Publications

For the last two decades, MED11 countries (Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco, Palestinian Autonomy, Syria, Tunisia and Turkey) have recorded the highest growth rate in inbound wo...chevron_right

This study reviews the impact of the global financial crisis on public service delivery in the Republic of Moldova. It provides a background of the country’s development in the period prior to the cri...chevron_right

The paper aims at assessing the specific impact of shallow versus deep integration between Mediterranean (MED) countries and their partners in the European Union (EU) as well as between the MED count...chevron_right

This paper analyzes the public finance performance and the dynamics of government expenditures on education and health in the Kyrgyz Republic in 2007- 2010, when the country was hit by the global eco...chevron_right

This brief examines how unilateral monetary policy decisions of central banks affect the world economy as well as exchange rates, especially in emerging markets. Regarding the 2010 decision of the US ...chevron_right

This brief discusses the new European Union economic governance package and its components released by the European Commission on September 29, 2010. The author looks at the EU fiscal rules and measur...chevron_right

The US economy’s rapidly growing trade and current account deficits (2003-2007) and systematic weakening of the dollar against the euro and other currencies raised several concerns about its future as...chevron_right

When the global economic crisis wreaked havoc across the world, most governments responded with a dramatic increase in spending. This brief focuses on Bulgaria's fiscal stimulus programs and examines ...chevron_right

When Victor Yanukovich won Ukraine’s presidential election in February 2010, it marked the official end of the Orange Revolution. This brief discusses why, in early 2010, Ukraine entered a new phase i...chevron_right

Positive signs emerging from the global economy prompt many economists to voice their concerns about the threat of imminent inflation. This brief analyzes the risks of inflation and looks at whether t...chevron_right

This brief examines the public debt crisis and its spread over Greece and the euro area. It explains why the eurozone is not undergoing a currency crisis and is not in danger of disintegration. The au...chevron_right

This brief evaluates Association Agreements (AA) which sought a gradual elimination of tariffs on a substantial share of trade between the signatory EU countries and many Mediterranean countries. It e...chevron_right

This brief addresses the effect of the global financial crisis on Azerbaijan’s economy. Because of the high dependence on oil, the channels by which the economic crisis influenced Azerbaijan's economy...chevron_right

This brief looks at the gender dimension of the labor market changes and response to these that occurred in Russia and Ukraine since the beginning of the 1990s.chevron_right

This brief discusses Russia’s economic policy challenges following the 2008-2008 global financial crisis.chevron_right