Tags → SEE


Regulatory Governance In South East European Countries: Progress And Challenges
May 15, 2007 09:50

This report of the Regulatory Governance Initiative (RGI) provides an assessment on the progress of regulatory governance reforms in South East Europe (SEE), and the remaining reform challenges.

Regional Free Trade Agreements of Bosnia and Herzegovina: analysis and policy recommendations
May 15, 2007 09:54

This report analyses the functioning of free trade agreements (FTAs) signed by Bosnia and Herzegovina (BiH) with its regional partners in the SEE Stability Pact process (Albania, Bulgaria, Croatia, Macedonia, Moldova, Romania, and Serbia and Montenegro). The objective of the study, as defined by the EPPU, was to formulate policy conclusions on enhancing the effectiveness of these FTAs.

Southeast European Monitor
May 15, 2007 09:54

The paper is a monthly publication on socio-economic and political development issues in eight Southeast European countries: Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Former Yugoslav Republic of Macedonia, Montenegro, Romania and Serbia.

Southeast European Monitor
May 21, 2007 13:44

The paper is a monthly publication on socio-economic and political development issues in eight Southeast European countries: Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Former Yugoslav Republic of Macedonia, Montenegro, Romania and Serbia.

Southeast European Monitor
May 21, 2007 13:44

The paper is a monthly publication on socio-economic and political development issues in eight Southeast European countries: Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Former Yugoslav Republic of Macedonia, Montenegro, Romania and Serbia.

Southeast European Monitor
May 15, 2007 09:54

The paper is a monthly publication on socio-economic and political development issues in eight Southeast European countries: Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Former Yugoslav Republic of Macedonia, Montenegro, Romania and Serbia.

Southeast European Monitor
May 15, 2007 09:54

The paper is a monthly publication on socio-economic and political development issues in eight Southeast European countries: Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Former Yugoslav Republic of Macedonia, Montenegro, Romania and Serbia.

Attracting Private Investment: Putting the Policy Frameworks in Place: Experiences from Slovenia and South East Europe
May 15, 2007 09:54

The current paper aims at making some policy suggestions for increasing FDI flows in SEE, to outline key issues in attracting investors and highlighting the importance of intra-regional investment and business development.

The Basic Characteristics and Trends in the Development of the Banking Sector in South-East European Transition Countries
May 15, 2007 09:54

The aim of this paper is to present the main characteristics of the hitherto development of the banking sector in the SEE countries and, by analyzing the basic indicators of the current performance of commercial banks in these countries in comparison with the CEE countries, to point to the further measures that should be implemented in order to improve the functioning of the banking system.

Regulatory Governance in South East European Countries: Progress And Challenges
May 15, 2007 09:54

This report of the Regulatory Governance Initiative (RGI) provides an assessment on the progress of regulatory governance reforms in South East Europe (SEE), and the remaining reform challenges.

European Social Models and Growth: where are the Eastern European countries heading for?
May 15, 2007 09:54

The author of the papеr argues that for the Eastern European countries a single European Social Model does not exist.

East: ’if countries don’t act now, it’s going to be too late’
May 15, 2007 09:54

The publication is an interview with Gordon Betcherman, World Bank economist, who warns that if governments in Eastern Europe and the former Soviet Union will not institute reforms, they will face economic crisis because their populations are rapidly aging and shrinking at the same time.

Spotlight on south-eastern Europe
May 15, 2007 09:54

South-eastern Europe (SEE) is today a region of opportunity and potential, but obstacles to private sector development such as a weak investment climate, lack of access to finance and insufficient investment and trade opportunities must be overcome to ensure the region's long-term prosperity.

What drives growth in the transition countries?
May 15, 2007 09:54

Economic growth has varied widely across the transition countries since 1989. Central Europe has generally performed better than south-eastern Europe, which in turn has out-performed Russia, Ukraine and the other members of the Commonwealth of Independent States (CIS). But what accounts for these differences? And what has been the role of institutions?

Transition and international integration in eastern Europe and the former Soviet Union
May 15, 2007 09:54

This paper investigates the extent of integration of the transition economies into the world economy. We find that south-eastern Europe (SEE) and the Commonwealth of Independent States (CIS) trade significantly less with the world economy than the accession countries. We use a gravity model to explain why this is the case and conclude that the low quality of economic institutions in the CIS, and hence the high risks associated with trade, explain a considerable proportion of the “trade gap” compared to trade levels in industrialised countries. Moreover, the landlocked nature of many CIS countries (and hence high costs of transport and transit) is another reason for the lack of integration. In SEE these factors play a lesser role and the gravity model is unable to fully explain the lack of integration, which we suggest is a legacy of the region’s recent turbulent past. The paper suggests that a combination of improved market access to western markets and efforts to reduce trade and transit barriers within the region provide the best hope to increase economic integration with the world economy in the future.

Bridging the gaps? Private sector development, capital flows and the investment climate in south-eastern Europe
May 15, 2007 09:54

This paper provides an overview of private sector activity and investment in south-eastern Europe (SEE). The importance of the private sector is growing in all countries of the region. The private sector is dominated by small and medium-sized enterprises (SMEs) and much economic activity takes place in the untaxed informal sector. Lack of finance is a key constraint for enterprises. Foreign inflows, therefore, play a crucial role in providing a source of finance for new investment.

Foreign direct investment financing of capital formation in central and eastern Europe
May 16, 2007 14:41

This paper looks at the relation between foreign direct investment (FDI) and gross fixed capital formation in transition countries as well as other sources of capital formation financing, namely debt financing, capital market financing and subsidies. The paper shows that capital formation is positively associated with FDI, along with domestic debt and capital market financing, but negatively correlated with stock market liquidity.

Financial structures to promote private sector development in south-eastern Europe
May 16, 2007 14:41

This paper investigates the extent to which the financial sector in south-eastern Europe (SEE) responds to the needs of the local private sector. It does so through an analysis of the sources of finance used by enterprises when making fixed investments, and by looking at the level of banking intermediation and the (lack of) development of the non-banking financial sector. Enterprises in SEE are found to rely mainly on internal funds to finance expansion.

Social capital in transition: a first look at the evidence
May 16, 2007 14:41

This paper provides what we believe to be the first collection of data on social capital in the transition countries of central/eastern Europe and of the former Soviet Union. Using data from the World Values Survey 1990 and 1995 we document the degree of trust and of civic participation and find that these indicators of social capital are significantly lower than in OECD countries (Organisation for Economic Cooperation and Development). The paper also provides a preliminary investigation of the link between social capital and growth during transition.

Ten years after: what is special about transition countries?
May 16, 2007 14:41

Most countries commonly classified as ‘in transition’ are still recognisably different in some respects from other countries with a similar income per capita: a larger share of their workforce is in industry, they use more energy, they have a more extensive infrastructure and invest more in schooling. However, in terms of the ‘software’ necessary for a market economy, two groups emerge: the countries that are candidates for EU membership seem to have partly completed the transition. By contrast, the countries from the former Soviet Union that form the CIS and the South-eastern European (SEE) countries, are still largely lagging behind in terms of the enforcement of property rights and the development of financial markets.