Browsing by Subject "Eastern Europe"
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Item Open Access Central bank independence and economic performance in eastern Europe(Elsevier BV, 2001) Neyapti, B.Following the breakdown of central planning by the early 1990s, transition economies faced varying measures of the need for economic restructuring and stabilisation. This paper examines both the trends in economic performance in eight eastern European countries and the degree of central bank independence (CBI) granted after reforms. The evidence of the paper indicates that both the measures of CBI and the measures of financial market development (FMD) show significant association with macroeconomic variables. Also, the sample exhibits positive association between CBI and measures of FMD. © 2001 Elsevier Science B.V. All rights reserved.Item Open Access The Great powers and Poland : the national and international dynamics behind the first partition of Poland(2014) Çelikkaya, MuhammedThis study aims to analyze the factors behind the first partition of Poland in 1772. The interaction of the national dynamics of Poland and the balance of power in Eastern Europe during the period from the election of Poniatowski in 1764 with Russian and Prussian support until the first partition of Poland will be examined. The occurence of the Polish nationalist reaction with the Russian and Prussian interference into Poland’s internal affairs will be analyzed. The internationalization of the Polish problem with the start of the Russo-Ottoman War of 1768-1774, which occured through the spread of Polish civil war to neighboring countries will be assessed. The diplomatic maneouvring of the other two powers of Eastern Europe, Austria and Prussia, on the course of the RussoOttoman War will be emphasized. It enquire how it was that factors of regional balancing culminated in the first partition of Poland.Item Open Access The impact of constitutions on democratization : cases of Hungary and Bulgaria(2002) Elbasani, AroldaThis study seeks to analyze the correlation between constitutions and democratization by comparing the cases of Hungary and Bulgaria. It suggests that the democratic credentials of constitutions are dependent to the constitution–making factors and processes, constitutional design as well as the implementation process. Both countries under study have adopted new constitutions to cope with the process of democratization. The new constitutions became a crucial asset to democratization to the extent they were indispensable in structuring the new governments and spelling out a catalogue of basic rights. They imparted the political systems with the fundamental characteristics of the democratic regimes, but lack of respect for the rule of law among the governing elites puts into question the whole project of democratization. Thus, constitutions can induce institutional incentives that smooth the process of democratization, but they by themselves can not produce a workable democracy. Democratization is a multifaceted project, which extends beyond the constitutional impact. Respect for the rule of law seems to be the missing chain and the future challenge of democratization.Item Open Access Preface(Palgrave Macmillan, 2001) Togan, Sübidey; Balasubramanyam, V. N.; Togan, Sübidey; Balasubramanyam, V. N.This book offers a comparative study of the Central and Eastern European and Turkish economies that analyses the implications of EU enlargement. The contributors discuss issues related to the creation of a legal infrastructure that encourages entrepreneurial initiative, fair competition, market forces and investor confidence. They assess the benefits of following prudent monetary and fiscal policies together with appropriate competition, trade and foreign direct investment policies in Turkey and Central and Eastern Europe.