The paper examines labor market developments in the four hard-peg European Union (EU) accession candidates during transition, with a view toward understanding the persistent high unemployment experienced in each country. Despite the significant levels of unemployment in all four countries, labor market developments suggest that the strongest and earliest reformers have had the best labor market performance as well. It is crucial that all four countries continue their policies aimed at encouraging investment and job creation. Accession to the EU will present challenges to labor markets.
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Inspired by a life-long passion for travel, Stuart McMillan embarked on a journey of over 2,000km, crossing the continent from the Baltic Sea to the Balkan coast. The book provides personal observations and reflections on a fascinating world hidden for decades behind an Iron Curtain. It gives the reader a glimpse of how the history, culture, years of oppression and brutal wars have shaped these beautiful lands and the people who live there. Starting in Lithuania, a journey weaving through the beautiful and often mysterious Slavic lands all the way to Croatia - taking in Ukraine, Hungary, Serbia, Bosnia and Herzegovina. It includes travelling in a 44-degree heatwave; taking a short-cut via Moscow; experiencing a chaotic sleeper train out of Ukraine; coping with the failure of all air-conditioning and lighting on a long-haul train down to Serbia; learning about the legacy of both Nazi and Communist oppression; and seeing first-hand the scars and re-built splendour of Sarajevo and Mostar following the recent brutal, and often forgotten, Yugoslav wars. As well as recounting the beauty of the countries and cities visited, and reflecting on the years of oppression and wars that shaped the landscapes and cultures, it also captures the emotions of travelling alone for weeks through foreign lands – the freedom to experience so much of countries hidden away from the world for so long; the reliance on internal narrative for company; and the bouts of homesickness that often conflict with the author’s love of travel.
The Baltic countries have experienced sustained emigration over the past decade, contributing to population decline and a loss of working-age population. This book examines the impact of this emigration.
With the collapse of the Council for Mutual Economic Assistance in 1991, the Eastern European nations of the former socialist bloc had to figure out their newly capitalist future. Capitalism, they found, was not a single set of political-economic relations. Rather, they each had to decide what sort of capitalist nation to become. In Capitalist Diversity on Europe's Periphery, Dorothee Bohle and Béla Geskovits trace the form that capitalism took in each country, the assets and liabilities left behind by socialism, the transformational strategies embraced by political and technocratic elites, and the influence of transnational actors and institutions. They also evaluate the impact of three regional shocks: the recession of the early 1990s, the rolling global financial crisis that started in July 1997, and the political shocks that attended EU enlargement in 2004.Bohle and Greskovits show that the postsocialist states have established three basic variants of capitalist political economy: neoliberal, embedded neoliberal, and neocorporatist. The Baltic states followed a neoliberal prescription: low controls on capital, open markets, reduced provisions for social welfare. The larger states of central and eastern Europe (Poland, Hungary, and the Czech and Slovak republics) have used foreign investment to stimulate export industries but retained social welfare regimes and substantial government power to enforce industrial policy. Slovenia has proved to be an outlier, successfully mixing competitive industries and neocorporatist social inclusion. Bohle and Greskovits also describe the political contention over such arrangements in Romania, Bulgaria, and Croatia. A highly original and theoretically sophisticated typology of capitalism in postsocialist Europe, this book is unique in the breadth and depth of its conceptually coherent and empirically rich comparative analysis.
Following the passage of the fifteenth and twentieth anniversaries of the entry of many former communist states into both NATO and the EU in 2019, this book takes a comprehensive look at the changed security conditions of these new member states. How has NATO and EU membership improved their overall defence protection, and what elements are still missing for them on an individual state basis? Utilising alliance politics theory, convergence/divergence theory and defence policy theory, the book provides an invaluable assessment of defence policies, from the stable East Central European states to the most jeopardised Baltic states in the north of Europe. With chapters on the Cold War defence conditions during the last two decades of Soviet domination, post 1989–91 transformations in the direction of democracy and the impact of the 2014 Ukraine–Russia–Crimea crisis, this book is essential reading for those seeking to understand the changed landscape of European politics in the twenty-first century.
Lonely Planet: The world's leading travel guide publisher Lonely Planet Estonia, Latvia & Lithuania is your passport to the most relevant, up-to-date advice on what to see and skip, and what hidden discoveries await you. Soak up history in Estonia's Old Towns, enjoy a midsummer bonfire and beer in Lithuania and take a traditional sauna and spa in Latvia; all with your trusted travel companion. Get to the heart of Estonia, Latvia & Lithuania and begin your journey now! Inside the Lonely Planet Estonia, Latvia & Lithuania Travel Guide: Colour maps and images throughout Highlights and itineraries help you tailor your trip to your personal needs and interests Insider tips to save time and money and get around like a local, avoiding crowds and trouble spots Essential info at your fingertips - hours of operation, phone numbers, websites, transit tips, prices Honest reviews for all budgets - eating, sleeping, sight-seeing, going out, shopping, hidden gems that most guidebooks miss Cultural insights give you a richer, more rewarding travel experience - history, people, landscape, architecture, greetings, etiquette Over 70 maps Covers Estonia, Tallinn, Lahemaa National Park, Rakvere, Narva, Tartu, Valga, Muhu, Saaremaa, Helsinki, Latvia, R?ga, Kurzeme, J?rmala, Kemeri National Park, Talsi, Lithuania, Vilnius, Paneriai, Trakai, Kalingrad and more eBook Features: (Best viewed on tablet devices and smartphones) Downloadable PDF and offline maps prevent roaming and data charges Effortlessly navigate and jump between maps and reviews Add notes to personalise your guidebook experience Seamlessly flip between pages Bookmarks and speedy search capabilities get you to key pages in a flash Embedded links to recommendations' websites Zoom-in maps and images Inbuilt dictionary for quick referencing The Perfect Choice: Lonely Planet Estonia, Latvia & Lithuania, our most comprehensive guide to the region, is perfect for both exploring top sights and taking roads less travelled. Looking for more extensive coverage? Check out Lonely Planet Eastern Europe for a comprehensive look at all these countries have to offer Authors: Written and researched by Lonely Planet. About Lonely Planet: Since 1973, Lonely Planet has become the world's leading travel media company with guidebooks to every destination, an award-winning website, mobile and digital travel products, and a dedicated traveller community. Lonely Planet covers must-see spots but also enables curious travellers to get off beaten paths to understand more of the culture of the places in which they find themselves. TripAdvisor Travelers' Choice Awards winner in Favorite Travel Guide category for 2012, 2013, 2014 and 2015. Important Notice: The digital edition of this book may not contain all of the images found in the physical edition.
This open access book focuses on the formation and later socio-spatial trajectories of large housing estates in the Baltic countries—Estonia, Latvia, and Lithuania. It also explores claims that a distinctly “westward-looking orientation” in their design produced housing estates that were superior in design to those produced elsewhere in the Soviet Union (between 1944 and 1991, Estonia was a member republic of the USSR). The first two parts of the book provide contextual material to help readers understand the vision behind housing estates in Estonia, Latvia, and Lithuania. These sections present the background of housing estates in the Baltic Republics as well as challenges and debates concerning their formation, evolution, and present condition and importance. Subsequent parts of the book consist of: demographic analyses of the socioeconomic characteristics and ethnicity of housing estate residents (past and present) in the three Baltic capital cities, case studies of people and places related to housing estates in the Baltic countries, and chapters exploring relevant special topics and themes. This book will be of interest to students, scholars, and advocates interested in understanding the past, present, and future importance of housing estates in the Baltic countries.
This book explains why governments respond differently to macroeconomic problems and why necessary reforms are sometimes delayed until a serious financial crisis erupts. It argues that voter vulnerability to different reform strategies varies, and that these vulnerabilities influence the type and timing of governments' policy responses to economic crises. Empirical analyses at both the individual level across a broad range of countries and case studies of national policy responses to financial and economic crises in Asia and Eastern Europe support the argument.
The recent boom-bust episode in Emerging Europe was largely the product of surges and sudden stops in capital inflows. This paper empirically argues that the sectors into which capital flows determines their impact on GDP growth. Applying data from EU New Member States, it is found that capital flows into real estate have a greater impact on swings in GDP than other sectors, irrespective of a country's exchange rate or fiscal policy. Consequently, as new waves of capital inflows spread to emerging markets, policies may usefully focus on supporting capital inflows towards economic sectors that minimize large swings in GDP.
