Is Europe Overbanked?
Since the beginning of the economic crisis in 2008, academics, policy makers, and citizens alike have engaged in discussions about its causes and consequences, and which the appropriate counter-measures should be. The banking system has been care...
Institutions of the Russian fiscal federalism: 20 years of evolution
The degree of decentralization in Russia is somewhat lower than the average of federal countries such as Austria, Germany and the United States, a...
Central, Eastern, and South-Eastern Europe: Safeguarding the Recovery as the Global Liquidity Tid...
Growth is gathering momentum in most of Central, Eastern, and South-Eastern Europe (CESEE) in the wake of the recovery in the euro area. Excluding...
Financial Stress and the Economic Sensitivity Forecasts
About a year and a half ago CASE launched a project to compile the Financial Stress Index (FSI) and the Economic Sensitivity Index (ESI). The aim...
What have we learned from transitions in Europe and the CIS and do they matter for the Arab Regio...
“At the beginning of 2014, more than three years after the start of the political uprising against the authoritarian regimes in the Arab world call...
The consequences of the unconventional monetary policy: what central banks do not take into account?
„In 2009, the world economy contracted for the first time since the end of the World War II. It was a result of an unexpected by the majority of e...
Employee financial participation in businesses: Is it worth discussing?
During the systemic transformation of the Polish economy in the late 980s and early 990s, a keen interest arose in various forms of participation...