Economics of European Crises and Emerging Markets

Part I International Comparison
1 Macroeconomic Impacts of the Crisis on European Emerging Markets
2 The Financial Effects of the Crisis in European Emerging Markets

3 Effects of the Global Economic Crisis on FDI Inflow in Eastern European Economies: A Panel Data Analysis
Part II The Czech Republic

4 Employment in the Czech Republic: Trends during Economic Transition and the Global Recession
5 FDI and Ownership in Czech Firms: Pre- and Post-crisis Efficiency

Part III Hungary

6 Impacts of the Crisis on the FDI-led Development Model in Hungary: Emergence of Economic Patriotism or Shift from the Competition State to Patronage?
7 Impact of Global Companies' Real Options Implementation on Their Hungarian Subsidiaries

Part IV Poland

8 Potential Macroeconomic Effects of the Trade Collapse due to Economic and Political Crises: The Case of Poland
9 Upstreamness of Employment and Global Financial Crisis in Poland: The Role of Position in the Global Value Chains
Part V The Russian Federation

10 Political Response to the Crisis: The Case of Russia

11 The Impact of Crisis on Firm Creation and Regeneration in Russia: Regional Panel Data Analysis
Conclusions: Crisis Left Deep Scars on European Emerging Markets

Peter Havlik is Senior Economist and former Deputy Director at the Vienna Institute for International Economic Studies (wiiw) and guest research scholar at the International Institute for Applied Systems Analysis (IIASA).



Ichiro Iwasaki, formerly a diplomat at Japan's embassy in the Soviet Union during the time it transitioned to the Russian federation, researches post-socialist transition economies at Hitotsubashi University's Research Division of Comparative and World Economics, and has published in Japanese, Russian, and English in a wide range of academic journals.