Faculty of Economics
Permanent URI for this communityhttps://repository.ukim.mk/handle/20.500.12188/9
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Item type:Publication, THE EFFECT OF INTRA-EU AND EXTRA-EU TRADE TO ECONOMIC GROWTH IN CENTRAL AND EASTERN EUROPE(Ekonomski fakultet-Skopje, UKIM, 2019)This paper estimates the different impact on economic growth of intra trade within EU and extra trade outside the EU for five countries from Central and Eastern Europe (Poland, Hungary, Slovenia, Slovakia and the Czech Republic). These countries have gained several benefits from their EU membership since 2004 by exploiting their huge potential. A main characteristic of the regional integration, such as the EU is the reduction/ removal of the tariff and non-tariff barriers, in order to increase trade among countries that can lead to faster economic growth. By separating the extra-EU trade flows from intra-EU trade flows and using cross-section fixed method, panel least squares for the period 2003-2017, this paper shows that trade within EU has significantly higher effect on the growth per capita, than trade with countries outside the EU in the sample CEE countries. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, ANALYSIS OF THE IMPACT OF ECONOMIC FACTORS UPON THE FDI INFLOW IN SEE AND CEE COUNTRIES(Publishing house of the University of Bialystok, Poland, 2019-12-25); ; ; Purpose – The goal of this paper is to explore the possible influence of certain economic factors over the FDI inflow in South-East European (SEE) countries and Central and Eastern European (CEE) countries. We compare the situation in 7 countries from the region of South-East Europe: Albania, Bosnia and Herzegovina, Croatia, Kosovo, Macedonia, Montenegro and Serbia and 7 countries from the region of Central and Eastern Europe: Bulgaria, the Czech Republic, Hungary, Poland, Romania, Slovenia, and Slovakia. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Debt or Wage-led Growth: the European Integration(Center for Economic Integration, Sejong University, 2016-06); Toshevska trpchevska, KaterinaThis study aims to outline the importance of increasing real wages in European Union member countries. Since the 1970s, the European Union’s original member countries (European Union-15) have pursued a neoliberal strategy, favoring exportled growth. This strategy was supposed to increase the European Union’s international competitiveness by reducing labor costs and encouraging investment as profits garnered a greater share of national income. Since the 1990s, the European Union’s newer members, primarily Central Eastern European countries, have pursued debt-led growth as European Union membership opened financial markets to foreign capital. Both strategies adopted wage moderation and both have been associated with weaker and more volatile growth alongside rising unemployment. We argue that the European Union should adopt a Keynesian demand-led growth model and raise real wages to generate higher effective demand, which is crucial for achieving growth in economies operating below full employment. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Influence of Trade and Institutions on Economic Growth in Transitional Economies: Evidences from Countries from Central and Eastern Europe and Western Balkans(Institute of economic sciences, Belgrade, Serbia, 2017)