Income inequality in post-communist
Central and Eastern European countries
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Authors: Sara ROSE, Crina VIJU
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Abstract: Income inequality has become
an important issue in Central and Eastern European
countries during their transition process. This study
constructs a model incorporating different categories of
factors that impact inequality and tests whether the
wealth of a country makes a difference in these
relationships. This article shows that different income
categories of Central and Eastern European transition
countries do experience different relationships between
income inequality and its contributing factors:
economic, demographic, political, and cultural and
environmental. The resulting Random Effects models of
the best fit incorporate economic and political factors
and show differences in magnitude, direction, and in
their significance. These findings add to the literature
by taking a cross-country and cross-income view on the
impact of various factors.
Keywords: Central and Eastern European
countries, income inequality, transition economies
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Pages: 5-19 |
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The instability of the European Union?
A quantitative approach
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Authors: Silviu Petru GRECU, Diana
MARGARIT
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Abstract: 2012 was the year when the
European Union (EU) has received the Nobel Peace Prize,
an honored and prestigious distinction. The aim of this
article is not to analyze the reason which led the
Norwegian Parliament to award it, but its possible
influence on the future evolution of the EU. This
statement is understood as the starting point of our
hypothesis that the EU has developed at such a level
that nothing could undermine it. Our research consists
in confirming this hypothesis from a quantitative
approach that will measure the twenty-seven EU
member-states, from 2007 until 2012, and their
representation according to six variables (indices).
Peace represents the dependent variable, while global
partnership, human development, rule of law, civil
rights, and democracy play the role of independent
variables. Because the fact that determined us to write
this paper was the Nobel Prize distinction awarded to
the EU, the main point of our research is peace and its
correlation with the other five elements. The results
prove that the most relevant connection is found between
peace and human development, even though the other ones
are not to be neglected either. The interpretation of
the results therefore focuses on peace and human
development, democracy and civil rights from a
theoretical point of view. In the end, peace in the EU
is the result of twenty-seven members' efforts and its
efficiency is real only to those states that are under
its umbrella.
Keywords: European Union, Nobel Peace Prize,
peace, human development, democracy
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Pages: 21-37 |
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Potential and challenges for the Black
Sea regional cooperation
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Authors: Galya VLADOVA, Jorg KNIELING
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Abstract: Since the
early nineties, the Black Sea region has witnessed
fundamental geopolitical changes and significant shifts
in its regional context and dynamics. In an attempt to
react to the altered circumstances after the collapse of
the Soviet Union and to address an increasing number of
common challenges, the Black Sea states have jointed
efforts in various regional cooperation activities.
Throughout the years, the Black Sea cooperation has
evolved with different speed and success, reflecting the
difficult regional circumstances and attracting
increasing external involvement. Today, more than twenty
years after the first cooperation activities have been
launched, the Black Sea cooperation is still shadowed by
persisting historical rivalries, unrecognized
territorial entities, 'frozen conflicts' and security
threats. As a result, despite the many pressing problems
of regional character, the cooperation efforts are
currently showing rather limited outcomes. Seen against
this background, the current paper presents a study of
the main challenges and the existing potential for
further development of the Black Sea regional
cooperation.
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Keywords: regional cooperation, Black
Sea area, sector-based approach, variable geometries
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Pages: 39-66 |
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Territorial cohesion and regional
development in the context of EU integration - the case of
Macedonia
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Authors: Slavica ROCHESKA, Marjan
ANGELESKI, Marijana MILEVSKA, Olivera KOSTOSKA
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Abstract: The
strategic orientation and candidate status for accession
to the European Union clearly point toward the country's
European perspective. In this context, strengthening the
territorial cohesion and balanced regional development
become crucial for convergence with the EU integration
process. Hence, this paper aims at a) disclosing the
regional disparities of the country; b) identifying the
state of situation in the field of territorial
cooperation; c) perceiving potentials for the efficient
use of the territorial resource. Secondary data of the
last five years, the Official Journal and the Bureau for
balanced regional development are used in order to
assess the changes in disparity between the eight
planning regions in Macedonia while implementing the new
policy for balanced regional development. We provide
testing for the correlation between the changes in
development indices for the two consecutive periods and
funds allocated for regional projects during the
five-year policy implementation phase.
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Keywords: territorial cohesion,
regional development, EU integration
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Pages: 67-77 |
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Mortgage lending and house prices in
Albania - a co-integrated analysis based on VECM
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Author: Erjona REBI
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Abstract: The general
view that the banks' lending plays a crucial role in the
real estate market was again confirmed during the recent
financial crisis. During the pre-crisis period, house
prices in Albania increased rapidly, supported also by a
fast expansion of mortgage lending. This study aims to
empirically analyse the relation between housing prices
and banks' financing in the long run, referring to a
VECM model. The estimated results confirm the important
role of mortgage to house prices. Meanwhile, the
relation between house prices and interest rates
resulted statistically insignificant. Unlike the
previous literature, exchange rate has been included as
an endogenous variable. Results show positive
correlation and statistical significance between house
prices and exchange rate. Finally, this paper is
expected to contribute to the literature as there are
very few studies that elaborate on the macroeconomic
factors' influence on the housing prices in Albania.
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Keywords: housing price, bank
financing, VECM, country experience Albania
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Pages: 79-98 |
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Education and labour market outcomes in
Romania
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Author: Laura DIACONU MAXIM
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Abstract: Education
plays a central role in preparing individuals to enter
the labour market, by offering them the opportunity to
improve and increase their amount of knowledge, skills
and abilities. Considering this aspect, the purpose of
our study is to identify and analyse the relationship
that exists between the educational stock, as a measure
of the quality, quantity and availability of human
resources, and the labour markets' outcomes in Romania.
In order to reach this goal, we have conducted an
analysis of the secondary data offered by the
specialized literature. These secondary sources included
various statistical yearbooks and reports, as well as
different scientific researches. The results of our
study show that, in Romania, the level of education is
positively linked not only to the employment rate but
also to the income level.
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Keywords: education, labour market,
employment rate, income level
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Pages: 99-112 |
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The EU-UN cooperation for
maintaining international peace and security
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Author: Anna YAMCHUK
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Abstract: The
prevention of conflicts and keeping peace appear to be
not an easy task. Violent conflicts still break out
while some situations remain quite fragile, threatening
to create serious regional problems. The United Nations
uses a wide range of actions in order to ease tensions
and insure the peaceful settlement of crises. Regional
organizations cannot be left aside of these processes as
well, since in the modern world of interdependence,
responsibilities are shared. The European Union has been
actively engaged in conducting peace operations since
2003. Naturally, these actions require cooperation with
the UN. The peace process in the 21st century requires a
thoughtful approach, financial means and significant
human resources in order to be successful. The EU and
the UN can benefit from joining efforts since working
together might ease some difficulties in keeping peace
that otherwise an organization has to face by standing
alone.
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Keywords: peace operations, crisis
management, military operations, Security and Defence
Policy
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Pages: 113-129 |
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The Eastern Partnership as an
expression of the European Neighbourhood Policy: reinforcing the
European normative power with the Eastern partners
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Author: Giorgiana MARTÍNEZGARNELO Y
CALVO
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Abstract: This study
reflects the normative power of the European Union, with
an emphasis on the European Neighbourhood Policy,
specifically on the Eastern Partnership. It takes into
consideration that the leadership of this policy is the
Commission, but it is affected by the implementation of
the Lisbon Treaty. Relevant changes have focused on
Georgia and Moldova, highlighting the thematic platforms
which have become fundamentals of approach to the acquis
communautaire of the European Union. It also emphasizes
some advances in sense, as the Parliamentary Assemblies
Programmes focuses on energy and even beyond it, on free
trade areas. It is also known that the Budget is not
supported by every Member State of the EU, however
agreements continue between the EU and the EP
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Keywords: Eastern Partnership,
European Union, European Neighbourhood Policy, European
Commission
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Pages: 131-143 |
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Culture, politics, and
identity. An analysis of the European Idea Review 1919 - 1928
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Author: Aura Carmen SLATE
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Abstract: Incipient forms of the
Europeanist movement could be traced back in the
Romanian history of the 20th century. The present study
focuses on the European Idea Review, one of the most
important publications of the interwar period. After
closely examining the Review, commencing with the year
1919, and completing with the issues of 1928 as the last
ones of its release, I concluded that four were
extremely intriguing and captivating, and comprised the
most debated themes that evolved in the Review. These
themes relate to the post-war Europe, the Romanian
culture and politics, the challenges in terms of the new
international system architecture, the European unity
project. I reached the conclusion that the Review had an
informative and formative role in the Romanian society,
and was a well-praised and popular initiative of a
remarkable, culturally prodigious personality of
European descent, Constantin Rădulescu-Motru.
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Keywords: European Idea, culture,
politics, Europeanist movement, interwar Romania
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Pages: 145-171 |
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BOOK REVIEW:
The
European Neighbourhood Policy in perspective: context,
implementation and impact / Edited by Richard G. Whitman, Stefan
Wolff, Palgrave studies in European Union Politics
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Author: Nadiia BUREIKO
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Pages: 173-177 |
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