scholarly journals The transition process and institutions: on the issue of the standard of living in the countries of Central and Eastern Europe — members of the European Union

Baltic Region ◽  
2021 ◽  
Vol 13 (1) ◽  
pp. 153-179
Author(s):  
Igor V. Pilipenko
Keyword(s):  
European Union ◽  
Eastern Europe ◽  
Ownership Structure ◽  
Central And Eastern Europe ◽  
Private Property ◽  
Home Ownership ◽  
Standard Of Living ◽  
The European Union ◽  
Member States ◽  
The Eu

The aim of this article is to adjust the technique of comparing the standard of living in 11 countries of Central and Eastern Europe that became members of the European Union (EU) during 2004-2013 (EU-11) and 15 countries of Western, Northern and Southern Europe – member states of the EU by 1995 (EU-15). We reveal that outright home ownership in the EU-11 countries exceeds on average 75%, while almost two-thirds of households in the EU-15 countries have a mortgage or pay rent spending on housing on average up to one quarter of their income. Despite 30 years of transition to a market economy, the EU-11 countries largely inherited such home ownership structure from the centrally planned economy institutions, i.e. individually-owned and cooperative housing, as well as subsidized state-owned housing stock that became the private property of tenants at the start of market reforms. We propose a technique of taking into account households’ income and housing costs (mortgage and rent) in one indicator given the current home ownership structure in an economy. After the purchasing power parity (PPP) adjustment, our calculations reveal that the standard of living disparities between the EU-11 and EU-15 states are less significant than when compared at nominal prices or PPP alone. Moreover, the disparity in average living standards between these two groups of countries turns out to be narrower than cross-regional differences within seven EU member states at the Eurostat’s NUTS 2 level.

1. Introduction

2021 ◽  
pp. 1-11
Author(s):  
Margot Horspool ◽  
Matthew Humphreys ◽  
Michael Wells-Greco
Keyword(s):  
European Union ◽  
Eastern Europe ◽  
Legal System ◽  
Central And Eastern Europe ◽  
Legal Systems ◽  
The European Union ◽  
Member States ◽  
The Eu

This introductory chapter traces the development of the European Union. Since its inception in 1952, the EU has matured and developed from a Community of like-minded states into a Union of a greater diversity of states, with a comprehensive legal system which is increasingly penetrating the national legal systems of Member States. From the six original members, the EU now counts 27 Member States. Eleven of the thirteen newer Member States are in Central and Eastern Europe, and have discarded their old Communist regimes, turning into democracies with the qualifications to join the Union. The latest developments and changes, including Brexit and the effects of Covid-19, are also discussed.

1. Introduction

2018 ◽  
Author(s):  
Margot Horspool ◽  
Matthew Humphreys ◽  
Michael Wells-Greco
Keyword(s):  
European Union ◽  
Eastern Europe ◽  
Legal System ◽  
Central And Eastern Europe ◽  
Legal Systems ◽  
The European Union ◽  
Member States ◽  
The Eu

This introductory chapter traces the development of the European Union. Since its inception in 1952 the EU has matured and developed from a Community of like-minded States into a Union of a greater diversity of states, with a comprehensive legal system which is increasingly penetrating the national legal systems of Member States. From the six original members, the EU now counts 28 Member States, after Croatia’s recent accession. Eleven of the thirteen States which have joined in the last decade are in Central and Eastern Europe and have discarded their old Communist regimes, turning into democracies with the qualifications to join the Union.

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 IMPACT OF OFFSHORING ON THE EUROPEAN LABOUR MARKET

2017 ◽  
Vol 16 (3) ◽  
pp. 35-42
Author(s):  
Jakub Kraciuk
Keyword(s):  
European Union ◽  
Eastern Europe ◽  
Labour Market ◽  
Central And Eastern Europe ◽  
Wage Gap ◽  
The European Union ◽  
Skilled Workers ◽  
Eu Countries ◽  
The Impact ◽  
The Eu

This study shows the differences in wages of workers from the EU countries according to various levels of education. It also shows the level of offshoring in the analysed countries and its impact on the salaries. It was found that the largest wage gap between the high-skilled and the low-skilled workers exists both in the countries of Central and Eastern Europe and in the countries such as Germany and Portugal. Results of the analysis show that offshoring contributes to a decrease in wages of workers in the countries of the European Union. Nonetheless, the highest decrease in wages is visible among workers with the lowest skills, and the lowest decrease can be seen among workers with the highest skills.

scholarly journals The Three Seas Initiative and its Economic and Geopolitical Effect on the European Union and Central and Eastern Europe

2019 ◽  
Vol 22 (2) ◽  
pp. 105-119 ◽  
Author(s):  
Grzegorz Zbińkowski
Keyword(s):  
European Union ◽  
Natural Gas ◽  
Crude Oil ◽  
Eastern Europe ◽  
Energy Security ◽  
Central And Eastern Europe ◽  
The European Union ◽  
Eu Countries ◽  
Oil And Natural Gas ◽  
The Eu

The objective of this paper is a presentation of results of an analysis of the Three Seas Initiative (TSI), whose participating countries (except Austria) treat it as a method of: a) reducing their dependence on crude oil and natural gas imports from Russia, thus increasing their energy security; b) accelerated filling of the persisting civilisation gap between the initiative participants and more developed EU countries owing to the improved quality and maturity of the transport and digital North‑South infrastructure; and c) the actual implementation of the “vision of a Europe whole, free and at peace.” The analysis has assumed the following research hypothesis: The CEE states’ joining the EU has not markedly changed those states’ development, as material differences do still exist in this respect between the new EU states and the old ones, which was verified positively.

Has European monetary union influenced the European Union bank lending flows to the EU countries from Central and Eastern Europe?

2019 ◽  
Vol 11 (2) ◽  
pp. 263-282 ◽  
Author(s):  
Donny Tang
Keyword(s):  
European Union ◽  
Eastern Europe ◽  
Gravity Model ◽  
Stock Markets ◽  
Central And Eastern Europe ◽  
Bank Lending ◽  
The European Union ◽  
Content Type ◽  
Eu Countries ◽  
The Eu

Purpose The purpose of this study is to modify the gravity model to identify the main determinants of the European Union (EU) bank lending to the Central and Eastern Europe (CEE) countries during 1994-2012. Design/methodology/approach This study uses both two-stage least squares and dynamic generalized method of moments to estimate the modified gravity model. Findings This study finds that the CEE countries with more developed stock markets have received the higher EU bank lending inflows. The EU banks have greater access to additional financing in the stock markets. Second, the higher stock market difference between the CEE and EU countries has boosted the EU bank lending. Compared to the developed EU stock markets, the less developed CEE stock markets have become more favorable to the EU banks seeking to earn higher profits. Research limitations/implications The CEE countries can further boost the EU bank lending inflows through deepening capital liberalization. They should facilitate easy foreign bank entry by reducing excessive bank legislations and regulations. Moreover, they can promote the EU bank lending through substantial EU bank integration. This can accelerate the major bank reform which would facilitate better bank supervision and regulations. Originality/value Most previous studies have primarily used the macroeconomic and institutional factors to explain the EU bank lending. In contrast, this study explores the growing importance of the CEE financial development and bilateral trade in explaining the EU bank lending.

scholarly journals Changes in the standard of living of chosen countries that joined the European Union after 2004

2020 ◽  
Vol 18 (4 (48)) ◽  
pp. 1295-1307
Author(s):  
Mateusz MUSIAŁ
Keyword(s):  
European Union ◽  
Living Standards ◽  
Standard Of Living ◽  
The European Union ◽  
Member States ◽  
Eu Policies ◽  
Taxonomic Methods ◽  
Level Of Living ◽  
The Impact ◽  
The Eu

Abstract: The article is devoted to the issue of changes in standard of living, which were noted in the Member States that joined the EU structures after 2004. An attempt was made to capture the impact of EU policies on the level of living standards in the Member States. The time taken in the study covers the years 2004-2014. The year of the largest enlargement in EU history was adopted as the beginning of the period. The study used taxonomic methods, in particular the Hellwig development index.

scholarly journals Number of clinical trials of new therapeutic agents in the European Union countries of Central and Eastern Europe, 2000–2019

2021 ◽  
Author(s):  
Mikołaj Bartoszkiewicz ◽  
Joanna Kufel-Grabowska ◽  
Maria Litwiniuk
Keyword(s):  
European Union ◽  
Clinical Trials ◽  
Clinical Research ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Phase Iii ◽  
The European Union ◽  
Eu Countries ◽  
Phase Iii Trials ◽  
The Eu

Introduction: The clinical research market of the European Union (EU) countries of Central and Eastern Europe has been experiencing a dynamic growth of clinical trials in the last 10 years. Oncology and cardiology are the areas where the most clinical trials are conducted. Aim: This study aims to analyze the clinical research market including countries, medical fields and trial phases in the EU countries of Central and Eastern Europe. The comparative analysis of countries is divided into 5-year periods. Material and methods: Clinical research market analysis was carried out in 11 EU countries of Central and Eastern Europe: Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia. In searching for the number of clinical trials, the ClinicalTrials.gov database was used. Results and discussion: From 2000 to 2019, 6497 clinical trials were conducted in the EU countries of Central and Eastern Europe. There were 1840 clinical trials registered in Poland, 1188 in Czechia, and 1005 in Hungary. The most clinical trials were registered in the field of oncology (22%), followed by cardiology (16%) and neurology (12%). Phase III trials representing as much as 60% (n = 2854) of all conducted medical experiments. The highest increase in the number of clinical trials in the last two 5-year periods (2010–2014 and 2015–2019) was recorded in Estonia, at 471%. Conclusions: There has been a significant increase in the number of clinical phase III trials in the EU countries of Central and Eastern Europe, mainly in Poland, Czechia, and Hungary.

Political aspects of security of the European Union Member States

2020 ◽  
pp. 97-105
Author(s):  
Aleksandra Kusztykiewicz-Fedurek
Keyword(s):  
European Union ◽  
Negative Impact ◽  
The European Union ◽  
Member States ◽  
Eu Member States ◽  
Political Security ◽  
New Institutions ◽  
The Stability ◽  
Key Aspects ◽  
The Eu

Political security is very often considered through the prism of individual states. In the scholar literature in-depth analyses of this kind of security are rarely encountered in the context of international entities that these countries integrate. The purpose of this article is to draw attention to key aspects of political security in the European Union (EU) Member States. The EU as a supranational organisation, gathering Member States first, ensures the stability of the EU as a whole, and secondly, it ensures that Member States respect common values and principles. Additionally, the EU institutions focus on ensuring the proper functioning of the Eurozone (also called officially “euro area” in EU regulations). Actions that may have a negative impact on the level of the EU’s political security include the boycott of establishing new institutions conducive to the peaceful coexistence and development of states. These threats seem to have a significant impact on the situation in the EU in the face of the proposed (and not accepted by Member States not belonging to the Eurogroup) Eurozone reforms concerning, inter alia, appointment of the Minister of Economy and Finance and the creation of a new institution - the European Monetary Fund.

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