EACES was founded in 1990

Please visit EACES website at http://www.eaces.eu







No. 63                 Quarterly Publication of EACES           September 2012





1.1 Message from the President


1.2 EACES EC-AB Meeting (Agenda and Minutes), 6 September


      1.3 EACES EC-AB Meeting (Agenda and Minutes), 8 September


      1.4 Presidential Report by Marcello Signorelli


1.5 Election Result and the Resumption of Office




      2.1 XIV April International Aca­demic Conference on Economic and Social  Development


      2.2 Public Procurement: Challenges and Perspectives for Economic Tools






       4.1 Annual Conference of Italian Economic Association


     4.2 EAEPE Conference


     4.3 Second LCSR Conference on “Social Change in Cross-National Perspective”





     5.1 Book Information


     5.2 Publications of the Scholarly Papers of EACES Members


     5.3 Journal’s Recent Publications




     6.1 16th SCEME Seminar in Economic Methodology


     6.2 EACES Workshop in Yekaterinburg


















1.1  Message from the President





Dear EACES members and friends,


It is already almost a month since we met at the University of the West of Scotland, Paisley in Scotland. Martin Myant and his local team did a fantastic job preparing the event and making sure that all who came felt truly at home.


The programme reflected the broad scope of the association and its global reach. We are grateful for our colleagues from outside Europe, from Japan in particular, but also from all other parts of the world for their continuous presence in this Europe-based association with global interests. At the conference we discussed what we mean by comparative economics and where we should go next with our research. The adjective ‘comparative’ implies that we contrast institutional environment but also policies to understand how these interact affecting economic outcomes.


This implies there is a scope in the association for institutional economists, but also for macro economists and labour economists interested in assessing policy aspects in either a cross-country perspective, or along the time dimension.  We also have amongst ourselves those applying comparative perspectives in international business, economic sociologists, political economists and economic historians. This unique blend produces some very interesting discussion.


As emphasised by Marcello Signorelli in his final presidential address, this association is for all those who are willing to listen and discuss with others not necessary working within the same paradigm, yet interested in the same basic questions of sustainable economic development and welfare. 


It was a pleasure to work with Marcello over the last two years and I also admire his dedication to the association. As the newly elected officers we will certainly try to draw from his experience.


Please continue to support this association with your involvement and initiatives to make it even stronger. Let us know how to make it better. We have limited funds to support workshops and within our means we will certainly seek to support any initiative that will help to turn this association into a leading forum for cutting age research by those who assume that the economic world now-a-days can only be understood by the analysis of complex set of policies and institutions as implemented in every corner of the globe, with both institutional innovation and institutional diffusion processes at its core.


Tomasz Mickiewicz, President of EACES  

Prof. of Economics, Aston University, Birmingham


1.2 EACES EC-AB Meeting (Agenda and Minutes)

6 September 2012, 12.00-13.00


Venue - University of the West of Scotland, Room 123, in Zone P of campus



(incorporating all suggestions received by EC-AB members)


1) Minutes of the last meeting for final approval;

2) Approval of the "short bi-annual report" of the President to be briefly presented at the Assembly (Marcello);

3) Approval of the "short report" of the Treasurer to be briefly presented at the Assembly (Jens);

4) Approval of the "short report" on the selection for EACES Award 2012 (Tomek);

5) Approval of the "election committee" proposed by the MB: Michael Keren (President), Ichiro Iwasaki, Enrico Marelli, Olga Demidova and Rainer Schweikert

6) Preliminary discussion about the nomination of three EACES members for the EACES Consulting Board for Economic Systems (Marcello + other EC-AB members)

7) Very-short preliminary-report on the organization of the bi-annual Conference (Martin)

8) Very Short presentation of the already planned EACES scientific initiatives 2012-13 (Enrico + Marcello + Jens + Andrei + other EC-AB members)

9) Information and very preliminary discussion on the candidatures for the organization of the next bi-annual Conferences (Tomek + Marcello + Jens + other EC-AB members), and

10) Other minor matters arising.



Participants: Marcello Signorelli (EACES President, University of Perugia), Tomasz Mickiewicz (EACES Vice-President, University of Aston), Martin Myant (University of the West of Scotland), Jens Hölscher (Brighton Business School), Hubert Gabrisch (Halle Institute for Economic Research), Urmas Varblane (University of Tartu), Andrei Yakovlev (Higher School of Economics, Moscow), Satoshi Mizobata (Kyoto University), Enrico Marelli (University of Brescia), Michael Keren (Hebrew University of Jerusalem), Vittorio Valli (University of Turin), Will Bartlett (London School of Economics), Milica Uvalic (University of Perugia).

Apologies: Milena Jovicic, Ileana Tache, Wladimir Andreff, Bruno Dallago, Hans-Jürgen Wagener, Mario Nuti.


1) Minutes of the last meeting were approved without further changes.


2) President presented short overview about the report to be presented EACES assembly during the EACES conference in Paisley. President expressed gratitude to members of executive committee for their comments to the report. Executive committee approved the "short bi-annual report" of the President to be presented at the Assembly and suggested to add short section about the historical background of EACES, particularly for the new participants of conference.


3) Treasurer Jens Hölscher provided short overview about accounts. Situation in general is positive. There are funds available for the organisation on workshop between the current and next bi-annual conference. Executive committee approved the "short report" of the Treasurer to be presented at the Assembly;


4) Vice-President Tomasz Mickiewicz provided overview about the whole process of work associated with the EACES doctoral award approval. He shortly explained the reasons, why doctoral dissertation of Björn Jindra is outstanding compared with other shortlisted - Zvezda Dermendzhieva (CERGE), Martin Feldkircher (Vienna) and Andrew Rozeik (UCL). Executive committee approved the selection committee proposal to nominate EACES Ph.D. Award 2012 to Björn Jindra (Sussex-Halle).


5) Executive committee approved the election committee for EACES assembly proposed by the President (after consultation with the managing board): Michael Keren (President), Ichiro Iwasaky, Enrico Marelli, Olga Demidova and Rainer Schweikert


6) Executive Committee discussed about the candidates to be nominated for the EACES Consulting Board for Economic Systems and decided to prefer that the complete proposal would be decided by the new EC-AB in two days’ time.


7) Martin Myant provided short preliminary report on the organization of the bi-annual Conference in Paisley, University of the West of Scotland. The biggest problem is the difficulties with the registration and payment systems. Due to the local university requirements it was not allowed to combine these two systems, which created several misalignments. E.g. 15 people paid and were not registered etc. Another difficulty was with entry visas for a few people outside of EU. But in all other aspects things are well arranged.


8) Information about the next workshops was provided by several members: Enrico Marelli, Jens Hölsher, Andrei Yakovlev, Will Bartlett et al.. In Birmingham it is planned to have a Workshop in February, 2013 as well EACES Executive Committee Meeting.


9) Proposals regarding the organization of next conference were discussed. In general situation has improved and there is a list of candidates for the next and following conferences already. The main candidates for the conference in 2014 are Budapest and Poznan. Both places are supported from the local universities and institutes of research.

During the meeting Andrei Yakovlev proposed idea, that St. Petersburg may be also a destination for the future EACES conference. Regensburg is ready to host the conference in 2016. The same applies to the Rome.


10) No other issues have been discussed



University of the West of Scotland, 6 September 2012



Draft version realised by Urmas and Marcello



Final version approved on 26th of September 2012


1.3 Minutes of EACES AB-EC Meeting, 8 Sept., 8.00 hrs., University of the West of Scotland, Paisley Campus, P114


Present: Andrei Yakovlev, Horst Brzezinski, Hubert Gabrisch, Jens Holscher, Jurgen Jerger, Laura Resmini, Magdolna Sass, Marcello Signorelli, Maria Luigia Segnana, Martin Myant, Michael Keren, Satoshi Mizobata, Tomasz Mickiewicz, Urmas Varblane, Vittorio Valli.


1. All business from the brief meeting on 6 September was handled and approved at the Assembly on 7 September or carried forward to this meeting.


2. New members were welcomed to the committee.


3. EACES is invited to nominate members to the Consulting Board of the journal Economic Systems. Three are currently due to be replaced and it was agreed to nominate Tomasz Mickiewicz, Andrei Yakovlev and Martin Myant.


4. Proposals were sought for the location of the next biannual conference in 2014. The following possibilities were considered;


Budapest, for which Magdolna Sass gave a short presentation,


Poznan, for which Horst Brzezinski gave a short presentation,


St Petersburg, proposed by Andrei Yakovlev,


Regensburg, proposed by Jurgen Jerger, but with the proviso that 2014 would not be ideal and this was probably a location for 2016.


Rome, had been suggested by Pasquale Tridico, but he had not stood for election to the Executive Committee and was not present to argue the case. This remained a possibility for 2016.


It was agreed that the first three all seemed capable of staging a successful event in 2014. It was agreed to aim for a definite decision at the next EC meeting. The decision should be based on comparison of clear criteria, primarily accessibility, potential for attracting participants, cost to participants, benefits of a new location, plus more that could be proposed. Any weighting of these criteria was left open.


5. In view of the number of offers this time round, it was agreed to consider the possibility of annual conferences, but with no suggestion for another in 2013.


6. Further EC meetings were planned for 25-26 February, combining with a workshop at Aston University, Birmingham, September 2013 and March 2014, with suggestions of Regensburg, Budapest and St Petersburg (that being better in September).



1.4 Presidential Report by Marcello Signorelli, 7th Sept. 2012








1.5 Election Result and the Resumption of Office


12th EACES Bi-annual Conference elected the executives for 2012-2014 tenure. The elected candidates with the votes received are given below:


Executives                              Votes



Tomasz Mickiewicz




Saul Estrin






Jens Holscher






Martin Myant





Executive Members:

Satoshi Mizobata




Urmas Verblane


Magdolna Sass


Andrei Yakovlev


Juergen Jerger


Laura Resmini


Maria Luigia Segnana


Hubert Gabrisch


Horst Brezinski



Among the four members in the Managing Board and nine members in the Executive Committe, five are new.


Elected as the Vice-President Saul Estrin is the profesor at London School of Economics (LSE). More specifically, he was the founding head of the Department of Management at LSE for 2006-2011. Previously he worked as the Research Director of the Centre for new and Emerging Markets at London Business School. Prof. Estrin has published about two dozens of the high level scholarly articles in several peer-reviewed journals, several monographs and textbooks on micro and macroeconomics.


Jürgen Jerger, elected as the executive committee member, is professor of economics at the University of Regensburg and currently he also serves as vice rector for International Affairs. Furthermore, he is the director of Institute for East and Southeast European Studies (IOS – Institut für Ost- und Südosteuropaforschung); this institute was created by the merger of the former Südost-Institut and Osteuropa-Institut in January 2012. The Osteuropa-Institut was lead by Jürgen Jerger since fall 2007.


Before moving to Regensburg in fall 2002, he held academic positions at the universities of Giessen, Erlangen-Nürnberg and Duisburg. His research interests focus on international economics, monetary policy, and labour market issues.


Laura Resmini, newly elected executive committee member, is an associate professor at the Department of Economics and Political Science at the University of Valle d’Aosta and senior researcher at ISLA, Centre for Latin American and Transition Country Studies at Bocconi University, Milan. Previously she was visiting research Fellow at LICOS, Centre for Transition Economics, KU Leuven (Belgium), and lecturer at the University of Modena (Italy). Her teaching experience includes Macroeconomics, Microeconomics, International economics and Economics of European Integration, both at undergraduate and graduate level, while her main research interests regard Economic integration, Foreign direct investments, and Economics of Transition. She is member of the Editorial Board of Scienze Regionali, The Italian Journal of Regional Science and of the International Advisory Board of the ’Eastern Journal of European Studies.  


Maria Luigia Segnana, executive committee elect member,  is the professor of International Economics (February 2001- today) at the Department of Economics, University of Trento, Italy. Previously she held the position of the head of the economics department of this university during 2007-2010.

Her area of specialisation includes trade in intermediate goods, vertical-horizontal trade, firm behaviour in open economies, theoretical aspects of trade-labour relationships, empirics of trade-labour relationships, transition economies trade relationships – specifically in EU, and offshoring and firm-industry balance-sheet data.




2.1 XIV April International Aca­demic Conference on Economic and Social

            Development, 2-4 April 2013, Moscow, Russia


                           National Research University – Higher School of Economics

XIV April International Aca­demic Conference

on Economic and Social Development

              (April 2-4, 2013, Moscow, Russia)


On April 2-4, 2013, the XIV HSE April International Aca­demic Conference on Economic and Social Development will be hosted by the National Research University Higher School of Economics (HSE) with support of the World Bank and the International Monetary Fund. The Conference Program Committee is chaired by Professor Evgeny Yasin.

The plenary sessions of the Conference will feature senior Russian Government officials including representatives of the Presidential Administration, high-level representatives of the World Bank, the International Monetary Fund, the Organization for Economic Cooperation and Development, and the CEOs of several largest Russian and international companies. 

Special issues of the Conference are “Global Economic Crisis and Russian Economy” and “Institutions and New Social Policy”. The plenary sessions, including selected honorary papers, sessions and round tables, will be devoted to the special issues of the Conference.

After the plenary sessions over the following days parallel sessions and round tables on the problems of economic and social development will be held. Within the conference a special session will be organized with the presentation of the results of HSE international research laboratories. Sessions and round tables will focus on the following issues:

  • Macroeconomics and Growth
  • Urban and Region Studies
  • Public Administration
  • Theoretical Economics
  • Financial Institutions and Markets
  • Economic History
  • Science and Innovations
  • Culture and Society
  • Firms and Markets
  • Society and Social Policy
  • Law and Economics
  • Management
  • World Economy
  • Development of Education
  • International Affairs 
  • Development of Healthcare System  
  • Local Government and Civic Self-organization                                                                
  • Sociology
  • Political Processes
  •  Media and Communications
  • Demography and Labor Markets



Authors of papers are not required to stick to these issues only, although the Program Committee in the selection of papers will give priority to those relevant to the issues above.

The papers should present the results of original research carried out with modern research methodology. Papers presented at sessions could usually be summarized in PowerPoint during 15-20 minutes. As a rule, the average presentation on a round table lasts from 5 to 7 min. Conference program of the sessions and round tables will be formed according the requests.

The working languages of the Conference are Russian and English; simultaneous translation will be available during all plenary and most of the parallel sessions.

Participants are invited to submit extended abstracts of their research papers for presentation at the Conference sessions. Submissions will be accepted from September 10 till November 12, 2012, only through on-line registration at: http://conf.hse.ru/ .

The application should include the speaker’s name, place of work and position, the contact address, phone and fax numbers, e-mail and the title of the proposed paper. A detailed summary of the proposed presentation should be attached to the application, in Word or RTF format, in 1 - 3 pages with 1,5 line spacing (up to 7000 symbols). The summary should outline the issue, show the level of the research, include characteristics of the research (theoretical or empirical type of the work, its informational base), as well as its main results. Abstracts which are less than 1 page in length will not be accepted. One applicant may submit 1 paper at the conference and not more than 2 papers in co-authored.

Applicants can also indicate whether they are willing to participate in a symposium on one of the Conference’s special topics. The group of applicants after on-line registration until November 12, 2012 may inform the Conference Program Committee of their wish to submit their papers on one session. A letter should be sent to the address interconf@hse.ru  and should contain information about the title of proposed session; speakers (no more than 3 - 4, already registered as individual applicants) and the topic of the research, as well as name and contact information (phone and e-mail address) of the supposed chairperson of the session. Duration of one session is 1.5 hours. Proposals for the formation of such sessions can be taken into consideration by the Program Committee during the papers' expertise and the formation of the Conference program.

The Program Committee will announce the decision on the inclusion of papers in the Conference program by January 21, 2013, considering the results of the expertise made by independent experts.

Authors of the papers included in the Conference program are requested to send full-text versions of the text (in Word, RTF or PDF format) by March 4, 2013 for publication on the Conference website. Final versions of the papers should be sent by May 20, 2013. The decision about their publication in the Conference e-volume will be made by the editorial board. The papers not presented at the Conference will not be considered for publication.

Participants from the CIS and Eastern Europe countries invited to present their papers may apply for a grant from the Moscow Office of the World Bank until February 11, 2013 to interconf@hse.ru.

Online registration for participation without presenting a paper will be available from November 13, 2012 until March 10, 2013 at http://conf.hse.ru/  

Conference registration fee:


For Russian participants

For foreign participants

For Russian universities' graduate and postgraduate students

Developed countries

Developing countries, CIS and CEE

to March 1, 2013г.

1000 RUB

$ 100


200 RUB

to April 1, 2013г.

1500 RUB

$ 150

$ 70

300 RUB

after April 2, 2013г.

2000 RUB

$ 170


500 RUB

Bank account details for fee transfer will be available on http://conf.hse.ru/ after September 12, 2012.

Honorary guests of the Conference as well as those colleagues specially invited by the Program Committee are exempt from the registration fee.

Programs and papers of the previous I-ХIII International Academic Conferences on the problems of economic modernization organized by HSE are available at http://conf.hse.ru/2012/history .

The Conference Organizing Committee

2.2 Public Procurement: Challenges and Perspectives for Economic Tools


European Association of Comparative Economic Studies

National Research University – Higher School of Economics



EACES Workshop

“Public procurement: challenges and perspectives for economic tools”


EACES Workshop on public procurement will be held within the framework of 14th HSE International Academic Conference on April 2-4, 2013. It is organized by Higher School of Economics (the Center for Institutional Studies, the Institute for Industrial and Market Studies, Institute for State and Local Procurement Management) in cooperation with the European Association for Comparative Economic Studies (EACES). Taking into account growing interest in public procurement in Central and Eastern Europe workshop will focus on economic analysis of different issues in the field. We suggest a broad scope of research related to the topic of public procurement, including auction design, efficiency analysis, contracts renegotiations, comparative empirical studies etc. The workshop program will include lecture of invited key-note speaker (to be announced later), session for researches in the field of public procurement and session for PhD students. The aim of the workshop is to create and support academic networking among mature and young researches who are interested in different aspects of economic analysis of public procurement system.

We announce call for paper for both researcher’s session and PhD student’s session. From mature researchers we expect to receive full papers. From PhD students which still do not have full papers we expect to receive research project description (no longer than 1500 words + references) with a short abstract (no longer than 400 words). All proposals should be in English. Research project description must include description of research problem, brief literature overview, main hypotheses, methodology, results and references. Proposals should be sent to organizers no later than 15th November. The acceptance decision will be done by 20th January.

Four researchers and four students will be invited to make a presentation during the conference. Researches will have 15 minutes presentations following the discussants talk. Students will enjoy 20 minutes presentations with comments from mature colleagues.

Upon request and depending on financial circumstances of applicant HSE can provide travel grants for selected PhD students.

Program Committee: Elena Podkolzina (HSE), Andrei Yakovlev (HSE and EACES), Irina Kuznetsova (HSE), Marcello Signorelli (University of Perugia and EACES) .



The Center for Institutional Studies (CInSt) was established in 2010 with the goal of creation of a scientific center in the field of institutional economics as a part of an international cooperation network, and promoting international standards of research. We provide conditions and incentives for young and talented university graduates to participate in both scientific and teaching activities at the HSE. Our professional interests are focused on institutional analysis of different markets and sectors of the economy, among them are education, procurement, banking, non-profit organizations.


The Institute for Industrial and Market Studies (IIMS) was founded in April, 1997. The IIMS is one of the first research institutes to have been established at the Higher School of Economics. The Institute focuses on empirical analysis of an enterprises’ behavior and market development, competition policy, the business climate and relations between business and state.

Institute for State and Local Procurement Management (ISLPM) was established in July 2004. Institute plays the leading role in training procurement officials and policy advice in field of public procurement in Russia. Key areas of ISLPM activity include creation of organizational models of the procurement system in federal and local governmental bodies; development of evaluation mechanisms (including criteria evaluation) of the effectiveness of order placement and evaluation of budget spending; monitoring and analysis of regulatory changes in the field of public procurement.



It is our pleasure to announce that this year biannual EACES Phd Award was given to Dr. Björn Jindra, currently at Halle Institute for Economic Research.


The PhD comes from University of Sussex and the project was supervised by Prof. David Dyker. The thesis is on INTERNATIONALISATION THEORY AND TECHNOLOGICAL ACCUMULATIONAn investigation of multinational affiliates in East Germany. Independently from the award, the thesis has been now published by Palgrave Macmillan.


To quote from an anonymous report:


This study has much to commend itself. It is an ambitious undertaking built on an excellent literature review spread over a number of chapters. Its distinctiveness is encapsulated by the following combination: (a) an attempt to test the interdependent components of the technology accumulation hypothesis in the context of the activities of multinational enterprises; (b) sub-national level focus; (c) inclusion of non-technology and technology related variables and central and local company technology strategies and activities as explanatory variables, and (d) application of advanced econometric methods /…/


This study makes a stimulating contribution to an important and growing body of knowledge. It highlights the need to understand the dynamic and interactive processes involved in technology and other knowledge accumulation between international businesses and economies and regions.


It is relevant for comparative economics studies because of its choice of the region – East Germany - which had undergone a successful transition from the command to market economy, and because of the focus on the process of internationalisation seen in the context of technology. Moreover, it is commendable for the combination of quality theory analysis with rigorous empirical testing.


The decision was made by the chair of the award committee, Prof. Tomasz Mickiewicz, in consultation with the Executive Committee – Advisory Board.


We are looking forward to receive applications for the 2014 Award.










Annual Conference of Italian Economic Association

Matera, Italy

18-20 October 2012I


EAEPE Conference

Cracow University of Economics, Poland

18-21 October 2012I


Second LCSR Conference on “Social Change in Cross-National Perspective”


Moscow, Russia

November 6-12, 2012


I Annual Conference of Italian Economic Association




18-20 October 2012




University of Basilicata, Matera (Italy)



The 53rd Annual Conference of the Italian Economic Association will be held in Matera at the University of Basilicata, on 18-20 October 2012.


The central themes of the Conference are:

- From financial to economic crisis and back

- Mathematical analysis of financial markets and the global crisis

- International monetary reform and the coordination of macroeconomic policies

- Human capital, innovation and growth

- Banks and firms in the crisis

- Gender

- Microeconomic foundations of macroeconomics

- Experimental and behavioural economics

- Industrial organization and firms’ behaviour

- Growth models and development

- Migration and remittances

- GDP, well-being and happiness

- Poverty and income distribution

- Social cohesion and financial exclusion

- Network analysis

- Corporate governance and financial regulation

- Trade policies and foreign direct investments

- The Italian Mezzogiorno and regional policies

- Entrepreneurship, finance and culture (organized with the AEC)

- Energy and sustainable development (organized with the AIEE)

- The transmission of inequality. Structural and policy issues (organized with the AIEL)

- Sustainability, innovation and equity of health care systems (organized with the AIES)

- Crisis and Central Banking: Clues from the history of economic thought (organized with the AISPE)

- The role of cities in the knowledge economy (organized with the AISRE)


- State-Nation and European Union: theories and evidence (organised with the AISSEC)

- Information, efficiency and welfare (organized with the AMASES)


- Young People, Education and Labour Markets: Comparing Evidence and Policies (organised with the EACES)

- Law and Economics: Theories and measurement (organized with the SIDE)

- Fiscal Federalism and Standard Costs (organized with the SIEP)

- Competitiveness, technological and organizational changes (organized with the SIEPI)

- The economists in the 20th century: from economic analysis to economic policy (organized with the


Submissions of papers concerning any other aspect of the economic theory and policy are also welcome.


Young Economist Sessions

Sessions will be organised, in which PhD candidates or young researchers may present the results of their research. Authors who would like to be considered for such session are requested to indicate “FOR PHD SESSION” in the submitted paper. Please, note that also in this case a complete paper has to be provided.


Segreteria Generale: Piazzale Martelli, 8 – 60121 Ancona – Tel. 071/2207111 – Fax 071/200494

Email: sie@univpm.it – Internet: www.sie.univpm.it


II EAEPE Conference




III Second LCSR Conference on “Social Change in Cross-National Perspective”, November 6-12, 2012




5.1 Book Information

European Integration: First Experience and Future Challenges



Edited by László CSABA, József FOGARASI and Gábor HUNYA.

Publisher: Oradea: Partium Press, 2011, 271 pages

ISBN: 978-606-8156-17-0


This is the first volume of a series that emerged from the international conferences of the Christian University of the Partium, Oradea. Published by the Press of the first all-Hungarian language university accredited in Romania the focus of the series is on major transnational challenges facing the European economies.


The current book focuses on ambiguities and achievments of the eastward enlargement of the European Union. It adopts a multi-disciplinary and international perspective, combining macro- and microeconomic approaches.


Contributors include the former Romanian Minister of Finance Daniel Daianu, author of several books and recurring visiting professor at numerous US universities, Gábor Hunya, senior fellow at the prestigous Vienna Institute for International Economic Studies/WIIW, Mária Vincze, Professor of the Babes-Bolyai University, Cluj, one of the leading authorities on European studies and regional development, as well as Prof.Imre Fertő, Chair of the Doctoral School of Business Administration and of the Department of Agricultural Economics at the Corvinus University of Budapest, one of the most prolific and internationally most cited of his field. The established scholars are joined by the younger faculty of the CUP, reflecting the broad multi-disciplinary research orientation and intellectual diversity of a young academic and training institution of higher education.







Romania from EU Accession to Crisis and the Need of a New Growth Strategy – 9


Economics of the New Member Stats: a Post-crisis Perspective – 27

László CSABA

Return to Common Sense Is Needed – 45


Intergation of CEE Agri-food Sector into the EU: What Does Trade Theory and

Empirical Evidence Tell Us? – 59


Romanian Rural Areas at Present – 81




The Europen Union as a Continental State – 101

Gusztáv MOLNÁR

Institutionalized Transborder Cooperation in Central and Eastern Europe – 111

István Loránd SZAKÁLI

Everyday Economic Life in Central Romania: Obeying Bureaucratic Rules of

Surviving Through Social Networks? – 125




The Effect of Exchange Rate Volatility upon Foregn Trade of Romanian Agricultural

Products – 139


Digital Divide and Rural Development – 155


Romanian Agriculture in the Process of EU Accession – 171

Sándor ELEK and József FOGARASI



The Elements of Enhancement Company Performance within Organization – 189

Hajnalka FEKETE

The Impact of the Internet on the Marketing Environment of Romanian Tourism

Organizations – 203

Hajnalka FEKETE and Dan CÂNDEA

Assessing Romanian Managers’ Emotional Intelligence Using Graphology – 225

Hajnalka KÁNYA and Jolán Andrea GÁSPÁR



Knowledge Production in Time of Economic Crisis: Economic and Ethical Remarks

on the EU Research and Development Policy – 235


The Compromised Trust of Non-expert Outsiders – 245

Erzsébet SZÁSZ

An Almost Bright Future Perspective of Young Graduates in Romania – 259

András GYÖRBÍRÓ and Tünde KINTER


5.2 Publication of Scholarly Papers of EACES Members


Sanjaya Acharya, Jens Holscher and Cristiano Perugini (Original research article)


Trade Liberalisation and Inequalities in Nepal: A CGE Analysis, Economic Modelling, Vol. 29:2543-2557, Elsevier. Link: http://dx.doi.org/10.1016/j.econmod.2012.08.008.


Jens Holscher (Review article)


Richard Pomfret, The Age of Equality: The Twentieth Century in Economic Perspective. The Belknap Press of Harvard University Press, Cambridge, MA (2011), 283 pp. + index, $28.95, £21.95, €26.10, ISBN 9780674062177. Link: http://dx.doi.org/10.1016/j.ecosys.2012.09.001.


5.3 Journals’ Recent Publications




European Journal of Comparative Economics


Web page: http://eaces.liuc.it/

copertina fascicolo

EJCE, vol. 9, n. 2, 2012



The Sovereign Debt Crisis in Europe, Save Banks Not States
by Hans-Bernd Schäfer


Stakeholder Protection, Varieties of Capitalism, and Long-Term Unemployment
by Alberto Chilosi


Why Did Southeastern European Countries Experience Low Inflation Rates in the Beginning of This Century?
by Hiroyuki Yamada ; Gerwin Bell


Youth employment in Europe: do institutions and social capital explain better than mainstream economics?
by Bruno Contini


Temporary employment in Russia: why mostly men?
by Tatiana Karabchuk


Pension Systems after the Storm: France and the United Kingdom in a Comparative Analysis
by Christine Lagoutte ; Anne Reimat


A review of Enrico Colombatto, "Markets, Morals and Policy-Making. A new defence of free-market economics"
by Alain Marciano





Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/621171/description


Economic Systems on ScienceDirect(Opens new window)


Vol. 36 (3), September 2012


Selected papers from the EuroConference 2011: Crises and Recovery in Emerging Markets

Guest Editor: Ali Kutan


(1)   Ali Kutan: Introduction

(2)   Dorina Lazar: Martingale difference hypothesis and financial crisis: Empirical evidence from European emerging foreign exchange markets.

(3)   Olfa Frini and Christophe Muller: Demographic Transition, Education and Economic Growth in Tunisia

(4)   Mara Pirovano: Monetary Policy and Stock Prices in Small Open Economies: Empirical Evidence for the New EU Member States

(5)   Ali Ari: Early Warning Systems for Currency Crises: The Turkish Case

(6)   Said Boakye: Theory of Social Transformation, Political Transition and Economic Growth



(7)   Rüdiger Ahrend: Understanding Russian regions' economic performance during periods of decline and growth. An extreme bounds analysis approach

(8)   Garett Jones: Cognitive skills and technology diffusion: an empirical test

(9)   Abdulnasser Hatemi-J and Gazi Salah Uddin: Is the causal nexus of energy utilization and economic growth asymmetric in the US?


Post Communist Economies

Web page:  http://www.tandfonline.com/toc/cpce20/current

Volume 24, Issue 3, 2012



Russia and China facing the ‘Great Wall’: how to succeed in the second structural transition

Jan Winiecki
pages 309-325

Spatial complementarity of FDI: the example of transition countries

Oleksandr Shepotylo
pages 327-349

A free trade agreement between Ukraine and the European Union: potential effects on agricultural markets and farmers' revenues

Olexandr Nekhay, Thomas Fellmann & Stephan Hubertus Gay
pages 351-363

Internationalisation of innovative SMEs in the Hungarian medical precision instruments industry

Magdolna Sass
pages 365-382

The effectiveness of investment incentives: the Slovenian FDI Co-financing Grant Scheme

Anže Burger, Andreja Jaklič & Matija Rojec
pages 383-401

Is non-farm income diversification a feasible option for small-scale farmers? An assessment using a composite fuzzy indicator

Jana Fritzsch
pages 403-417

Article usage statistics combine cumulative total PDF downloads and full-text HTML views from publication date (but no earlier than 25 Jun 2011, launch date of this website) to 02 Oct 2012. Article views are only counted from this site. Although these data are updated every 24 hours, there may be a 48-hour delay before the most recent numbers are available.

Price transmission in the milk sectors of Poland and Hungary


Zoltán Bakucs, Jan Fałkowski & Imre Fertő
pages 419-432



Web page: http://ea.ekof.bg.ac.rs/


Comparative Economic Studies

Web page: http://www.palgrave-journals.com/ces/index.html



Top of page

Symposium Introduction

17th Dubrovnik Economic Conference Symposium

Paul Wachtel and Boris Vujčić

Comp Econ Stud 54: 441-442; advance online publication, August 9, 2012; doi:10.1057/ces.2012.30

Top of page

Symposium Articles

Monetary and Financial Policies for ‘De-Euroization’ – A Case Study of Recent Croatian Experience

Tomislav Galac and Evan Kraft

Comp Econ Stud 54: 443-470; advance online publication, July 26, 2012; doi:10.1057/ces.2012.23


Credit Euroization in Eastern Europe: The ‘Foreign Funds’ Channel at Work

Peter R Haiss and Wolfgang Rainer

Comp Econ Stud 54: 471-505; doi:10.1057/ces.2012.27


Do Foreign Banks Stabilize Cross-Border Bank Flows and Domestic Lending in Emerging Markets? Evidence from the Global Financial Crisis

Ursula Vogel and Adalbert Winkler

Comp Econ Stud 54: 507-530; advance online publication, August 2, 2012; doi:10.1057/ces.2012.22


Competition and Inflation in Central, Eastern and Southeastern Europe: A Sectoral Analysis

Reiner Martin and Julia Wörz

Comp Econ Stud 54: 531-552; doi:10.1057/ces.2012.29

Top of page

Regular Articles

Disentangling the Impact of Wars and Sanctions on International Trade: Evidence from Former Yugoslavia

Olivier Lamotte

Comp Econ Stud 54: 553-579; advance online publication, April 26, 2012; doi:10.1057/ces.2012.17


The Law of One Price in Six Central and Eastern European Economies

Ilir Miteza

Comp Econ Stud 54: 581-596; advance online publication, July 26, 2012; doi:10.1057/ces.2012.24


FDI Flows to Sub-Saharan Africa: The Impact of Finance, Institutions, and Natural Resource Endowment

Abel E Ezeoha and Nicolette Cattaneo

Comp Econ Stud 54: 597-632; advance online publication, April 26, 2012; doi:10.1057/ces.2012.18


Inter-regional Insurance and Redistribution – A Non-parametric Application to Russia

Simo Leppänen

Comp Econ Stud 54: 633-660; advance online publication, May 3, 2012; doi:10.1057/ces.2012.16


Cities in Transition

Oleksandr Shepotylo

Comp Econ Stud 54: 661-688; doi:10.1057/ces.2012.21



Web pagee: http://www.journals.elsevier.com/journal-of-comparative-economics/

Journal of Comparative Economics


Vol. 40(3), August 2012



Page 317


Original articles: 

Words speak louder than actions: The impact of politics on economic performance

Pages 318-336

Steffen Osterloh

Does it pay to be a cadre? Estimating the returns to being a local official in rural China

Pages 337-356

Jian Zhang, John Giles, Scott Rozelle


The political economy of mass printing: Legitimacy and technological change in the Ottoman Empire

Pages 357-371

Metin M. Coşgel, Thomas J. Miceli, Jared Rubin

External finance and firm survival in the aftermath of the crisis: Evidence from Eastern Europe and Central Asia

Pages 372-392

George R.G. Clarke, Robert Cull, Gregory Kisunko

Performance of domestic and cross-border acquisitions: Empirical evidence from Russian acquirers

Pages 413-437

Olivier Bertrand, Marie-Ann Betschinger

The exchange rate as nominal anchor: A test for Ukraine

Pages 438-456

Patrick Conway

The correlation between human capital and morality and its effect on economic performance: Theory and evidence

Pages 457-475

David J. Balan, Stephen Knack

Challenges of creating cities in China: Lessons from a short-lived county-to-city upgrading policy

Pages 476-491

Shenggen Fan, Lixing Li, Xiaobo Zhang

Club-in-the-club: Reform under unanimity

Pages 492-507

Erik Berglöf, Mike Burkart, Guido Friebel, Elena Paltseva

Educational scores: How does Russia fare?

Pages 508-527

Chiara Amini, Simon Commander


Page 528


ACES Membership Form

Page 529



Web page: http://www.palgrave-journals.com/ejdr/index.html



Volume 24, Issue 4 (September 2012)


Original Articles

International Trade and Carbon Emissions

Richard Kozul-Wright and Piergiuseppe Fortunato

Eur J Dev Res 24: 509-529


Why Do So Many Women End Up in ‘Bad Jobs’? A Cross-country Assessment for Developing Countries

Angela Luci, Johannes Jütting and Christian Morrisson

Eur J Dev Res 24: 530-549


Networks and Anti-poverty Programs: Experience of India's National Rural Employment Guarantee Scheme

Shylashri Shankar and Raghav Gaiha

Eur J Dev Res 24: 550-569

Poverty Transitions among Older Households in Brazil and South Africa

Armando Barrientos and Julia Mase

Eur J Dev Res 24: 570-588


Political Conflict and Entangled Social Logics in the Development of Institutional Capacity: Creating a Designated National Authority for the Clean Development Mechanism in Uganda

Karen Holm Olsen

Eur J Dev Res 24: 589-605


Total Public Debt and Growth in Developing Countries

Andrea F Presbitero

Eur J Dev Res 24: 606-626


Sharecropping in Non-traditional Agro-export Production: The Abougnon Contract for Pineapple Cultivation in Côte d’Ivoire

Jean-Philippe Colin

Eur J Dev Res 24: 627-643


La coordination de l’aide: Un objectif aux présupposés contestables

Mamadou Barry and Bruno Boidin

Eur J Dev Res 24: 644-662


Book Review

Why Nations Fail: In Spite of Many Flaws a Liberating Book for Economists

Sergei Soares

Eur J Dev Res 24: 663-664



Web-page: http://www.mesharpe.com/mall/results1.asp?ACR=eee




6.1 16th SCEME Seminar in Economic Methodology

(Joint with the Post Keynesian Economics Study Group and Brighton Business School)


Report on

'A Europe starving and disintegrating before their eyes':

Reappraising Keynes's Economic Consequences of the Peace


http://www.brighton.ac.uk/bbs/research/sceme/images/keynes_portrait.jpgThe 16th SCEME Seminar in Economic Methodology in collaboration with the Post Keynesian Economics Study Group and Brighton Business School entitled 'A Europe starving and disintegrating before their eyes': Reappraising Keynes's Economic Consequences of the Peace took place 12th -13th September, 2012 at Charleston Farmhouse and Tilton House, Sussex, UK.


Almost a century ago, the Treaty of Versailles marked a new departure in international relations by instituting the League of Nations as the first intergovernmental body explicitly dedicated to peace and stability. At the same time, the Treaty has remained one of the most controversial intergovernmental agreements in history. Keynes, as the principal representative of the British Treasury at the negotiations, famously resigned from the delegation, retiring to Cambridge to write arguably the most eloquent contemporary critique of the Treaty. The Economic Consequences of the Peace became a best-seller virtually overnight and remains a lynch pin in the secondary literature on the significance of Versailles in the build-up of the Second World War. Equally, Keynes's Consequences have remained a powerful testament to his idiosyncratic prose and its influence.


Seminar participants were shedding light on The Economic Consequences of the Peace and its reception and impact, both from a historical and methodological perspective. Some 30 delegates came from New Zealand, the US, Denmark, Germany, Norway, Italy, Turkey and the UK. The two-day seminar took place in Tilton House, Keynes's former country home, and Charleston Farmhouse, country residence of the Bloomsbury circle, where Keynes wrote the Consequences. The event was followed by a social programme exploring life of the Bloomsbury circle in Sussex. Full details of the event including photos and videos can be seen here: http://www.brighton.ac.uk/bbs/research/sceme/. The organisers, Jens Hölscher and Matthias Klaes are currently preparing the publication of the seminar contributions.


Nicholas Wapshott, Opening Address     Arabian Tent, Charlston Farmhouse

Nicholas Wapshott, Opening address                            Opening address at the Arabian Tent, Charlston Farmhouse

6.2 EACES Workshop in Yekaterinburg



EACES workshop “Upgrade the International Competitiveness of Export Industries and Transform the Pattern of Economic Development” was organized by the Graduate School of Economics and Management (Ural Federal Yeltzin University, Russia) in Yekaterinburg on October 4-5, 2012. This EACES workshop was a part of the conference «Adjustment of Economic Structure and Sustainable Development: Perspectives in Russia and China» organized jointly with the Center for Economic Development Research at Wuhan University (China) and National Research University – Higher School of Economics (Russia).


The organizing committee received 34 applications. Scientific committee (including Marcello Signorelli, Tomasz Mickiewicz, Wladimir Andreff, and Andrei Yakovlev) selected 7 papers for the EACES workshop program. Selected papers were focused around the following topics:


• FDI and Financing from international organizations and Development in the Backward Regions;

• Adjustment of Foreign Trade Structure and Sustainable Development;

• Reducing Regional Differences and Sustainable Development;

• Interregional Clusters and Expansion;

• The Influence of Intra-Product International Division of Labor on the Enhancing of Productivity.


Wladimir Andreff, Professor Emeritus at the University Paris 1 Panthéon Sorbonne and former EACES President, was invited to EACES workshop with keynote speech “Economic Development as a Major Determinant of Olympic Medal Wins. Predicting Russia’s and China’s performance at Sochi Games”.


According to agreement with International Journal of Economic Policy in Emerging Economies (IJEPEE) best papers presented at EACES workshop and at the conference in Ekaterinburg can be published in the special issue of IJEPEE in 2013.


Ludmila Ruzhanskaya,

Graduate School of Economics and Management, Ural Federal Yeltzin University





Managing Board


Expert Image

Tomasz M. Mickiewicz



Economics & Strategy Group (ABS)

Aston University

E-mail: mickiewt@aston.ac.uk

Tel.: +44- 121- 204 3007

E-mail: mickiewt@aston.ac.uk 

Website:  http://www1.aston.ac.uk/aston-business-school/staff/academic/esg/prof-tomasz-mickiewicz/ i


Saul Estrin



Department of Management


Houghton St

             London WC2A 2AE

Tel: +44-20 7955 6605

E-mail: s.estrin@lse.ac.uk



Martin Myant



University of the West of Scotland

Business School   

High Street, Paisley PA1 2BE,

United Kingdom

Tel: 0141-848-3367   Fax: +(44) 141/ 848 3618

E-mail: martin.myant@uws.ac.uk


Jens Hölscher



Brighton Business School

University of Brighton

Mithras House, Lewes Road,

BN2 4AT Brighton, UK

E-mail: J.Holscher@brighton.ac.uk





Other Members of the Executive Committee

(Alphabetical order by family name)


Horst Brezinski

EC Member


TU Bergakademie Freiberg

Department of Economics and Business Administration

Chair for International Economic Relations

Lessingstraße 45, 09596 Freiberg


Tel: +49-3731/39 20 32     

Fax: (+49) 3731/39 27 33

E-mail: Horst.Brezinski@vwl.tu-freiberg.de

Website: http://fak6.tu-freiberg.de/en/internationale-wirtschaftsbeziehungen/team/lehrstuhlinhaber/prof-dr-horst-brezinski/

Hubert Gabrisch

EC Member


Halle Institute for Economic Research

Kleine Märkerstraße 8

D-06108 Halle (Saale)


Tel.: +49 345 7753830 

Fax: +49 345 7753-825

E-mail: gab@iwh-halle.de





Juergen Jerger

EC Member


University of Regensburg and IOS Regensburg,

nach Vereinbarung mit dem

E-mail: jerger@ios-regensburg.de,

Tele: +49-941 943 2697

Fax: +49-941 943-4941

Website: www.wiwi.uni-r.de/jerger

Laura Resmini

EC Member


Università della Valle d’Aosta

Dept. of Economics and Political Science

Loc. Grand Chemin, 73_75

I-11020 St. Christophe (AO)

E-mail: l.resmini@univda.it

Tel. +39-165-066 718;

Fax: +39-165 066 748; 

Website: http://www.univda.it/resminilaura



Magdolna Sass

EC Member


Institute for Economics of the Hungarian Academy of Sciences

1112 Budaörsi út. 45

Phone: (+36-1) 309-2652
Fax: (+36-1) 319-3136

Website: http://econ.core.hu/english/inst/sass.html

Satoshi Mizobata

EC Member


Institute of Economic Research,

Kyoto University

Yoshidahon-machi, Sakyo-ku, Kyoto,

Japan 6068501

Tel: +81-75-753-7144

E-mail: mizobata@kier.kyoto-u.ac.jp


Maria Luigia Segnana

Maria Luigia Segnana

EC Member


Dipartimento di Economia,

Universita' di Trento,

via Inama 5, 38122 Trento.

E-mail: marialuigia.segnana@unitn.it

Tel: +39-461 282225




EC Member


University of Tartu

Institute of Economics

Narva 4, 51009 Tartu


Tel: +372-737-6361   Fax: +372-737-6327

E-mail: varblane@mtk.ut.ee


Andrei Yakovlev

EC Member

University - Higher School of Economics

Institute for Industrial and Market Studies

Slavyanskayapl 4, bldg 2,

Moscow 109074, Russia    

Tel.: +7-495-6288649

E-mail ayakovlev@hse.ru and y_andrei@mail.ru


Members of the Advisory Board 





Wladimir Andreff

University of Paris 1-Centre d'Economie de la Sorbonne


Will Bartlett

London School of Economics and Political Science


Laszlo Csaba

Central European University, Budapest


Bruno Dallago

Università di Trento, Department of Economics


Daniel Daianu

The Academy of Economic Studies, Bucharest


Jens Hölscher

University of Brighton, England


Mario Nuti

London Business School


Marcello Signorelli

Department of Economics, University of Perugia


Milica Uvalic

Department of Economics, University of Perugia


Vittorio Valli

Università di Torino, Dept. Economia


Hans-Jürgen Wagener

Europa Universitaet Viadrina, Frankfurt/Oder



Honorary Members:


Wladimir Andreff

Ronald Dore

Gregory Grossman

Michael Kaser

János Kornai

Marie Lavigne

Angus Maddison0301

Domenico Mario Nuti


Ex – Officio Member

Michael Keren


Hebrew University

Department of Economics

Naphtali Bldg. Scopus Campus, 91905 Jerusalem (Israel)

Tel: +972-26528521; Fax: 972-2-5816071



Recently, the major event of EACES, 12th Bi-annual Conference, just completed on 8th September 2012. Presidential message in this 63rd issue of EACES Newsletter highlights the outcome and appreciates the role of the organisers in this regard. The conference accommodated several outstanding research presentations in the conference. They belonged to Macroeconomic Themes: Crises, Instability and Policy Responses; Why did the effects of the financial crises vary so strongly between countries?

International Economics: Global Horizons of Comparative Studies; Globalisation versus regionalisation of trade and investment.

Comparative Perspectives of Development; How can sustainability in development be achieved?

Comparative Studies of Institutions and Regulation; Financial institutions and reforms: is there one blueprint?

Comparative Business Studies; Internationalisation of companies in unstable contexts

Studies of the Labour Market and Comparative Demographics; The impact of crisis on labour markets.

Public Sector Economics; Public-private initiatives, opportunism, incomplete contracts and governance structures.

Innovations, Innovation Systems and Research and Development.


In the side line of the conference two meetings of EACES Executive Committee and Managing Board (EC-AB) occurred. Section 1.2 and 1.3 of this issue highlights the agenda of meetings and decisions thereof. Presidential address of Marcello Signorelli (2010-1012) is well presented in Section 1.4 that includes major scientific initiatives and research dissemination events of EACES for the past two years. 12th Bi-annual Conference also elected the executives for the 2012-2014 tenure. Section 1.5 highlights the election results and the resumption of office by the new committee. Among four MB members and nine EC members, five are new and this section also presents brief introduction of the new faces in the EACES EC-AB.


Section 2 of this volume presents series of calls for papers. Likewise, Section 4 presents the reminder of the forthcoming conferences / seminars / workshops.  


Dr. Björn Jindra, PhD from the University of Sussex received the EACES best doctoral dissertation award (2010-2012) for his dissertation on Internationalisation  Theory and Technological Accumulation - An Investigation of Multinational Affiliates in East Germany. Independently from the award, the thesis has been now published by Palgrave Macmillan. Section 3 of this issue presents a brief note of Dr. Jindra’s contribution.


EACES members’ recent publications of book and the scholarly papers, and few journals’ recent publications are enlisted in Section 5. The successful completion of the 16th SCEME Seminar in Economic Methodology, 12-13 September, and EACES Workshop in Yekaterinburg, 4-5 October, 2012 are reported in Section 6. Section 7 presents the brief bios of the newly elected executives of the EACES MB and EC.


The editor would like to include the information on the publications and other academic and professional achievements of the EACES members in the newsletter in a regular basis. Furthermore, any comment/suggestion for the improvement of the newsletter is always welcome. The submissions are requested to deliver either in the form of hard copy or (preferably) electronic copy to:


Sanjaya Acharya

Professor of Economics

Graduate School of Economics

Ritsumeikan University

1-1-1 Noji-Higashi

Shiga 525-8577, Japan

E-mail: sanjaya_acharya@hotmail.com


Pole tekstowe: EJCE (The European Journal of Comparative Economics) E-Journal and 
ECONOMIC SYSTEMS (A Quarterly Journal published by the Osteuropa-InstitutMünchen/Elsevier in collaboration with EACES) are the journals associated with EACES.
For details, please follow the link: http://www.eaces.net/public.html.

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