External Shocks and Long-Term Patterns of Economic Growth in Central and Eastern Europe

1994 ◽  
Author(s):  
Felix Butschek
Keyword(s):  
Economic Growth ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
External Shocks

scholarly journals Economic Development and Growth in Central and Eastern Europe

2021 ◽  
Vol 24 (4) ◽  
pp. 69-84
Author(s):  
Csilla Polster
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Driving Forces ◽  
Developed Countries ◽  
Eastern European ◽  
The European Union ◽  
Migration Activity ◽  
Member States

The study investigates the economic growth in Central and Eastern Europe in the last 25 years. The economy can be regarded as a substantial topic in any country, but it is even more interesting in developing countries. One of the basic ideas of the European Union is the convergence between member states, namely the reduction of development disparities, which can be achieved through faster economic growth in less‑developed countries. Growth theory is one of the main topics in economics. Its significant importance is because the desire for development is one of the main driving forces of mankind. The aim of the study is to reveal the crucial differences and common features between the growth paths of the eleven Central and Eastern European member states of the European Union. After presenting growth theories, the growth performance of the examined Central and Eastern European member states is pinpointed. During the research, GDP per capita, population, migration, activity rate, employment rate, unemployment rate, foreign direct investment and foreign trade openness are considered.

scholarly journals THE DETERMINATION OF FINANCIAL STRUCTURE IN AGRICULTURE, FORESTRY AND FISHING INDUSTRY IN SELECTED COUNTRIES OF CENTRAL AND EASTERN EUROPE

2021 ◽  
Vol 24 (3) ◽  
pp. 58-78
Author(s):  
Petra Růčková ◽  
Nicole Škuláňová
Keyword(s):  
Interest Rates ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Current Knowledge ◽  
Generalized Method Of Moments ◽  
Financial Structure ◽  
Fishing Industry ◽  
Inflation Rates

Every economic sector, every single industry, every economy, and even every firm has its specific financial structure. Given that it is not possible to examine thousands of individual companies for scientific purposes, it is necessary to at least examine the differences between individual sectors, industries and countries. At the same time, the formation and optimization of the financial structure is influenced by a myriad of diverse factors that financial managers should take into account in their decisions. Thanks to these facts, more and more researches had been created for over half a century. This research expands knowledge in seven selected countries of Central and Eastern Europe – the Visegrád Group, Bulgaria, Slovenia and Romania. The aim of the research is to evaluate, based on the Generalized Method of Moments, the relationship between the six selected factors and the indebtedness level in companies belonging to the agricultural, forestry and fishing industry. The subject of the research is medium, large and very large companies during the years 2009 to 2016. The research deals with the influence of profitability, liquidity, asset structure, economic development, inflation and interest rates on the total, long-term and short-term indebtedness of companies. The main finding of the research is that companies are influenced by both internal and external determinants. However, even though the industry should be neutral, external determinants – GDP growth rates, inflation rates and interest rates – have a more significant impact on the debt level. The results of this research will not only extend current knowledge in the field of corporate finance, but at the same time, the results may be stimulating in setting support rules for public administration and even European institutions, as the selected industry is strongly linked to subsidy policies.

Transformationsprozesse aus Sicht der evolutorischen Ökonomik

2003 ◽  
Vol 52 (3) ◽  
Author(s):  
Ralph Michael Wrobel
Keyword(s):  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Path Dependency ◽  
Borderline Case ◽  
Evolutionary Approach ◽  
Institutional Evolution ◽  
Mainstream Economics ◽  
Institutional Competition ◽  
Political Entrepreneurs

AbstractThe transformation of former socialist economies in Central and Eastern Europe is a still continuing long-term process. Since explanations and political recommendations by mainstream economics have not been sufficient, research on methodology and theory of transformation is necessary still today. In this paper an evolutionary approach will be introduced to explain the phenomenon of “transformation” as borderline case of long-term institutional evolution. In concrete it will be described as adaptive-imitative step within institutional competition caused by “exit” and “voice” in the Hirschman sense, initiated by political entrepreneurs, channelled by cultural restriction and path dependency and - as consequence of the evolutionary approach - independent of scientific valuation.

scholarly journals Glaciochemistry of Cave Ice: Paradana and Snežna Caves, Slovenia

Geosciences ◽  
2019 ◽  
Vol 9 (2) ◽  
pp. 94
Author(s):  
Anne Carey ◽  
Matija Zorn ◽  
Jure Tičar ◽  
Matej Lipar ◽  
Blaž Komac ◽  
...  
Keyword(s):  
Stable Isotope ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Nutrient Concentrations ◽  
Future Studies ◽  
Major Ion ◽  
Isotope Data ◽  
Lake Waters ◽  
Stable Isotope Data

Cave ice samples collected within karstic terrain have major ion and nutrient concentrations showing that the ice originates from local precipitation modified by the addition of Ca2+ and HCO3− from the dissolution of the local bedrock. Isotopic profiles of Paradana Cave ice are similar to those described in other ice caves in central and eastern Europe, where the profiles are developed through the freezing of cave pool or “lake” waters from the top downward during the onset of the cold portion of the year. Stable isotope data suggest future studies may yield a long-term paleo-environmental record for this location.

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