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on income distribution and the distribution of family allowances across diverse recipient groups have not been analysed. Third, administrative data allows for a more rigorous estimation of the income of taxpayers in the bottom and top deciles of the
Abstract
Far the most acknowledged and influential author in the economics of Eastern Europe has been János Kornai, the theorist of economic systems and a prolific writer on a variety of subjects in the seventy years of his academic career. His output appeared in more than a dozen of languages. He was criticized and appreciated, especially on the occasion of his 90th birthday, commemorated by – yet another – Festschrift, special issues of academic journals, later followed up by countless obituaries paying the due tribute to someone who has never made to the Nobel Prize, but whose influence definitely exceeded that of many recipients. In this essay we avoid the usual chronological description and highlight certain major themes and try to establish his place in the history of global economic thought. We are aware of our constraints, since it would perhaps take a monograph rather than an article to serve justice to this exceptional academic output of his.
and recipient economies on the OFDI level. Our contributions to existing research are the following. First, using a dataset comprising 102 home and 67 host countries between 2001 and 2016 and applying the Poisson pseudo maximum likelihood
the macroeconomic perspective or the perspective of FDI regulators in the recipient countries. The research questions are as follows: What is the impact of terrorist activities on FDI in the OECD Member countries? What are other determinants of FDI in
considered CEE countries was strengthened with mandatory investments in the local financial market requirements for recipient pension funds, could immediately boost the local financial development. Another important finding of this paper is that the positive
in the case of a floating exchange rate is not apparent. An important factor is the economy's overall openness and substitution elasticity between domestic and foreign goods. 1 However, if a monetary shock recipient has decided to maintain a fixed
“crowd out” domestic investments, then a growth decelerating impact on the recipient country is possible. In turn of panel-based research, researchers achieve different results. In some countries it is GDP which has effect on FDI and in other
because they distort the production structure of recipient farms, leading to allocative inefficiency”. However, Lososová – Zdeněk (2014) highlighted the link between the type of agricultural production and the share of subsidies to profit, which was the
. Horký-Hlucháň , O. – Lightfoot , S. ( 2013 ): Development Policies of Central and Eastern European States: From Aid Recipients to Aid Donors
recipient countries to enact anti-corruption measures often break down and lead only to cosmetic changes, or the establishment of ‘creative facades that disguise non-acceptable practices behind an acceptable exterior’ ( Baez-Camargo – Ledeneva 2017 : 68
