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One hundred years ago the outbreak of World War I marked the end of the liberal era. The policies of free trade, peace by disarmament, and liberal constitutionalism seemed to have failed. One of the earliest victims of the war was a theory...
Photo: Svetilnik In a policy analysis “Regulacija medbančnih provizij za kartične plačilne transakcije” Svetilnik evaluated how the European Commission’s Proposal for a Regulation on Multilateral Interchange Fees (MIFs)...
The survey showed that 42.3% of managers reported no change when comparing the financial situation of their company now and a year ago, 8% indicated that the situation improved, 40.7% of respondents answered that the situation has worsened,...
Photo: Wikimedia Commons While EU and US sanctions against Russia over its aggression in Ukraine, and Russia’s counter-sanctions, are much discussed due to their evident political significance, less attention has been given to Russia’s punitive...
Machine building sector in Ukraine is facing a difficult situation. Recent research showed that machine building is most heavily exposed to the Russian market in terms of the percentage of output exported to Russia. Apart from the fact that...
Photo: Wikimedia Commons GDP: The Institute revised downwards the forecast for 2014 and 2015 to take into account increasingly devastating effects of prolonged military conflict in Donbas. Real GDP is expected to decline by 7.6% in 2014 and...
Photo: Wikimedia Commons Well-functioning courts are the foundation of an effective legal order and central institutions of a market economy. Courts are the key not only to upholding property rights, but also to promoting large-scale commerce...
Several parts of Slovakia experience problematic coexistence of Roma people and majority population, without any successful solutions in sight1. As a result, there is growing dissatisfaction of majority living in the areas with Roma minorities,...
“Our clients are dear to us.” An ad by Corporate Commercial Bank (CCB) on Bulgarian National Radio (BNR), July 7, 2014 “While credit growth remains low, the system is stable and liquid, with banks’ non-performing loans buffered...
Key findings: 1. The strengthening of extremism is an important signal, but the EU-committed “mainstream” remains strong. If the notion of the crisis becomes stronger within the EU, the prediction of “Europe will fall” can fulfill itself. 2....
