After a long downturn, the economies of transition countries have bounced back with strong output growth and stable fiscal and monetary policies. The group ranges from large countries like Russia, with extensive resources to much smaller countries in Central and Eastern Europe. The change of...

The real euro area house price has increased steadily since 1997 reaching more than 6.5% in 2004 and 2005. The rise on its own is not as striking as the long lasting effect of the phenomenon. Indeed, it is the longest lasting house price increase ever experience in the euro area since data are...

Many reasons have been put forward explaining the rate of economic growth in developing countries. The aim of this dissertation is to investigate whether refugees and conflict help to explain Africa and other developing regions’ rate of economic growth. Economists, especially development...

Global change has become eminent in our everyday lives. Slowly, but noticeably, the faces surrounding us represent the international global community. Climate doomsday is as present as ethnical and religious controversy. The press reports how eastern German women to flee the catastrophic...

Chapter 1: Going Multinational: What are the effects on home market performance? A number of recent studies find evidence for the existence of a persistent performance gap between multinational enterprises (MNE) and their domestic competitors. This chapter investigates to what extent MNEs have...