The Political Economy of the Eurozone in Central and Eastern Europe

The Political Economy of the Eurozone in Central and Eastern Europe
Author: Krisztina Arató
Publisher: Routledge
Total Pages: 252
Release: 2021-06-30
Genre: Political Science
ISBN: 042953700X

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The idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown persistent reluctance. Moreover, the attitudes towards joining have seemingly not correlated with either the level of economic development or the time spent as part of the EU, nor with any other rational reason such as the level of integration into the EU real economy, or the level of trust in the EU on the part of the public. Therefore, at first sight, the answer to the question ‘why in, why out?’ remains rather unclear. The attractiveness of the currency union has nevertheless not disappeared for the CEE countries. Despite the Eurozone crisis of 2010–13, it was during that time that the Baltic states introduced the euro. Then, after a few years of inactivity, Croatia and Bulgaria successfully applied for membership of the exchange rate mechanism in July 2020, amid the economic crisis caused by the coronavirus (COVID-19) pandemic. At the same time, the three Visegrad countries still using their national currencies – Poland, Czechia and Hungary – no longer have a target date to join the monetary union. This volume aims to discuss these issues from horizontal aspects and through country studies, with contributions from expert authors from, or closely related to, the CEE region.

The Political Economy of Transition in Central and Eastern Europe

The Political Economy of Transition in Central and Eastern Europe
Author: Jens Bastian
Publisher: Routledge
Total Pages: 161
Release: 2019-06-04
Genre: Business & Economics
ISBN: 0429797230

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First published in 1998, this volume contributes to the debate after the fall of the Soviet Union on the transition of Eastern European, former Soviet countries to a market economy. The transition was an enterprise as daring in practice and historically unprecedented as it is an analytical laboratory subject to constant reflection. The first two chapters address foreign direct investment in Central and Eastern European countries. The rebuilding of social insurance systems is then addressed, with a focus on state pension schemes. The subsequent two chapters examine the political and demographic features of transition countries, highlighting media reform as a key aspect for the consolidation of a democratic, law-based, market economy and society. Focus then turns to Poland, the country which is considered to display the most progress in the political economy of transition. Finally, the controversial issue of the electoral successes of former Communist parties in Central and Eastern Europe is discussed.

Deficit and Debt in Transition

Deficit and Debt in Transition
Author: Istvan Benczes
Publisher: Central European University Press
Total Pages: 245
Release: 2014-09-01
Genre: Business & Economics
ISBN: 963386058X

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The adjustment problems of public finance in countries of Central and Eastern Europe (CEE) are often misunderstood and misinterpreted by western scholars. This book contributes to the bridging of the gap between what is being thought by external observers and what the actual public finance reality is, as described by competent local scholars. Popular political economy research has remained biased towards advanced countries and has neglected developing and transition economies. Publications on CEE countries? public finances seem to be reluctant to apply the conceptual framework of standard political economy to these countries because of the assumption that CEE economies are different from their Western peers. But is this really the case? Are CEE economies so much different that none of the well-known ?Western? political economy concepts or models can be applied to the analysis of fiscal performance in the region? Benczes demonstrates that they can be safely applied in the context of CEE economies as well. He sees no need to develop a separate or unique theory designed for the study and understanding of (one-time) transition economies. ÿ

Transformation and Crisis in Central and Eastern Europe

Transformation and Crisis in Central and Eastern Europe
Author: Bruno Dallago
Publisher: Routledge
Total Pages: 464
Release: 2016-05-05
Genre: Business & Economics
ISBN: 1317625234

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The global financial crisis has provided an important opportunity to revisit debates about post-socialist transition and the relative success of different reform paths. Post-communist Central and Eastern Europe (CEECs) in particular show resilience in the wake of the international crisis with a diverse range of economic transformations. Transformation and Crisis in Central and Eastern Europe offers an in depth analysis of a diverse range of countries, including Poland, Hungary, Russia, Ukraine, Czech Republic and Slovakia. This volume assesses each country’s institutional transformations, geopolitical policies, and local adaptations that have led them down divergent post-communist paths. Chapters take the reader systematically through the evolution of former communist national economic systems, before ending with lessons and conclusions for the future. Subsequent chapters demonstrate that economic performance crucially depends on achieving a sustainable balance between sound institutional design and policies on one hand, and localization on the other. This new volume from a prestigious group of academics offers a fascinating and timely study which will be of interest to all scholars and policy makers with an interest in European Economics, Russian and East European Studies, Transition Economies, Political Economy and the post-2008 world more generally.

The Political Economy of the Eurozone

The Political Economy of the Eurozone
Author: Ivano Cardinale
Publisher: Cambridge University Press
Total Pages: 589
Release: 2017-10-12
Genre: Business & Economics
ISBN: 1107124018

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This book proposes a new way of thinking about the Eurozone, exploring the overlap between its economic and political interdependencies.

Political Economy of Reform and Change (Routledge Revivals)

Political Economy of Reform and Change (Routledge Revivals)
Author: Jan Winiecki
Publisher: Routledge
Total Pages: 177
Release: 2013-04-03
Genre: Business & Economics
ISBN: 1136462430

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First published in 1997, this collection of articles and essays analyses the political economy of reform and change in Eastern Europe during the years of Gorbachev’s perestroika and the years immediately following the fall of the Berlin wall and the collapse of the Soviet Union. Written by Polish economist Jan Winiecki, between 1984 and 1996, this work explores the issue of the feasibility of reform and change during the period of decline and collapse of communist economic order and, later, the emergence of the capitalist economic order in the post-communist Eastern Europe. Split into three parts, the work considers firstly the failures of Gorbachev’s political economy of reform, secondly the determining factors in the collapse of the Soviet system, and finally the feasibility of the systematic change which began in the wake of its collapse.

Central and Eastern European Media in Comparative Perspective

Central and Eastern European Media in Comparative Perspective
Author: John Downey
Publisher: Routledge
Total Pages: 212
Release: 2016-04-15
Genre: Business & Economics
ISBN: 1317168976

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Appearing more than twenty years after the revolutions in Central and Eastern Europe, this book could not have come at a more appropriate time; a time to take stock not only of the changes but also the continuities in media systems of the region since 1989. To what extent are media institutions still controlled by political forces? To what extent are media markets operating in Central and Eastern Europe? Do media systems in Central and Eastern Europe resemble media systems in other parts of Europe? The answers to these questions are not the same for each country in the region. Their experience is not homogeneous. An international line up of distinguished experts and emerging scholars methodically examine the different economic, political, cultural, and transnational factors affecting developments in media systems across Central and Eastern Europe. Whereas earlier works in the media system tradition have, in the main, adopted the political framework of comparative politics, the authors argue that media systems are also cultural and economic institutions and there are other critical variables that might explain certain outcomes better. Topics discussed range from political economy to gender inequality to the study of ethno-cultural diversity. This unmatched volume gives you the unique opportunity to study the growing field of comparative media analysis across Eastern and Western Europe. A valuable resource that goes beyond the field of media and cultural analysis which media scholars as well as to area specialists should not go without!

Economics of Institutional Change

Economics of Institutional Change
Author: Elodie Douarin
Publisher: Springer
Total Pages: 333
Release: 2017-10-24
Genre: Political Science
ISBN: 3319654748

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This book, a third edition, has been significantly expanded and updated. It revisits the process of institutional change: its characteristics, determinants and implications for economic performance. New chapters address the significance of Post-Communist transition, the differences and importance of initial conditions in institutional building, and, social norms, values, and happiness. Other chapters have been expanded to include, for example, a focus on the Washington consensus, commentary on the 2008 financial crisis, state capacity and corruption, and new findings on redistribution and inequality. With specific focus on Central Europe, Eastern Europe and Central Asia, this revised edition examines the process of development, and its interdependence with institutions.

The New Political Economy of Emerging Europe

The New Political Economy of Emerging Europe
Author: László Csaba
Publisher: Akademiai Kiads
Total Pages: 408
Release: 2007
Genre: Political Science
ISBN:

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In this second, revised, and extended edition, the evolution of emerging Europe is analyzed against the background of major changes in the constitutional, fiscal, regional, and neighborhood policies of the European Union. The book provides an overview of the economic challenges in the post-transition period when the Communist past is no longer a defining feature of development. Interpreting successes and failures in a single analytical frame, the book is devoted to the new agenda faced by middle income countries in the double challenge of globalization and Europeanization. It analyzes if, when, and to what degree joining the European Union provides a solution, and how new members can contribute to the Lisbon Strategy of the EU. The book finds that solid finances, reliance on foreign direct investment, public policies committed to the public purpose rather than to vested interest, and impartial regulation and enforcement of rule of law are among the major components of success. It also