Ebook: Balkan and Eastern European Countries in the Midst of the Global Economic Crisis

The world is changing rapidly. The global economic crisis has called into question the political decisions that have been made by all countries for decades and has led to a re-formulation of tools and aims. Adjustments to the new situation are necessary and entail considerable economic and social costs. The Balkan and Black Sea area is an important reference point for the European and global economy. Accordingly, the study of the economic development in the area is of great interest, engaging politicians and scientists alike. Under this framework, the matter of the relation between the area’s countries and the E.U., the role of the banking system and the importance of the primary sector of the economy as an important developmental factor for the countries’ economies are of great importance.​

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The world is changing rapidly. The global economic crisis has called into question the political decisions that have been made by all countries for decades and has led to a re-formulation of tools and aims. Adjustments to the new situation are necessary and entail considerable economic and social costs. The Balkan and Black Sea area is an important reference point for the European and global economy. Accordingly, the study of the economic development in the area is of great interest, engaging politicians and scientists alike. Under this framework, the matter of the relation between the area’s countries and the E.U., the role of the banking system and the importance of the primary sector of the economy as an important developmental factor for the countries’ economies are of great importance.?

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The world is changing rapidly. The global economic crisis has called into question the political decisions that have been made by all countries for decades and has led to a re-formulation of tools and aims. Adjustments to the new situation are necessary and entail considerable economic and social costs. The Balkan and Black Sea area is an important reference point for the European and global economy. Accordingly, the study of the economic development in the area is of great interest, engaging politicians and scientists alike. Under this framework, the matter of the relation between the area’s countries and the E.U., the role of the banking system and the importance of the primary sector of the economy as an important developmental factor for the countries’ economies are of great importance.?
Content:
Front Matter....Pages i-x
Front Matter....Pages 1-1
Origins of Foreign Direct Investment in Croatia: Application of an Expanded Gravity Model....Pages 3-21
Balkan Area and EU-15: An Empirical Investigation of Income Convergence....Pages 23-33
The Economic Relations of Bosnia–Herzegovina and FYROM with the Other States that Emerged from the Breakup of Yugoslavia Considering the Ohrid and Dayton Agreements: The Phenomenon of Yugonostalgia in Trade and Economic Relations of Those Countries....Pages 35-48
The Impact of Inflation Targeting Policy on the Inflation Uncertainty in Turkey....Pages 49-61
Fiscal Policy Under the EMU: Facts and Prospects....Pages 63-74
Front Matter....Pages 75-75
Central Banks Between Classicism and Modernity....Pages 77-85
Credit Risk in the Romanian Banking System: Evidence from an ARDL Model....Pages 87-101
Front Matter....Pages 103-103
Competitiveness and Cohesion in the European Union: A Dilemma?....Pages 105-120
Local Cooperation: A Dynamic Force for Endogenous Rural Development....Pages 121-132
Exploring Consumers’ Purchasing Behaviour Regarding Organic Wine in a Convergence E.U. Region: The Case of East Macedonia and Thrace, Greece....Pages 133-155
Information Society: Statistical Profiles and Development Stages....Pages 157-174

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The world is changing rapidly. The global economic crisis has called into question the political decisions that have been made by all countries for decades and has led to a re-formulation of tools and aims. Adjustments to the new situation are necessary and entail considerable economic and social costs. The Balkan and Black Sea area is an important reference point for the European and global economy. Accordingly, the study of the economic development in the area is of great interest, engaging politicians and scientists alike. Under this framework, the matter of the relation between the area’s countries and the E.U., the role of the banking system and the importance of the primary sector of the economy as an important developmental factor for the countries’ economies are of great importance.?
Content:
Front Matter....Pages i-x
Front Matter....Pages 1-1
Origins of Foreign Direct Investment in Croatia: Application of an Expanded Gravity Model....Pages 3-21
Balkan Area and EU-15: An Empirical Investigation of Income Convergence....Pages 23-33
The Economic Relations of Bosnia–Herzegovina and FYROM with the Other States that Emerged from the Breakup of Yugoslavia Considering the Ohrid and Dayton Agreements: The Phenomenon of Yugonostalgia in Trade and Economic Relations of Those Countries....Pages 35-48
The Impact of Inflation Targeting Policy on the Inflation Uncertainty in Turkey....Pages 49-61
Fiscal Policy Under the EMU: Facts and Prospects....Pages 63-74
Front Matter....Pages 75-75
Central Banks Between Classicism and Modernity....Pages 77-85
Credit Risk in the Romanian Banking System: Evidence from an ARDL Model....Pages 87-101
Front Matter....Pages 103-103
Competitiveness and Cohesion in the European Union: A Dilemma?....Pages 105-120
Local Cooperation: A Dynamic Force for Endogenous Rural Development....Pages 121-132
Exploring Consumers’ Purchasing Behaviour Regarding Organic Wine in a Convergence E.U. Region: The Case of East Macedonia and Thrace, Greece....Pages 133-155
Information Society: Statistical Profiles and Development Stages....Pages 157-174
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