Beáta Farkas

TL;DR: In this article, the authors address the question of how the institutions of the new EU member states match with the institution types previously worked out for the old member states, and whether they resemble any of the broadly accepted four models of capitalism (Anglo-Saxon, Nordic, Continental European and Mediterranean) or represent a new type of model.

TL;DR: In this article, the authors compared the market economies of the Western Balkan countries to the post-socialist European Union member states, and analyzed the main institutional areas of a socioeconomic system such as product markets, innovation system, financial system, labor market and industrial relations.

TL;DR: The situation of the Baltic countries during the crisis is unique in two respects: first, these countries suffered the deepest decline in 2009, and second, they accomplished the most rapid and most radical adjustment as discussed by the authors.

TL;DR: Within the European Union cohesion member states were hit hardest by the global economic crisis as discussed by the authors, and the growth outlooks of Poland, Slovakia, and the Czech Republic have deteriorated least, whereas Hungary fell behind the Visegrad countries.