scholarly journals Consequences of Employing Different Exchange Rate Regimes in the Situation of Financial Crisis on the Example of Central-Eastern European Countries

Equilibrium ◽  
2010 ◽  
Vol 4 (1) ◽  
pp. 37-49
Author(s):  
Dorota Zbierzchowska
Keyword(s):  
Exchange Rate ◽  
Financial Crisis ◽  
Eastern Europe ◽  
Exchange Rate Regimes ◽  
European Countries ◽  
Eastern European ◽  
Negative Consequences ◽  
Central Eastern Europe ◽  
Central Eastern ◽  
Eastern European Countries

It is characteristic for the countries of Central-Eastern Europe to employ a great variety of exchange rate regimes: by resigning from their own currency and participating in monetary unions through the systems of currency board arrangement; by employing the systems of conventional fixed pegged arrangements; and by the floating systems. In the situation of global financial crisis and liberalization of capital flow in the Central-Eastern Europe countries profits and dangers of using certain solutions in the scope of exchange rate are clearly visible. The aim of this paper is to present theoretical profits and costs of utilizing various kinds of exchange rate regimes and their consequences for the autonomy of monetary policy. The paper also compares contemporary economical situation of the Central-Eastern European countries, what allows the author to indicate those countries, where the limitations stemming from the accepted system of exchange rate had negative consequences for the condition of their economy in general.

scholarly journals Expected features and the behavior of talented leaders in the three sectors of the Polish economy in context with other Central-Eastern European Countries

2014 ◽  
Vol 6 (4-1) ◽  
pp. 81-100 ◽  
Author(s):  
Łukasz Haromszeki
Keyword(s):  
Eastern Europe ◽  
International Research ◽  
Eastern European ◽  
Organizational Leaders ◽  
Central Eastern Europe ◽  
Central Eastern ◽  
Polish Economy ◽  
Eastern European Countries ◽  
And Behavior ◽  
Leadership Research

Abstract In this article the author attempts to analyze the expected features and behavior of talented leaders existing in the three sectors of the Polish economy according to presented literature the meaning of talent. The author presents confrontation between the most popular ways to explore talented individuals connected with IQ tests and a more adequate solution based on a practical approach. The in-depth diagnosis of the problems presents the basic expectations of employees towards organizational leaders in the three sectors of the Polish economy - public, private and NGO. The formulated questions in this article are appropriate for the needs of the first stage of leadership research. The conducted study shows expectations of employees from the last 23 years since the transformation of Poland and the 6 to 8 years since ISO standards were implemented in different Polish organizations and European Funds have supported Polish entrepreneurs and their personnel. In this article it also shows the results of international research about expectations of employees and future managers towards organizational leaders in different countries in Central-Eastern Europe.

scholarly journals STRATEGY FOR MANAGING BANKING SYSTEMS IN CENTRAL AND EASTERN EUROPE COUNTRIES UNDER GLOBALIZATION

2021 ◽  
Vol 14 (27) ◽  
Author(s):  
Nenad Vunjak ◽  
Milan Radaković ◽  
Miloš Dragosavac
Keyword(s):  
Financial Crisis ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Developed Countries ◽  
Corporate Identity ◽  
Capital Adequacy ◽  
European Countries ◽  
Eastern European ◽  
The World ◽  
Eastern European Countries

The financial crisis has adversely affected all the countries of the world in the conditions of globalization with different intensity, no matter if it is higher or lower level of development and different economic structures. In the context of globalization in the countries in transition, the banking system was reformed, thus creating a new financial market. The International Monetary Fund has taken an active part in the transition process of Eastern European countries by providing advice and approving financial arrangements. Developed countries of the world have implemented measures of non-standard monetary policy to overcome the global financial crisis. In some parts of Central and Eastern Europe, in addition to the general corporate identity (bank name, abbreviated name, trademark and slogan of the bank), the countries also applied qualitative features of the bank's corporate identity (image, reputation and goodwill). As they enter the 21st century, banks in developed countries are increasingly emphasizing the corporate culture and style of business of the bank. In the practice of banks, the following performances are most often present: financial, marketing, performance management, employee performance, business philosophy, reputation and the image of the bank. The banks' performance analysis included 13 Central and Eastern European countries divided into three groups. Performance over the period 2008-2018 is analyzed, related to: share of total assets in GDP, share of total loans in GDP, share of total deposit in GDP and level of capital adequacy of Central and Eastern European countries. The analysis shows that the central banks of the countries of Central Europe are dominant, and that in certain performances they are approached by the banks of the countries of Eastern Europe (members of the European Union and the Western Balkans).

Gender regimes and gender equality measures in Central Eastern European Countries post-accession: the case of Hungary and Poland

2014 ◽  
Vol 30 (1) ◽  
pp. 79-91 ◽  
Author(s):  
Samantha Velluti
Keyword(s):  
Gender Equality ◽  
European Countries ◽  
Eastern European ◽  
The European Union ◽  
Family Policies ◽  
Central Eastern Europe ◽  
Gender Regimes ◽  
Central Eastern ◽  
And Gender ◽  
Eastern European Countries

The paper is set to examine the state of gender equality in Central Eastern European Countries (CEECs) since accession to the European Union (EU) following the two enlargements in 2004 and 2007, which saw 10 CEECs join the EU. In this context, the paper addresses some implications of transformation, which challenge gender regimes across CEECs. The paper looks at the nature of the policies adopted to ensure gender equality in Central Eastern Europe (CEE) and, in particular, using Hungary's and Poland's family policies as a case study, it evaluates whether EU gender equality measures have had an impact on gender equality and justice in CEE and, more generally, whether they have led to new gender equality paradigms.

scholarly journals Technical Efficiency of Banks in Central and Eastern Europe

2018 ◽  
Vol 6 (3) ◽  
pp. 66
Author(s):  
Eva Horvatova
Keyword(s):  
Financial Crisis ◽  
Eastern Europe ◽  
Technical Efficiency ◽  
Central And Eastern Europe ◽  
Positive Impact ◽  
Strong Association ◽  
European Countries ◽  
Eastern European ◽  
Balkan Countries ◽  
Eastern European Countries

The purpose of this article is to examine what affected the technical efficiency of banks in Central and Eastern European countries during the financial crisis. Firstly, this article analyzes the technical efficiency of banks in the selected countries in Central and Eastern Europe during the period 2006–2013. In this article, the technical efficiency of Central and Eastern European banks is explored in respect to the size of the banks (large or small) and their belonging in a specific group of countries. The results of the analysis show a strong association between the numbers of efficient banks and belonging of banks in the group of V4 countries (Visegrad countries are the Czech Republic, Hungary, Poland, and Slovakia). The banks in Balkan countries have a negative association with the number of efficient banks in the group; the banks in this group of countries have the highest average efficiency (when the output was net interest margin). There is a weak association between the number of efficient banks and their belonging in the group of Baltic countries. The bank efficiency and the size of the bank’s assets are also weakly associated. Secondly, the results of panel regression models for the specific groups of countries (V4, Baltic, and Balkan countries), as well as for the whole group of Central and Eastern European countries show that the customer deposits had a positive impact on the technical efficiency of banks during the financial crisis.

scholarly journals Exchange rate policy and inflation in the process of currency integration in Slovenia, Slovakia and Estonia with the Eurozone

2011 ◽  
Vol 2 (1) ◽  
pp. 7-28
Author(s):  
Dorota Żuchowska
Keyword(s):  
European Union ◽  
Exchange Rate ◽  
Eastern Europe ◽  
Exchange Rate Regime ◽  
Exchange Rate Regimes ◽  
Exchange Rate Policy ◽  
The European Union ◽  
Central Eastern Europe ◽  
Rate Policy ◽  
Central Eastern

Among the Central-Eastern Europe countries which joined the European Union in 2004 only three – the smallest (Slovenia, Slovakia and Estonia) – joined the Eurozone. Within these economies the process of currency integration was diversified in respect to their previously used systems of exchange rate regimes. Also experiences concerning suppressing inflation and meeting the condition of prices stability varied among them. The aim of this article is to answer the question whether the mode of the applied exchange rate regime has an impact on achieving economical convergence with the Eurozone. I shall compare exchange rate regimes in Slovenia, Slovakia and Estonia in the period preceding joining the Eurozone. I shall also examine formation of inflation processes within the conditions of various exchange rate regimes existing in the analyzed countries as well as influence of the employed exchange rate regime policy on satisfying the criteria of convergence by those economies.

scholarly journals A munkával kapcsolatos értékek és attitűdök változása Közép-Kelet Európában a XXI. század első évtizedében (Changing values and attitudes regarding labour in Central- Eastern Europe in the first decade of 21st century)

2012 ◽  
pp. 23-35
Author(s):  
Ágnes Borgulya Istvánné Vető
Keyword(s):  
Data Collection ◽  
Eastern Europe ◽  
21St Century ◽  
Living Standard ◽  
Eastern European ◽  
Social Changes ◽  
Central Eastern Europe ◽  
Similar Tendency ◽  
Central Eastern ◽  
Eastern European Countries

A szerző tanulmányában a 2000 és 2010 közötti gazdasági és társadalmi változásokat és a munkával kapcsolatos értékek és attitűdök alakulását állítja időbeli párhuzamba, és azokra a kérdésekre keresi a választ, hogy milyen prioritások jellemzik 2010-ben a munka egyes aspektusaihoz való viszonyulást Közép-Kelet- Európa uniós tagállamaiban, és közöttük kiemelten Magyarországon? Vajon változtak-e ezek a jellemzők az elmúlt tíz év során, s ha igen, milyen irányú az elmozdulás. Azonos tendenciájúak-e a változások a vizsgált országokban? Megállapíthatók-e jellegzetes különbségek három kiválasztott, magas életszínvonalú, régebbi uniós (EU-15) tagországhoz viszonyítva? Elemzése jelentős mértékben támaszkodik az EVSfelmérés 2010-ben közzétett adataira, melynek alapját a 2008 és 2009 során lefolytatott adatgyűjtés képezi. Tanulmányában azokra a közép-kelet-európai országokra összpontosít, amelyek az elmúlt évtized során az unió tagjai lettek, és a 2000-es felmérésben is részt vettek már. _____ The author sets into parallelism economic and social changes and the development of values and attitudes regarding labour between 2000 and 2010, and looks for answers to questions what priorities characterize in 2010 the attitude to some aspects of labour in EU member countries of CEE, and especially in Hungary. Have these features changed in the last decade and in positive case, what is the direction of the shift? Are changes of similar tendency in countries under consideration? Can considerable differences be stated as compared to three selected, earlier EU 15 member countries with high living standard? The analysis largely relies on data of EVS survey, published in 2010 whose basis is the data collection carried out in 2008-2009. The essay focuses on Central Eastern European countries which have become members of the Union during the last decade and took part already in the survey of 2000.

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