scholarly journals The strategy of direct inflation targeting – experiences of the countries of Middle-East Europe

Equilibrium ◽  
2009 ◽  
Vol 3 (2) ◽  
pp. 39-49
Author(s):  
Dorota Zbierzchowska
Keyword(s):  
Czech Republic ◽  
Middle East ◽  
Empirical Analysis ◽  
Inflation Targeting ◽  
European Countries ◽  
Eastern European ◽  
East Europe ◽  
Theoretical Assumptions ◽  
Eastern European Countries

This paper aims at presenting theoretical assumptions of the strategy of direct inflation targeting as well as profits and potential threats stemming from the acceptance of that strategy. Empirical analysis compares the results of implementation of the BCI strategy in the Central and Eastern European countries (Poland, Czech Republic, Romania, Slovakia, Hungary).

A Mistrustful Society?

2020 ◽  
Vol 10 (2) ◽  
pp. 52-71
Author(s):  
Nicole Horáková
Keyword(s):  
Czech Republic ◽  
Empirical Data ◽  
European Countries ◽  
Eastern European ◽  
The Czech Republic ◽  
State Institutions ◽  
Government Institutions ◽  
European Values ◽  
European Values Study ◽  
Eastern European Countries

The level of trust in politicians also in government institutions is taken as an indicator of the state of society in general. Various studies have shown that the population of the Central Eastern European countries, and especially the citizens of the Czech Republic, lack trust in state institutions and democratic structures. The trust of the Czech population in government institutions is, compared to other (Western) European countries, at a relatively low level. This article aims to discuss different factors that are currently influencing this lack of trust: the historical, cultural, and institutional. The empirical data for this article is based on the European Values Study and Czech surveys of public opinion concerning trust in government institutions.

An Empirical Analysis of the Output Declines in Three Eastern European Countries

1993 ◽  
Vol 40 (1) ◽  
pp. 1 ◽  
Author(s):  
Eduardo Borensztein ◽  
Dimitri G. Demekas ◽  
Jonathan D. Ostry
Keyword(s):  
Empirical Analysis ◽  
European Countries ◽  
Eastern European ◽  
Eastern European Countries

On the Issue of Relations between the E.U. and Eastern European Countries

2009 ◽  
Vol 5 (1) ◽  
Author(s):  
Vytautas Radvilas
Keyword(s):  
The Other ◽  
European Countries ◽  
Practical Approach ◽  
Eastern European ◽  
Dominant Model ◽  
Recent Discussion ◽  
Member States ◽  
East Europe ◽  
Interaction Terms ◽  
Eastern European Countries

The aim of this article is to review and evaluate the condition and the development perspectives of the relations between the E.U. and its Eastern neighbors. The problem is analyzed in the context of the recent discussion on the “Broader Europe" concept. The current dominant model of the relations between the E.U. and Eastern European countries is described in the article using the “circular discourse" and “circular interaction" terms. This article is aimed to reveal the initial theoretical and geo/political preconditions that helped this model to become the dominant theoretical and practical approach in the field of E.U.–East Europe relations, to uncover the logics of its functioning and the implications of its realization to Lithuania and the other new E.U. member states.

scholarly journals Susceptibility to smoking and associated factors among the youth in central and eastern European countries. 

2021 ◽  
Author(s):  
Kinga Polanska ◽  
Malgorzata Znyk ◽  
Dorota Kaleta
Keyword(s):  
Czech Republic ◽  
Young People ◽  
Passive Smoking ◽  
Smoking Initiation ◽  
European Countries ◽  
Eastern European ◽  
The Czech Republic ◽  
Susceptibility To Smoking ◽  
Eastern European Countries ◽  
Smoking Susceptibility

Abstract Background Tobacco use among young people still remains a major public health problem. The aim of this study was to examine the association between a variety of factors and susceptibility to smoking initiation and experimentation among the youth from central and eastern European countries. Methods The data used in the current analysis, focusing on current non-smokers, is available from the Global Youth Tobacco Survey, which was performed in five countries (the Czech Republic (2016), n = 3191; Slovakia (2016), n = 3178; Slovenia (2017), n = 2255; Romania (2017), n = 4681; Lithuania (2018), n = 2260). Results Among the never smokers, nearly a quarter of the students were susceptible to smoking in 4 of 5 countries (16% of those susceptible to smoking were identified in Romania). Moreover, 60% of the students in the Czech Republic, Slovakia and Slovenia, and about 50% of the students in Lithuania and Romania were found to be vulnerable to smoking experimentation (an analysis among ever smokers). The multiple regression models provided results that are consistent among all the examined countries, with the following factors identified as significant correlates of smoking initiation and experimentation: being girls, having more money available for own expenses, experiencing exposure to passive smoking in public places, as well as indicating peer smoking. Moreover, adolescents who have declared lack of antismoking education and knowledge on harmful effects of passive smoking, those who saw people using tobacco on TV, in videos or in movies as well as advertising of tobacco products at point of sales were susceptible to smoking. Finally, the students who shared an opinion that smoking helped people feel more comfortable at celebrations, parties or in other social gatherings were at higher risk of smoking susceptibility. Conclusions A high proportion of the youth from central and eastern European countries is susceptible to smoking. Personal and social factors and those related to educational and policy issues were strongly and consistently correlated with smoking susceptibility. These factors should be considered when designing and implementing anti-smoking activities among young people.

scholarly journals Psychiatry and geriatric psychiatry in Romania

2005 ◽  
Vol 2 (7) ◽  
pp. 12-15 ◽  
Author(s):  
Nicoleta Tataru
Keyword(s):  
Middle East ◽  
Geriatric Psychiatry ◽  
European Countries ◽  
Western World ◽  
Eastern European ◽  
Iron Curtain ◽  
Eastern European Countries

Romania is now in a period of transition from communism to democracy. Geographically, Romania, like other Eastern European countries, is on the border between the Western world and the Middle East and Asia; until December 1989 it was behind the ‘Iron Curtain’.

scholarly journals Exchange Rate Volatility, Currency Misalignment, and Risk of Recession in the Central and Eastern European Countries

Risks ◽  
2021 ◽  
Vol 9 (5) ◽  
pp. 82
Author(s):  
Victor Shevchuk ◽  
Roman Kopych
Keyword(s):  
Exchange Rate ◽  
Czech Republic ◽  
Economic Freedom ◽  
Exchange Rate Volatility ◽  
European Countries ◽  
Eastern European ◽  
The Czech Republic ◽  
Heritage Foundation ◽  
The Business Cycle ◽  
Eastern European Countries

This study is aimed at estimation of the exchange rate volatility and its impact on the business cycle fluctuations in four central and eastern European countries (the Czech Republic, Hungary, Poland, and Romania). Exchange rate volatility is estimated with the EGARCH(1,1) model. It is found that exchange rate volatility is affected by the components of the Index of Economic Freedom from the Heritage Foundation, besides inflation and crisis developments. The empirical results using GMM estimation technique and comprehensive robustness checks suggest that exchange rate volatility reduces the risk of recession in the Czech Republic while the opposite effect is found for Hungary and Romania, with a neutrality for Poland. These findings continue to hold after controlling for the fiscal and monetary policy indicators. There is evidence that the RER undervaluation prevents sliding into a recession on a credible basis in Poland only, with a neutral stance for other countries. Except in Romania, higher levels of economic freedom is associated with worsening of the cyclical position of output. Among other results, stabilization policies in the recession imply fiscal tightening for the Czech Republic and Romania, higher money supply for the Czech Republic and Poland, and lower central bank reference rate for Hungary.

scholarly journals Does politics matter in the conduct of fiscal policy? Political determinants of the fiscal sustainability: Evidence from seven individual Central and Eastern European countries (CEEC)

2007 ◽  
Vol 54 (4) ◽  
pp. 489-500 ◽  
Author(s):  
Srdjan Redzepagic ◽  
Matthieu Llorca
Keyword(s):  
Czech Republic ◽  
Fiscal Policy ◽  
Ordinary Least Squares ◽  
Fiscal Sustainability ◽  
European Countries ◽  
Eastern European ◽  
The Czech Republic ◽  
Baltic Countries ◽  
Political Determinants ◽  
Eastern European Countries

This paper aims at assessing the fiscal sustainability and its political determinants in seven Central and Eastern European Countries (CEEC), namely Estonia, Latvia, Lithuania, Poland, Slovenia, Slovakia and the Czech Republic. First, using the recent sustainability approach of Bohn (1998) based on fiscal reaction function, econometric findings using Ordinary Least Squares (OLS) reveal a positive response of the primary surplus to changes in debt in several countries. In other words, fiscal policy is sustainable in Baltic countries, Slovenia and Slovakia, but not in Poland and in the Czech Republic. Second, by introducing political dummy variables, we test the electoral budget cycle and the partisan cycle theories. We find the presence of electoral and partisan cycle in Poland but not in the rest of our countries.

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