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Economic Convergence within the CEE and towards the EU

100%
Matkowski Z., Prochniak M.
Ekonomista
|
2005
|
issue 3
293-320
EN
The paper presents the analysis of economic convergence among 8 countries of CEE (new entrants to the EU) and the EU-15. The equalisation of income levels is measured by 'b' and 's' coefficients while the synchronisation of cyclical movements is analysed by the changes in the industrial production index and industrial confidence indicator based on survey data. The analysis covers the period 1993-2003. CEE countries reveal a marked convergence with the European Union, both as regards income levels and cyclical fluctuation. The CEE countries also show some convergence between themselves, particularly within the three subregional groups.Trade and capital links between the CEE countries and the EU have been already very strong. Therefore, we should not expect a significant acceleration of economic convergence just after their EU-accession. As compared with the other studies by now, this analysis shows a much stronger economic convergence between CEE and EU.
2

Naukovo-metodychni pidkhody do otsinky efektyvnosti ekonomichnoho mekhanizmu zabezpechennia staloho rozvytku rehioniv

100%
Kubatko O. V., Kubatko V. V.
Mekhanizm Rehuluvannya Economiky
|
2010
|
vol. 4 (48)
67-74
EN
It is analyzed in the paper the essence and main components of economic mechanism for sustainable development implementation. Two main criteria for the efficiency estimation of economic mechanism are proposed. The first criteria describe the relationships between economic growth and pollution, the second criteria analyses ecological and economic convergence on regional level. Specific actions are proposed to improve the environmental policy in Ukraine.
3

Instytucjonalne uwarunkowania konwergencji

100%
Łukasz J., Michał Gabriel W.
Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie
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2011
|
issue 867
5-29
EN
The aim of the article is to present the role of social capital, a model of capitalism and the international processes of economic integration in effecting cohesive institutional governance, which could significantly shorten the time to convergence of developing countries with developed ones. Institutional governance always grows out of a particular form of social capital, a particular model of capitalism and the willingness of economic entities to partake in international cooperation. Cohesion is possible in a given model of capitalism with its institutions if those institutions are oriented towards strengthening the competitive order of markets, complying with ownership rights and the rule of law. No less important are social norms that foster trust and the reduction of opportunistic practices. These norms prove key in limiting the transaction costs of cooperation when economic subjects intend to enter into cooperation lasting longer than a single transaction. Transparent information order demands that the tasks and responsibility for information taken by public organs and economic subjects be institutionalised. Addressing a lack of any institutional inconsistency that may stand in the way of entrepreneurship is also necessary. The rebuilding of social capital through the integration of public social groups for fighting both crisis and threats to integrated development cannot be accomplished without respect for these principles: the just division of the costs of the crisis and cross-generational justice, subsidiarity in anti-crisis policy and the optimal forms of protection to enable the proportion between household and private sector expenditures and public expenditures to develop.
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