Stanislaw Gomulka
Macroeconomic policies and achievements in transition economies, 1989-1999
Journal of European Economy, Volume 1, Issue 1, April 2002, pp. 5-23
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Yevhen Savelyev, Vitalina Kurylyak
New economy and models for its development in Ukraine
Journal of European Economy, Volume 1, Issue 1, April 2002, pp. 24-35
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Marco Benacchio, Laurent Guihery, Konstantin Komarov, Enrico Musso
Italian and French experience in Mediterranean and South European transport system: which relevance for Ukraine?
Journal of European Economy, Volume 1, Issue 1, April 2002, pp. 36-64
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Roland Eisen
The role of insurance in the transformation process — some general remarks and an example
Journal of European Economy, Volume 1, Issue 1, April 2002, pp.65-77
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Kiyoshi Abe
De-facto integration of East Asia compared with de-jure integration of the EU
Journal of European Economy, Volume 1, Issue 1, April 2002, pp. 78-94
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Despite many barriers, there has been a rise of intra-East-Asia trade. Japanese multinational companies are significant promoters of the defacto integration, enhancing local procurements and orchestrating the mutual-supply network throughout East Asia. All that a Southeast Asian country needs to do is to plug in the intricate production network led by the MNC. Market dynamics functions well in East Asia, whereas political decisions prevail in the EU. When Japanese MNCs relocate, so does their vertical relationship. Many informal business relationships are active and interwoven in East Asia unlike the EU.
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M. Peter van der Hoek
The economies in the Black Sea Region: how did they fare after the collapse of the Soviet Union?
Journal of European Economy, Volume 1, Issue 1, April 2002, pp. 95-102
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George M. Korres, George Polychronopoulos
Monetary policy in transition economies: a case study for Czech Republic, Hungary and Poland
Journal of European Economy, Volume 1, Issue 1, April 2002, pp. 103- 110
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In the past two decades there was an apparent effort of a number of East and Central European countries to stabilize their economies toward establishing a market economy and achieve sustainable economic growth. This paper is aimed to review and analyze the monetary policy and its effects on sustainable growth. In particular, it will examine the implementation of the monetary policy in three transition economies, namely Czech Republic, Hungary and Poland and its effects focusing on sustainable growth. Key words: Monetary policy, inflation, transition economies, convergence, stabilisation, liberalisation, sustainable growth. |
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Nicholas Tsounis
The Greek experience from the EU membership
Journal of European Economy, Volume 1, Issue 1, April 2002, pp. 111-124
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The paper presents further quantitative estimates of the trade and welfare effects of the entrance of Greece into the E.U. and formulates a tool for assessing the impact of the candidate countries’ accession to the E.U. Static and dynamic effects of the entrance of Greece into the EU are examined. Upon the examination of the static effects, it has been shown that there was a «net» trade creation of about 1.6 billion U.S dollars, which accounted for approximately 4.4% of the GDP produced in the year before the accession. It was also found out that 86% of the total trade creation was internal trade creation, while 84% of the total trade diversion was external trade diversion. These results accord with the theory of the customs union. As a result of examining the dynamic effects it has been found out that the entrance of Greece into the E.U. was mixed in the various sectors. It was found that for about two thirds of the examined sectors, the integration of Greece into the E.U. has been desirable. In general, however, the integration indexes found are very close to unity showing that the dynamic effects of the entrance of Greece into the E.U. have been minimal. Key words: Accession, Greece, EU, candidate countries. |
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Oleksandr Sharov
European stock market in the period of globalisation
Journal of European Economy, Volume 1, Issue 1, April 2002, pp. 125-135
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L. Baltserovych
Interview
Journal of European Economy, Volume 1, Issue 1, April 2002, pp. 136-137
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Oleksandr Sharov
The economy of Krynytsya
Journal of European Economy, Volume 1, Issue 1, April 2002, pp. 138-140
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