countries to those from seven countries in Northern or Western Europe. Comparisons were made between 1987 and 1991/92 data using total suicide rates for each country, rates by gender, and rates for the elderly (age 75 and older). The total rates indicated an increase in suicide in Eastern European countries and a decrease in other European countries. The ratio of male-to-female suicides in the Eastern European countries increased during this time as well, more than in other European countries. Among those over the age of 75, however, rates of suicide in Eastern European countries decreased; this pattern was less clear in the European countries chosen for comparison. The article discusses the role of economic, cultural, and health service factors affecting these trends.


2010 ◽  
Vol 14 (1) ◽  
pp. 331-339
Author(s):  
Agata Ciołkosz-Styk ◽  
Wiesław Ostrowski

Abstract Significant changes in the wealth, variety and level of graphic form of city maps are noticeable in recent years, particularly those from Central and Eastern European countries. This is a consequence of the political and economic transformation, resulting in the abolition of censorship and introduction of the free market. City maps published in Western Europe have evolved as well during the aforementioned period due to higher political and economic stability. The paper compares city maps content of 18 European countries and shows the influence of Soviet cartographic style on city maps image in post-communist countries.


2020 ◽  
pp. tobaccocontrol-2020-055658 ◽  
Author(s):  
Fanny Janssen ◽  
Shady El Gewily ◽  
Anastasios Bardoutsos

ObjectiveTo estimate smoking-attributable mortality in the long-term future in 29 European countries using a novel data-driven forecasting approach that integrates the wave pattern of the smoking epidemic and the cohort dimension.MethodsWe estimated and forecasted age-specific and age-standardised smoking-attributable mortality fractions (SAMF) and 95% projection intervals for 29 European countries by sex, 1950–2100, using age-period-cohort modelling with a generalised logit link function. We projected the (decelerating) period increases (women) by a quadratic curve to obtain future declines, and extrapolated the past period decline (men). In addition, we extrapolated the recent cohort trend.ResultsSAMF among men are projected to decline from, on average, 25% in 2014 (11% (Sweden)—41% (Hungary)) to 11% in 2040 (range: 6.3%–15.4%), 7% in 2065 (range: 5.9%–9.4%) and 6% in 2100. SAMF among women in 21 non-Eastern European countries, currently at an average of 16%, are projected to reach peak levels in 2013 (Northern Europe), 2019 (Western Europe), 2027 (Greece, Italy) and 2022 (Central Europe), with maximum levels of, on average, 17% (8% (Greece)—28% (Denmark)), and to decline to 10% in 2040 (range: 4%–20%), 5% in 2065 (range: 3.5%–7.6%) and 4% in 2100. For women, a short-term shift in the peak of the inverse U-shaped age pattern to higher ages is projected, and crossovers between the age-specific trends.ConclusionOur novel forecasting method enabled realistic estimates of the mortality imprint of the smoking epidemic in Europe up to 2100. The high peak values in smoking-attributable mortality projected for women warrant attention.


1993 ◽  
Vol 21 (1) ◽  
pp. 81-89 ◽  
Author(s):  
Jože Mencinger

With 20,251 square kilometers, Slovenia has a little less than two million inhabitants. In the last thirty-five years, national productivity has risen on average by 5.2% annually (though it stagnated in the eighties and diminished fast in 1990 and 1991), and per inhabitant, rose 0.7% annually. At approximately 6,000 dollars, per capita productivity is twice as high as the Yugoslav average and eight times higher than per capita productivity in less developed Kosovo. With a 47% economically active population, 9% agricultural population, more than 99% literacy, 30% expenditure on food, and 0.28 vehicles and 0.32 telephones per inhabitant, Slovenia ranks among the rich Eastern European countries.


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