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This interdisciplinary book analyses the regional economic integration and its institutionalisation that has been pursued in East Asia since the late 1990s and its far-reaching impact for the entire region and beyond. It presents the specificity and evolution of East Asia’s economic integration as well as its outcomes in the form of an impressive number of FTAs concluded by East Asian countries. The book also addresses the region’s institutionalised regionalism of the 21st century, embodied by the recent establishment of two mega-regional institutions for trade and investment facilitation – Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and Regional Compr...
The definition of “old” has evolved intensively over the years due to demographic changes, and the ageing population is one of the most frequently discussed issues in recent decades. The profile of the 21st century senior is completely different from the senior in the second half of the 21st-century senior is completely different from the senior in the second half of the 20th century, not to mention earlier periods in history. As an increasing group of benefactors of human activity, they create demand for products and experiences. The system of goods and services that aims to leverage their purchasing potential and satisfy their consumption needs, including living, health, tourism, cultu...
The growing indebtedness of households reported over the last 30 years and in most developed countries has serious economic and social implications. This book provides insight into the concepts, measures, and determinants of household indebtedness, over-indebtedness, and well-being by integrating theoretical perspectives, adopting recent analytical methods, and using a sample of Polish households. The authors identified the socio-demographic and economic characteristics of indebted and over-indebted households, as well as the basic characteristics of indebtedness and the differences in its subjective perception among over-indebted households and those that are not over-indebted. They determi...
In the complex world of finance, understanding the relationship between a company's capital structure and its overall performance is crucial. This book offers a comprehensive exploration of the interdependence between capital structure decisions and business performance, with a specific focus on German-listed companies. It provides valuable insights into the intricate dynamics of corporate finance. Through a blend of theoretical frameworks, empirical research, and practical applications, the book presents readers with a thorough understanding of how capital structure decisions impact a company's profitability, risk profile, and long-term sustainability. From traditional theories of capital s...
The theory of interventionism of the Austrian School of Economics explains the successes and failures of the transformation processes in Central and Eastern European countries and offers a deep insight into contemporary economic phenomena. Three decades have passed since the collapse of communism that precipitated the economic transformation of these countries. This book describes the Austrian view of socialism and in such a context explains the transformational success of the countries of Central and Eastern Europe. Moreover, it shows that the theory of interventionism has not lost its relevance, and the theory itself—along with its modifications—may be used to explain current economic ...
According to the European Commission, two recent policies: the Digital Service Act and the Digital Market Act will allow for the regulation of a significant part of the EU Digital Single Market (DSM), to an extent similar to the creation of the traditional internal market in the early 1990s. The provisions are intended to improve conditions in the EU DSM to ensure that the market is as free and fair as it is safe for users of the digital economy. This interdisciplinary book analyses the impact of digital technologies on specific markets and, more broadly, the society and the economy. It identifies and assesses the different features, challenges, trends and dimensions of the EU DSM, from a le...
Forpocztą produkcji energii elektrycznej z odnawialnych źródeł, nie licząc hydroenergetyki, były obiekty wykorzystujące siłę wiatru. Pierwsze sprawne urządzenia o takim właśnie przeznaczeniu pojawiły się jeszcze w XIX wieku. Były głównie dziełami wynalazców i hobbystów. Nie były przeznaczone do publicznego użytku. Elektrownie Gospodarcze nie odgrywały jednak większego znaczenia. Produkcja na skalę przemysłową energii elektrycznej w takich obiektach ma znacznie krótszą historię. Sięga ona lat osiemdziesiątych XX wieku. Pojedyncze elektrownie wiatrowe wpisały się w krajobraz naszego kraju w połowie ostatniej dekady minionego wieku. Na początku obecnego stule...
The book provides a picture of the increasing significance of Central Europe and especially Poland in global production networks, discussing the underlying economic, social, and political factors. The key question it answers is to what extent the growth of production and exports results in industrial upgrading towards the manufacturing of more sophisticated high value-added products, new technologies, and the development of non-production functions, especially design and advanced service capabilities. The book shows that Central European manufacturing no longer exhibits the typical features of production activities in the periphery, in particular low density and diversity, low productivity, ...
In response to the outbreak of the COVID-19 pandemic, governments and international institutions took steps to contain the harmful consequences on citizens’ lives and health, as well as the economy. In the short term, the goal was to limit the spread of the virus and the effects of the restrictions on the economy and, in the longer run, to prevent the appearance of new cases, facilitate the end of social restrictions, reboot the economy, and return to a path of sustainable growth and development. This is an economic and legal exploration of the impact of the pandemic, in the Polish context, examining Polish society and the economy as well as the response of the Polish authorities to the pa...
Research collaboration plays a pivotal role in not only disseminating existing knowledge but also catalyzing the generation of novel insights. This book delves into the benefits that arise from research collaborations, shedding light on their multifaceted impacts. It serves as a pioneering exploration into the nexus of collaboration, knowledge convergence, and knowledge cohesion, drawing extensively from the rich literature on the EU's cohesion policy and collaboration-induced knowledge diffusion. Firstly, Knowledge Cohesion: Uniting Europe Through Research Networks unravels the nuanced interplay among collaboration, knowledge convergence, and knowledge cohesion. Secondly, it carves out clea...