The transition to a low-carbon economy requires an expansion in the production of clean energy technologies. Recent shifts in the European Union's industrial policy aim to boost local manufacturing and attract clean technology production to Europe. This paper uses a data-driven scenario approach...

This paper examines the state of innovation in Central, Eastern, and South-Eastern EU countries. Despite increased innovation capacity, the region faces significant challenges threatening its growth and competitiveness, including severe skills shortages, uneven productivity, and barriers to...

This study explores the role and enhancement of parliamentary capacities in the European Union (EU) enlargement process, focusing on the EU's evolving accession methodology and its emphasis on the 'fundamentals' approach. It examines the European Commission's criteria for 'functioning democratic...

EU enlargement has stalled since the last member joined over ten years ago, marking the longest period without expansion since 1973. This elapsed time contrasts with the potential income gains membership promises. Drawing on the biggest EU enlargement in 2004 and employing a synthetic...

Past trauma resulting from personal life shocks, especially during periods of particular volatility, such as regime transition (or regime change), can give rise to significant long-lasting effects on people's health and well-being. We study this question by drawing on longitudinal and...

Entrepreneurship is deeply rooted in tradition and culture in many countries; however, transitional market economies in Central and Eastern Europe (CEE) underwent 40-45 years of socialism, which disrupted these traditions by collectivising private property. Education is recognised as a key tool...

The capital markets are sensitive to geopolitical events. It is important to provide evidence of reactions to specific geopolitical events in order to identify general patterns and effective risk management strategies. This study follows the event study approach to assess the reactions of...

This paper examines how trade liberalization-induced labor demand shocks affect wages and non-wage working conditions. Using exogenous trade shocks from EU enlargement and worker-level data, we find that export liberalization increases temporary contracts and atypical work schedules,...

Past trauma resulting from personal life shocks, especially during periods of particular volatility such as regime transition (or regime change), can give rise to significant long-lasting effects on people's health and well-being. We study this question by drawing on longitudinal and...

The economic situation of farms is determined by a number of factors, which have been widely described in the literature. One factor is market integration, which shapes the farmer's position in the food supply chain. The involvement of farmers in the integration may be related to their social...

In recent years, the focus on state-owned enterprises (SOE) has returned. SOEs are an important part of the post-socialist countries that comprise Central and Eastern Europe (CEE). However, there are still no consistent findings on SOEs’ performance and dividend payouts, although the popular...

The Draghi Report recommended actions to secure the long-term EU competitive position but did not discuss the challenges related to specific countries or regional groups, including those of Central and Eastern European (CEE) countries. While CEE economies remain focused on manufacturing,...

This study rigorously examines the causality between banking development, economic growth, and income inequality using annual panel data for 13 Central Eastern European transition economies from 2000 to 2020. The Granger non-causality test of heterogeneous panels based on the Toda and Yamamoto...

The changing geopolitical situation in the European region has actualized the issues of further EU enlargement. As a result, the relevance of studying many aspects of the functioning economic systems of candidate countries has increased. In this context, the purpose of this article is to...

Die EU-Osterweiterung vor 20 Jahren markierte einen historischen Wendepunkt in Europa nach dem Fall der Berliner Mauer. Der Beitritt der zehn neuen Mitgliedsländer zur EU führte dort zu beeindruckendem wirtschaftlichen Wachstum, insbesondere in Polen, Tschechien und Slowenien. Die...

The aim of this study is to investigate the role of government interventions in lowering income inequality in post-communist economies of Central and Eastern Europe (CEE). The focus is set on three key policy instruments: progressive income taxation, social transfers, and minimum wage...

Objective: The main purpose of the research is to show that the Central and Eastern European (CEE) market is an essential component of the global stock market. It displays similar patterns to developed countries, and there is a special emphasis on information technology. Research Design &...

It is necessary for economies to transition to a circular economy (CE). What particularly inhibits the implementation of the CE in linear economies is market failures, whose theoretical principles are embedded in modern welfare economics and neoclassical economics. Market failures shape the...

Although not on track to meet climate targets, renewables for electricity production are rising globally, having reached nearly 30 percent of total electricity generation in 2022. Renewable energy - based electricity - including solar, wind, hydro, geothermal, and biomass - are mature,...

The EU countries are often compared with each other. However, it can sometimes be misleading to contrast small countries like Luxembourg or Malta with larger ones such as France or Poland. Analysing regional data can highlight disparities either across the EU or within individual countries, such...

The network of Higher Education Reform Experts (HERE) has been in existence since 2007, when it was part of the TEMPUS programme. Its role is to help build the capacity of higher education institutions in third countries not associated to the Erasmus+ programme in four neighbourhood regions: the...

The study explores how enlargement would affect the Cohesion Policy and the Common Agricultural Policy areas with a deep impact on local and regional authorities, as well as the allocation of European Structural and Investment Funds (ESIF) at regional and local level. Taking into account three...

The 10th edition of the Just Transition Platform (JTP) Conference took take place on 15-17 October 2024 in Brussels and online. Co-hosted by the Directorate-General for Regional and Urban Policy (DG REGIO) and the Directorate-General for Energy (DG ENER), this hybrid event brought together...

The EU faces challenges in keeping pace with the rapid technological developments of the 21st century while striving to align them with societal transitions and planetary boundaries. This Policy Brief argues that a proactive governance framework is essential to address the ethical, social,...

The eighth edition of the Just Transition Platform (JTP) Conference took place on 23-25 October 2023. Hosted by the Directorate-General for Regional and Urban Policy and the Directorate-General for Energy in co-operation with the European Committee of Regions, the hybrid event brought together...

The Central, Eastern and South-Eastern Europe (CESEE) Bank Lending Survey was developed in the context of the Vienna Initiative 2.0 and has been endorsed by the various participating institutions as an instrument for: monitoring cross-border banking activities and deleveraging in the region;...

The sixth edition of the Just Transition Platform (JTP) Conference took place on 24-26 October 2022. Co-hosted by the Directorate-General for Regional and Urban Policy (DG REGIO) and the Directorate-General for Energy (DG ENER), the hybrid event brought together over 1 000 registered...

The eighth edition of the Just Transition Platform (JTP) Conference took place on 23-25 October 2023. Hosted by the Directorate-General for Regional and Urban Policy and the Directorate-General for Energy in co-operation with the European Committee of Regions, the hybrid event brought together...

The sixth edition of the Just Transition Platform (JTP) Conference took place on 24-26 October 2022. Co-hosted by the Directorate-General for Regional and Urban Policy (DG REGIO) and the Directorate-General for Energy (DG ENER), the hybrid event brought together over 1 000 registered...

The impacts of climate change are significantly affecting the Europe and Central Asia (ECA) region, with high carbon emissions due to its heavy reliance on fossil fuels and energy-intensive economies. To transition to clean energy, substantial private and public investment and diverse policies...

Our study deals with interest rate pass-through for household and corporate deposits in the Central and Eastern European (CEE) region, focusing on the tightening cycle starting in the middle of 2021. This period is of particular interest for interest rate pass-through, as the sharp hikes by...

This study investigates the determinants of FDI to 12 transition economies in the Commonwealth of Independent States (CIS) by incorporating the market, institutional, and geographic factors, using panel data from 2002 to 2020. We analyze whether and how these factors differ across regions based...

On 1 January 2025, the Transit Agreement, which has provided political, commercial, technical and legal grounds for the transit of Russian gas across Ukraine during 2020-24, will expire. Once it happens – and if no extension or alternative transit arrangement are agreed – the transit will...