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Stabilization and Reform in Eastern Europe
The paper analyzes common issues emerging from the recent experience with Fund-supported programs in Hungary, Poland, Czechoslovakia, Bulgaria and Romania. These comprise the initial price-overshooting and the output collapse, fiscal sustainability as well as the financial and structural problems associated with bad loan portfolios and sluggish implementation of privatization programs. Substantial success, in varying degrees, has been achieved in the initial macro-stabilization and opening-up effort. At the same time mounting difficulties with fiscal and monetary control may be emerging, as a result of social and political pressures and insufficiently clear policy signals on the micro-issues involving the sharp structural transformation of the productive and financial systems.
EU Funds in the New Member States
This book examines new member states’ problems with the absorption of EU funds. Since accession, many new member states from Central and Eastern Europe struggle to access their billions of development funds from Brussels. While existing research mostly emphasizes the role of states’ administrative capacities to account for absorption problems, this study adds the so far neglected role of politics as party politicization to the equation. The argument is tested using a combination of fuzzy-set Qualitative Comparative Analysis (fsQCA) with two detailed process tracing case studies. This book will appeal to scholars interested in EU cohesion policy, post-accession compliance, and post-communist politics.
Political Players?
Sovereign wealth funds (SWFs) are state-owned investment funds composed of financial assets such as stocks, bonds, property, precious metals or other financial instruments. SWFs invest globally and most of them are funded by foreign exchange assets. They may have their origin in commodities (created through commodity exports, either taxed or owned by the government) or assets transferred from official foreign exchange reserves. SWFs have been present in the financial world since 1953, when the first of them, the Kuwait Investment Board, was set up. Nevertheless their rapid development and growth of prominence is a rather new phenomena. Their growing position in the world, in terms of asset value as well as number of funds, has been observed in the world since 2005. --
The E.U. Structural Funds
The EU Structural Funds is a pioneering book that provides the first systematic and critical examination of the role of the EU Structural Funds and other financial instruments in European integration. The examination is important because of the substantial sums of money involved and shows thatthese sums are not necessarily being used effectively or efficiently. Total Structural Fund spending from 1994 to 1999 is to be almost Euro 170 billion and this sum represents around 33 per cent of the Union budget and around 0.4 per cent of the Union gross domestic product. For the years 2000 to2006 spending of up to Euro 218.4 billion is proposed.The issues raised by Andrew Evans are highly topical because of the challenges to established practice entailed by the introduction of a single currency, the `Euro', and by plans for the future accession of several countries of Central and Eastern Europe to the Union.
Guide to Business Information on Central and Eastern Europe
This guide is an introduction to English language sources, in electronic and conventional print forms, dealing with Central and Eastern European business issues. It gives evaluative descriptions and costs of all listed sources, and concentrates on recent sources. Sources in respect of some of these countries can be difficult to locate, and the author provides guidance on how to go about finding them.
Central and Eastern Europe
KEY ISSUES 2014 marked the tenth anniversary of accession to the EU of the first group of Central and Eastern European (CEE) countries. The first NMS Policy Forum was launched in the fall of 2014 as a platform for discussing policy frameworks and issues relevant for non-euro area NMS. It brought together representatives of the six CEE countries that are EU members but are not yet in the euro area - Bulgaria, Croatia, Czech Republic, Hungary, Poland, and Romania (NMS-6), as well as the ECB, the European Commission and the IMF. Discussions focused on four themes: Euro adoption: A once sizeable c.
Privatization in Eastern Europe
A hands-on approach to the privatization process in Eastern Europe, divided into the following categories: - Guidelines for Foreign Purchasers of State Enterprises - A Business Survival Guide for Getting Things Done in Kiev - Critical Challenges of Capital Formation - The Greenfield Approach to Privatization - Vouchers and their Practical Use - Detailed Analysis of the Particulars of the Privatization Procedures in Russia, Ukraine, Poland, the Czech Republic and Slovakia, and Hungary. Furthermore, Privatization in Eastern Europe includes a list of all privatization laws
The Road to Stability and Prosperity in South Eastern Europe
"Report prepared by the Europe and Central Asia Region, World Bank, in close consulation with the International Monetary Fund ... "--P. ix.
