Benchmarking SME performance in the Eastern Partner region: discussion of an analytical paper

Size: px
Start display at page:

Download "Benchmarking SME performance in the Eastern Partner region: discussion of an analytical paper"

Transcription

1 Co-funded by the European Union POLICY SEMINAR EASTERN EUROPE AND SOUTH CAUCASUS INITIATIVE SUPPORTING SME COMPETITIVENESS IN THE EASTERN PARTNER COUNTRIES Benchmarking SME performance in the Eastern Partner region: discussion of an analytical paper 24 October

2 Agenda 1. Objectives and methodology 2. Outline and summary of analysis: a) Access to finance b) Internationalisation c) R&D and innovation 2

3 Objectives of the paper Complement the analysis and recommendations of the SME Policy Index with a deeper analysis of SME performance in the Eastern Partnership (EaP) region using the World Bank/EBRD Business Environment and Enterprise Performance Survey (BEEPS) Assess the robustness and relevance of the SME Policy Index methodology by testing the findings of the 2012 SBA assessment against firm performance in the region and across regions Solidify the analytical underpinnings of the SME Policy Index and further understand where and when the introduction of targeted SME support measures and instruments could improve SME performance Maximise the impact of the SBA assessment across the SME communities (including policy makers, private sector organisations and academia) 3

4 Methodology Given the dearth of, and cross-country methodological inconsistencies in, business demographics data in the Eastern Partner region, we exploit cross sectional firm-level data from the BEEPS V (2013). We focus on the areas of access to finance, internationalisation and innovation corresponding to three dimensions of the SME Policy Index selected based on relevance for SMEs and data availability. We carry out two types of analysis: 1. Benchmarking SME performance in access to finance, internationalisation and innovation in the EaP - identifying trends over time and variations across countries, and comparing with the EU pre-accession and EU-10 regions. 2. Adaptation of existing econometric models to draw correlations between firm performance and the policy environment (using scores from the relevant dimensions of the SME Policy Index 2012 assessment). 4

5 Benchmarking across 3 regions Eastern Partner Armenia Azerbaijan Belarus Georgia Moldova Ukraine EU pre-accession Albania Bosnia and Herzegovina Croatia* Kosovo Macedonia, FYR Montenegro Serbia Turkey COVERED BY SME POLICY INDEX 2012 EU-10 Bulgaria Czech Republic Estonia Hungary Latvia Lithuania Poland Romania Slovak Republic Slovenia *Croatia is considered a EU pre-accession country for the purposes of the paper as both the policy and performance data used predate Croatia s accession to the EU. 5

6 Agenda 1. Objectives and methodology 2. Outline and summary of analysis: a) Access to finance b) Internationalisation c) R&D and innovation 6

7 Access to finance: Benchmarking firm performance 1 SMEs in the Eastern Partner region finance a larger proportion of their working capital from internal funds than their EU pre-accession and EU-10 counterparts Bank financing is particularly low in Belarus, Ukraine and Azerbaijan financing from suppliers/clients is a popular alternative in Ukraine SME sources for working capital financing (2011) Internal funds Credit from banks Credit from non-bank institutions Credit from suppliers/advances from clients Other Armenia 64% 19% 1% 10% 6% Azerbaijan 93% 5% 1% 1% Belarus 83% 9% 1% 6% 2% Georgia 78% 15% 1% 5% 1% Moldova 76% 14% 1% 7% 3% Ukraine 82% 3% 1% 11% 3% EU-PA 70% 15% 1% 11% 2% EU-10 71% 12% 1% 14% 3% 7

8 Access to finance: Benchmarking firm performance 2 Loans to SMEs have declined across all regions since the financial crisis Armenia is the strongest regional performer, while other Eastern Partner countries lag behind the EU- 10 and EU pre-accession regions Percentage of SMEs with at least one loan from a financial institution (2009 vs 2013) % 50% 50% 40% 45% 45% 36% 38% 44% 34% 40% 28% 26% 17% 16% 17% Armenia Azerbaijan Belarus Georgia Moldova Ukraine EU-10 EU-PA 8

9 Access to finance: Benchmarking firm performance 3 Average interest rates for both SMEs and large enterprises are significantly higher in the Eastern Partner region, and largely consistent across the region Average reported collateral requirements from SMEs are over 100% of the size of the loan in all regions Average annual interest rate on most recent loan (2013) SMEs Large Collateral required from SMEs as % of most recent loan (2013) 28.3 Armenia 372% 23.1 Azerbaijan 405% Belarus Georgia Moldova Ukraine 209% 176% 227% 337% EU-PA 447% EU10 240% Armenia Azerbaijan Belarus Georgia Moldova Ukraine EU-PA EU-10 0% 100% 200% 300% 400% 500% 9

10 Access to finance: Benchmarking firm performance 4 There is evidence of SME credit demand unmet by bank financing, particularly in Azerbaijan, Belarus and Ukraine SME access to finance varies across the EaP with some countries (e.g. Armenia and Georgia) at EU-10 levels Demand and access to credit by SMEs (2013) Did not have need for credit Had need for credit and was able to acquire loan Had need for credit but was refused/discouraged from applying 17% 18% 48% 31% 38% 36% 50% 42% 19% 36% 28% 15% 18% 46% 13% 16% 33% 47% 40% 46% 46% 36% 37% 42% Armenia Azerbaijan Belarus Georgia Moldova Ukraine EU-PA EU10 10

11 SMEPI Policy Index Dimension 6 scores (2012) Access to finance: Benchmarking firm performance 5 Countries with a better developed legal and regulatory framework and targeted tools for access to finance (as measured by SME Policy Index Dimension 6: Access to finance for SMEs) are more likely to have a higher percentage of SMEs with access to credit Serbia Georgia Croatia Turkey 2 Albania Montenegro Bosnia-Herzegovina Armenia FYR Macedonia 1.5 Ukraine Azerbaijan Belarus Moldova Kosovo % 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% % of SMEs with a loan from a financial institution (2013) 11

12 Access to finance: Measuring impact of policies on performance (1/2) Objective: To examine the influence of the policy environment on SME access to finance in transition economies. Based on Hainz and Nabokin (2013) we look at: Determinants of firm access to loans among those firms that demand them Determinants of perceived access to finance (as measured by firm perception question in BEEPS) Addition of a variable on SME Policy Index 2012 scores for Dimension 6 (for Eastern Partner and EU pre-accession regions) to measure impact of the policy environment Access to credit and demand for credit are defined as follows: Categories Demand Access - Firm has a loan No loan, because application turned down No loan, because discouraged from applying No loan, because no need 0-12

13 Access to finance: Measuring impact of policies on performance (2/2) Firm level factors affecting performance Impact of policies on performance Increasing firm size is related to increased demand and access to loans the impact of firm size is particularly strong for access, suggesting smaller firms are more credit constrained and rely more on internal financing. Among firms with credit demand, large firms are less likely to identify access to finance as an obstacle to doing business. Manufacturing firms have a greater likelihood to demand loans than retail and other services firms, although they do not appear to differ in terms of actual or perceived access. SME Policy Index 2012 Dimension 6: Access to finance for SMEs scores are insignificant in the demand equation but have a positive and significant impact on likelihood of accessing a loan: Policy environment does not affect the need for external financing, although it does affect ease of access. Policies to ease access to finance do not appear to have a distortive effect on the market, as they do not influence demand. SME Policy Index Dimension 6 variable is also strongly positively correlated with perceived access to credit, suggesting that firm perceptions of access to finance are linked to objective measures of the policy environment. 13

14 Agenda 1. Objectives and methodology 2. Outline and summary of analysis: a) Access to finance b) Internationalisation c) R&D and innovation 14

15 Internationalisation: Benchmarking firm performance 1 SMEs have difficulties accessing export markets. Large firms exhibit higher rates of both direct and indirect exports. Exports vary significantly across Eastern Partner countries, with the lowest rates observed in Azerbaijan. Firms in the EU-10 and EU pre-accession regions are considerably more active in export markets. Average percentage of annual sales exported directly or indirectly (2011) Direct Exports Indirect Exports 40% 35% 30% 25% 20% 15% 10% 5% 0% SMEs Large SMEs Large SMEs Large SMEs Large SMEs Large SMEs Large SMEs Large SMEs Large Armenia Azerbaijan Belarus Georgia Moldova Ukraine EU-10 EU-PA 15

16 Average SME exports (% of sales) in 2011 Internationalisation: Benchmarking firm performance 2 A clear positive correlation is observed between innovation (R&D expenditure) and SME internationalisation. Performance in the Eastern Partner countries is weak when compared with countries in the EU-10 and EU pre-accession regions. 30% 25% Turkey 20% 15% Latvia Lithuania Estonia Czech Republic Slovenia 10% 5% Albania Slovak Republic Bulgaria Hungary Moldova Ukraine Belarus Poland Montenegro FYR Macedonia Serbia Bosnia-Herzegovina Romania Croatia Kosovo Armenia Georgia 0% Azerbaijan 0% 5% 10% 15% 20% 25% % of SMEs that spent on R&D ( ) 16

17 Average SME exports (% of sales) in 2011 Internationalisation: Benchmarking firm performance 3 Countries with better rates of SME financing tend to have a higher share of SMEs active in international markets. Access to loans varies substantially across the Eastern Partner countries, but is generally weak when compared with countries in the EU-10 and EU pre-accession regions. 30% 25% Turkey 20% 15% Latvia Lithuania Estonia Czech Republic Slovenia 10% 5% Ukraine Slovak Republic Croatia FYR Macedonia Bulgaria Bosnia-Herzegovina Serbia Romania Belarus Hungary Montenegro Moldova Poland Kosovo Albania Armenia Georgia Azerbaijan 0% 0% 10% 20% 30% 40% 50% 60% 70% 80% % of SMEs with a loan in

18 Average SME exports (% of sales) Average SME exports (% of sales) Average SME exports (% of sales) Average SME exports (% of sales) Internationalisation: Benchmarking firm performance 4 A clear positive correlation is observed between SME internationalisation and policies to foster and facilitate trade (SME Policy Index Dimension 7: Standards and technical regulations, SME Policy Index Dimension 10: Internationalisation of SMEs, OECD Trade Facilitation Indicators, World Bank Doing Business: Trading Across Borders). 30% 30% 25% Turkey 25% Turkey 20% 20% 15% 10% 5% 0% Bosnia- Croatia Herzegovina FYR Macedonia Serbia Kosovo Montenegro Belarus Moldova Ukraine Armenia Albania Georgia Azerbaijan % 10% 5% 0% Bosnia- Herzegovina FYR Macedonia Croatia Serbia Belarus Moldova Montenegro Kosovo Albania Ukraine Armenia Georgia Azerbaijan SME Policy Index 2012 Dimension 7: Standards and technical regulations SME Policy Index 2012 Dimension 10: Internationalisation 30% 30% 25% Turkey 25% Turkey 20% 15% 10% 5% 0% OECD Trade Facilitation Indicators (2012) 20% 15% 10% 5% 0% Czech Republic Latvia Lithuania Slovak Serbia Croatia FYR Macedonia Republic Bosnia- Bulgaria Belarus Hungary Romania Herzegovina Poland Moldova Montenegro Ukraine Albania Armenia Georgia Azerbaijan Czech Republic Slovenia Estonia Latvia Croatia Slovak Lithuania Bosnia-Serbia FYR Republic Macedonia Herzegovina Hungary Bulgaria Belarus Romania Moldova Montenegro Poland Kosovo Albania Ukraine Armenia Georgia Azerbaijan World Bank Doing Business: Trading Across Borders

19 Internationalisation: Measuring the impact of policies on firm performance (1/2) Objective: To examine the influence of aspects of the domestic business environment on the degree of internationalisation of SMEs in transition economies. Based on Shirokova and Tsukanova (2013) and Lejárraga et al. (2014), we measure the determinants of SME internationalisation (i.e. exports as a share of sales), using a set of firm-level characteristics and country-level institutional factors. Addition of variables on SME Policy Index 2012 scores for Dimension 7: Standards and technical regulations and Dimension 10: Internationalisation of SMEs (for Eastern Partner and EU preaccession regions) to measure the impact of the policy environment and support measures. 19

20 Internationalisation: Measuring the impact of policies on firm performance (2/2) Firm level factors affecting performance Impact of policies on performance Firm size has a positive and significant influence on a firm s propensity to export. Larger firms are more likely to engage in both direct and indirect export activity. Firms with a high share of foreign ownership, firms with an internationally recognised quality certification and firms using technology licensed from a foreign company are also more likely to be exporters. Manufacturing firms have a substantially higher likelihood of engaging in exports. The link between innovation and internationalisation is illustrated by the strong positive correlation between R&D expenditure and export activity. Formal training programmes have a positive impact on SME internationalisation. The World Bank Doing Business 2011 Trading Across Borders variable is positively correlated with SME exports, suggesting that country-level border procedures and trade costs have an important influence on a firm s ability to export. The SME Policy Index (2012) scores for Dimension 7: Standards and technical regulations and Dimension 10 Internationalisation of SMEs are important predictors of firm exports. This suggests that SMEs can benefit greatly from the removal of technical barriers to trade and government programmes to promote export-oriented SMEs to access international markets. The OECD Trade Facilitation Indicators variable is also positively correlated with firm exports, providing further evidence of the benefits that can come from improving border procedures and reducing trade costs. 20

21 Agenda 1. Objectives and methodology 2. Outline and summary of analysis: a) Access to finance b) Internationalisation c) R&D and innovation 21

22 R&D and innovation: Benchmarking firm performance 1 Innovation performance varies greatly across the region although in general performance is poorer than EU-10 and EU pre-accession region Gap between SMEs and large enterprises more notable in certain countries e.g. Georgia and Ukraine Firms reporting product innovation ( ) No innovation Innovation not new to market Innovation new to local market 1% 3% 4% 8% Innovation new to domestic market 1% 4% 2% 4% 1% 9% 6% 9% 4% 4% 3% 13% 7% 9% 8% 19% Innovation new to international market 3% 3% 1% 4% 4% 1% 12% 9% 5% 14% 8% 8% 15% 4% 8% 8% 4% 6% 6% 5% 4% 9% 6% 6% 10% 12% 11% 11% 8% 3% 17% 3% 6% 10% 9% 6% 5% 9% 16% 84% 84% 98% 88% 72% 55% 92% 69% 71% 65% 82% 65% 72% 60% 72% 63% SMEs Large SMEs Large SMEs Large SMEs Large SMEs Large SMEs Large SMEs Large SMEs Large Armenia Azerbaijan Belarus Georgia Moldova Ukraine EU-10 EU-PA 22

23 R&D and innovation: Benchmarking firm performance 2 Manufacturing SMEs more likely to introduce product innovation and more likely to introduce innovations that are new to the market Most innovations new to the firm in Armenia and Ukraine technology catch-up dynamics Manufacturing SMEs reporting product innovation ( ) No innovation Innovation not new to market Innovation new to local market Innovation new to domestic market 1% 4% 2% 1% 5% 9% 13% 14% 12% Innovation new to international market 1% 7% 9% 4% 2% 23% 5% 3% 1% 4% 6% 9% 5% 5% 9% 13% 6% 7% 17% 11% 99% 84% 86% 79% 56% 60% 63% 65% Armenia Azerbaijan Belarus Georgia Moldova Ukraine EU-10 EU-PA 23

24 % of SMEs introducing a product innovation ( ) R&D and innovation: Benchmarking firm performance 3 Innovation appears to have fallen across all countries in the post-crisis period Some Eastern Partner countries have been affected more strongly (e.g. Georgia and Azerbaijan), and all countries have fallen below 30% in % Percentage of SMEs introducing product innovation per country 90% 80% 45 line 70% 60% 50% 40% 30% 20% 10% Georgia Hungary Czech Republic Croatia Kosovo Romania Bosnia-Herzegovina Poland FYR Macedonia Slovenia Serbia Bulgaria Moldova Belarus Ukraine Estonia Lithuania Latvia Slovak Republic Armenia Albania Montenegro Turkey Azerbaijan 0% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% % of SMEs introducing a product innovation ( ) 24

25 % of SMEs exporting directly or indirectly (2011) R&D and innovation: Benchmarking firm performance 4 Close relationship between innovation and internationalisation with few exceptions Correlation not as strong in Eastern Partner countries other barriers and quality of innovations may be reasons why export performance not very strong across the region 100% 90% Percentage of innovative and exporting SMEs by country 80% 70% 60% Slovenia 50% Turkey Czech Republic 40% Estonia Serbia Slovak Republic Lithuania Croatia 30% FYR Macedonia Latvia Bulgaria Bosnia-Herzegovina Montenegro Poland Kosovo 20% Hungary Belarus Romania Ukraine Moldova 10% Albania Armenia Azerbaijan Georgia 0% 0% 10% 20% 30% 40% 50% 60% 70% % of SMEs introducing a product innovation ( ) 25

26 SMEPI Policy Index Dimension 8b scores (2012) R&D and innovation: Benchmarking firm performance 5 Overall positive relationship between a good policy environment for innovation (as measured by SME Policy Index Dimension 8b: Innovation) and percentage of SMEs that invest in R&D. The EaP countries are clustered in the lower end of both, indicating potential to improve policies and consequently performance Croatia 3.5 Turkey Serbia Albania Belarus Ukraine Moldova Georgia Montenegro Armenia FYR Macedonia Bosnia-Herzegovina 1.5 Azerbaijan Kosovo % 5% 10% 15% 20% 25% % of SMEs investing in R&D ( ) 26

27 R&D and innovation: Measuring impact of policies on performance (1/2) Objective: To examine the influence of the policy environment on SME investment in R&D and explore the link between R&D, innovation and productivity in transition economies. Based on the Crépon, Duguet, Mairesse (1998) model, which has three stages: 1. Firms make a decision on whether and how much to invest in R&D 2. Firms produce innovation output (sales from innovative products) determined by investment in R&D 3. Labour productivity is determined by innovation output Addition of variable on SME Policy Index 2012 scores for Dimension 8b (for Eastern Partner and EU pre-accession regions) to measure impact of the policy environment and support measures 27

28 R&D and innovation: Measuring impact of policies on performance (2/2) Firm level factors affecting performance Impact of policies on performance Likelihood to report R&D expenditure and innovation output both increase with firm size. While larger firms invest less in R&D in per employee terms, due to their size, they are more likely to report R&D and invest more in absolute terms, resulting in higher innovation output. Manufacturing firms are the most likely to report R&D expenditure, followed by non-retail services and retail. Labour intensive industries are less likely to report R&D expenditure and have a lower volume of sales due to innovative products. Exporting firms invest more in R&D, conforming to expectations regarding increased technology transfer and adoption with internationalisation, particularly for those countries which are within the technology frontier. Innovation output appears to have a very strong impact on productivity. The SME Policy Index: Dimension 8b Innovation scores have a positive and significant impact on the likelihood to invest in R&D, and have a positive but insignificant impact on R&D intensity. 28

29 Contact details Meryem Torun Policy Analyst OECD Global Relations Daniel Quadbeck Project Manager OECD Global Relations Jibran Punthakey Economist/Policy Analyst OECD Global Relations 29

Stuck in Transition? STUCK IN TRANSITION? TRANSITION REPORT Jeromin Zettelmeyer Deputy Chief Economist. Turkey country visit 3-6 December 2013

Stuck in Transition? STUCK IN TRANSITION? TRANSITION REPORT Jeromin Zettelmeyer Deputy Chief Economist. Turkey country visit 3-6 December 2013 TRANSITION REPORT 2013 www.tr.ebrd.com STUCK IN TRANSITION? Stuck in Transition? Turkey country visit 3-6 December 2013 Jeromin Zettelmeyer Deputy Chief Economist Piroska M. Nagy Director for Country Strategy

More information

Supplementary information for the article:

Supplementary information for the article: Supplementary information for the article: Happy moves? Assessing the link between life satisfaction and emigration intentions Artjoms Ivlevs Contents 1. Summary statistics of variables p. 2 2. Country

More information

Global assessments. Fifth session of the OIC-STATCOM meeting May Claudia Junker. Eurostat. Eurostat

Global assessments. Fifth session of the OIC-STATCOM meeting May Claudia Junker. Eurostat. Eurostat Global assessments Fifth session of the OIC-STATCOM meeting 12-13 May 2015 Claudia Junker 1 Content Background information Assessments/evaluations implemented Outside the EU Inside the EU Reasons for requesting

More information

Overview of Demographic. Eastern Europe and the Former Soviet Union. Change and Migration in. Camille Nuamah (for Bryce Quillin)

Overview of Demographic. Eastern Europe and the Former Soviet Union. Change and Migration in. Camille Nuamah (for Bryce Quillin) Overview of Demographic Change and Migration in Eastern Europe and the Former Soviet Union Camille Nuamah (for Bryce Quillin) Albania World Bank Conference on Development Economics 10 June 2008 1 ECA Regional

More information

9 th International Workshop Budapest

9 th International Workshop Budapest 9 th International Workshop Budapest 2-5 October 2017 15 years of LANDNET-working: an Overview Frank van Holst, LANDNET Board / RVO.nl 9th International LANDNET Workshop - Budapest, 2-5 October 2017 Structure

More information

Gender pay gap in public services: an initial report

Gender pay gap in public services: an initial report Introduction This report 1 examines the gender pay gap, the difference between what men and women earn, in public services. Drawing on figures from both Eurostat, the statistical office of the European

More information

Gender in the South Caucasus: A Snapshot of Key Issues and Indicators 1

Gender in the South Caucasus: A Snapshot of Key Issues and Indicators 1 Public Disclosure Authorized Public Disclosure Authorized Gender in the South Caucasus: A Snapshot of Key Issues and Indicators 1 Armenia, Azerbaijan and Georgia have made progress in many gender-related

More information

WILL CHINA S SLOWDOWN BRING HEADWINDS OR OPPORTUNITIES FOR EUROPE AND CENTRAL ASIA?

WILL CHINA S SLOWDOWN BRING HEADWINDS OR OPPORTUNITIES FOR EUROPE AND CENTRAL ASIA? ECA Economic Update April 216 WILL CHINA S SLOWDOWN BRING HEADWINDS OR OPPORTUNITIES FOR EUROPE AND CENTRAL ASIA? Maurizio Bussolo Chief Economist Office and Asia Region April 29, 216 Bruegel, Brussels,

More information

The Economies in Transition: The Recovery

The Economies in Transition: The Recovery Georgetown University From the SelectedWorks of Robert C. Shelburne October, 2011 The Economies in Transition: The Recovery Robert C. Shelburne, United Nations Economic Commission for Europe Available

More information

Studies in Applied Economics

Studies in Applied Economics SAE./No.95/December 2017 Studies in Applied Economics AN EXAMINATION OF THE FORMER CENTRALLY PLANNED ECONOMIES 25 YEARS AFTER THE FALL OF COMMUNISM By James D. Gwartney and Hugo Montesinos Johns Hopkins

More information

OECD-Hungary Regional Centre for Competition. Annual Activity Report 2005

OECD-Hungary Regional Centre for Competition. Annual Activity Report 2005 OECD-Hungary Regional Centre for Competition Annual Activity Report 2005 I. Introduction and organisational setup The OECD-Hungary Regional Centre for Competition (RCC) was established by the Organisation

More information

RESTRICTED. COUNCIL Original: English/ 12 May 1993 French/ Spanish

RESTRICTED. COUNCIL Original: English/ 12 May 1993 French/ Spanish GENERAL AGREEMENT ON TARIFFS AND TRADE RESTRICTED 10 May 1993 Limited Distribution COUNCIL Original: English/ 12 May 1993 French/ Spanish EUROPEAN COMMUNITIES - TRANSITIONAL MEASURES TO TAKE ACCOUNT OF

More information

A REBALANCING ACT IN EMERGING EUROPE AND CENTRAL ASIA. April 17, 2015 Spring Meetings

A REBALANCING ACT IN EMERGING EUROPE AND CENTRAL ASIA. April 17, 2015 Spring Meetings A REBALANCING ACT IN EMERGING EUROPE AND CENTRAL ASIA April 17, 2015 Spring Meetings A Rebalancing Act in Emerging Europe and Central Asia ECA is expected to be the slowest growing region worldwide with

More information

Stimulating Investment in the Western Balkans. Ellen Goldstein World Bank Country Director for Southeast Europe

Stimulating Investment in the Western Balkans. Ellen Goldstein World Bank Country Director for Southeast Europe Stimulating Investment in the Western Balkans Ellen Goldstein World Bank Country Director for Southeast Europe February 24, 2014 Key Messages Location, human capital and labor costs make investing in the

More information

Measuring Social Inclusion

Measuring Social Inclusion Measuring Social Inclusion Measuring Social Inclusion Social inclusion is a complex and multidimensional concept that cannot be measured directly. To represent the state of social inclusion in European

More information

LMG Women in Business Law Awards - Europe - Firm Categories

LMG Women in Business Law Awards - Europe - Firm Categories LMG Women in Business Law Awards - Europe - Firm Categories Welcome to the Euromoney LMG Women in Business Law Awards submissions survey 1. Your details First Name Last Name Position Email Address Firm

More information

Poverty and Shared Prosperity in Moldova: Progress and Prospects. June 16, 2016

Poverty and Shared Prosperity in Moldova: Progress and Prospects. June 16, 2016 Poverty and Shared Prosperity in Moldova: Progress and Prospects June 16, 2016 Overview Moldova experienced rapid economic growth, accompanied by significant progress in poverty reduction and shared prosperity.

More information

Moldova Country Gender Action Plan (CGAP)

Moldova Country Gender Action Plan (CGAP) Moldova Country Gender Action Plan (CGAP) Donor coordination meeting, Chisinau, Moldova March 30, 2017 Presentation Outline What is the Country Gender Action Plan (CGAP)? The CGAP Process Output 1: Synthesis

More information

The Economies in Transition: The Recovery Project LINK, New York 2011 Robert C. Shelburne Economic Commission for Europe

The Economies in Transition: The Recovery Project LINK, New York 2011 Robert C. Shelburne Economic Commission for Europe The Economies in Transition: The Recovery Project LINK, New York 2011 Robert C. Shelburne Economic Commission for Europe EiT growth was similar or above developing countries pre-crisis, but significantly

More information

Italy Luxembourg Morocco Netherlands Norway Poland Portugal Romania

Italy Luxembourg Morocco Netherlands Norway Poland Portugal Romania 1. Label the following countries on the map: Albania Algeria Austria Belgium Bulgaria Czechoslovakia Denmark East Germany Finland France Great Britain Greece Hungary Iceland Ireland Italy Luxembourg Morocco

More information

Shaping the Future of Transport

Shaping the Future of Transport Shaping the Future of Transport Welcome to the International Transport Forum Over 50 Ministers Shaping the transport policy agenda The International Transport Forum is a strategic think tank for the transport

More information

European Neighbourhood Policy

European Neighbourhood Policy European Neighbourhood Policy Page 1 European Neighbourhood Policy Introduction The EU s expansion from 15 to 27 members has led to the development during the last five years of a new framework for closer

More information

EuCham Charts. October Youth unemployment rates in Europe. Rank Country Unemployment rate (%)

EuCham Charts. October Youth unemployment rates in Europe. Rank Country Unemployment rate (%) EuCham Charts October 2015 Youth unemployment rates in Europe Rank Country Unemployment rate (%) 1 Netherlands 5.0 2 Norway 5.5 3 Denmark 5.8 3 Iceland 5.8 4 Luxembourg 6.3... 34 Moldova 30.9 Youth unemployment

More information

Index for the comparison of the efficiency of 42 European judicial systems, with data taken from the World Bank and Cepej reports.

Index for the comparison of the efficiency of 42 European judicial systems, with data taken from the World Bank and Cepej reports. FB Index 2012 Index for the comparison of the efficiency of 42 European judicial systems, with data taken from the World Bank and Cepej reports. Introduction The points of reference internationally recognized

More information

THE EUROPEAN COURT OF HUMAN RIGHTS IN FACTS & FIGURES

THE EUROPEAN COURT OF HUMAN RIGHTS IN FACTS & FIGURES THE EUROPEAN COURT OF HUMAN RIGHTS IN FACTS & FIGURES 2017 This document has been prepared by the Public Relations Unit of the Court, and does not bind the Court. It is intended to provide basic general

More information

The global and regional policy context: Implications for Cyprus

The global and regional policy context: Implications for Cyprus The global and regional policy context: Implications for Cyprus Dr Zsuzsanna Jakab WHO Regional Director for Europe Policy Dialogue on Health System and Public Health Reform in Cyprus: Health in the 21

More information

wiiw releases 2018 Handbook of Statistics covering 22 CESEE economies

wiiw releases 2018 Handbook of Statistics covering 22 CESEE economies Wiener Institut für Internationale Wirtschaftsvergleiche The Vienna Institute for International Economic Studies PRESS RELEASE 21 January 2019 wiiw releases 2018 Handbook of Statistics covering 22 CESEE

More information

EUROPEAN SOCIAL CHARTER Social Rights Monitoring :

EUROPEAN SOCIAL CHARTER Social Rights Monitoring : EUROPEAN SOCIAL CHARTER Social Rights Monitoring 15 215: Children, Family ant et ld R Migrants MAIN FINDING 215 CONCLUSIONS OF THE EUROPEAN COMMITTEE OF SOCIAL RIGHTS WHAT YOU NEED TO KNOW NON-CONFORMITY

More information

Child poverty in Europe and Central Asia region: definitions, measurement, trends and recommendations. Discussion paper UNICEF RO ECAR

Child poverty in Europe and Central Asia region: definitions, measurement, trends and recommendations. Discussion paper UNICEF RO ECAR Child poverty in Europe and Central Asia region: definitions, measurement, trends and recommendations Discussion paper UNICEF RO ECAR Child poverty and need for measurement Child poverty is one of the

More information

ANTI-CORRUPTION ACTION PLAN PREAMBLE 2

ANTI-CORRUPTION ACTION PLAN PREAMBLE 2 for Armenia, Azerbaijan, Georgia, the Russian Federation, Tajikistan and Ukraine 1 PREAMBLE 2 We, the Heads of Governmental Delegations from Armenia, Azerbaijan, Georgia, the Russian Federation, Tajikistan

More information

TECHNICAL BRIEF August 2013

TECHNICAL BRIEF August 2013 TECHNICAL BRIEF August 2013 GENDER EQUALITY IN TRIPARTITE SOCIAL DIALOGUE IN EUROPE AND CENTRAL ASIA Angelika Muller and Sarah Doyle 1 GOVERNANCE Tripartite social dialogue and gender equality are both

More information

Workshop Animal Welfare in Europe: achievements and future prospects. Dr Olga Zorko,, DG Enlargement, Taiex

Workshop Animal Welfare in Europe: achievements and future prospects. Dr Olga Zorko,, DG Enlargement, Taiex Workshop Animal Welfare in Europe: achievements and future prospects Dr Olga Zorko,,, Taiex EUROPEAN COMMISSION - D4 Institution Building unit-taiex (Technical Assistance Information Exchange Instrument)

More information

Reforming the Judiciary: Learning from the Experience of Central, Eastern, and Southeastern Europe

Reforming the Judiciary: Learning from the Experience of Central, Eastern, and Southeastern Europe E U R Reforming the Judiciary: Learning from the Experience of Central, Eastern, and Southeastern Europe Chapter 2 of Fall 2017 Regional Economic Outlook Laura Papi Assistant Director, Emerging Economies

More information

Labor Productivity CHAPTER 2

Labor Productivity CHAPTER 2 CHAPTER 2 Labor Productivity Accompanying the transition from command to market economies were substantial changes in the sectoral composition of value added with a broad pattern of deindustrialization,

More information

3-The effect of immigrants on the welfare state

3-The effect of immigrants on the welfare state 3-The effect of immigrants on the welfare state Political issues: Even if in the long run migrants finance the pay as you go pension system, migrants may be very costly for the destination economy because

More information

The effect of migration in the destination country:

The effect of migration in the destination country: The effect of migration in the destination country: This topic can be broken down into several issues: 1-the effect of immigrants on the aggregate economy 2-the effect of immigrants on the destination

More information

Annex 1. Technical notes for the demographic and epidemiological profile

Annex 1. Technical notes for the demographic and epidemiological profile 139 Annex 1. Technical notes for the demographic and epidemiological profile 140 The European health report 2012: charting the way to well-being Data sources and methods Data sources for this report include

More information

Global Harmonisation of Automotive Lighting Regulations

Global Harmonisation of Automotive Lighting Regulations Transmitted by the expert from GTB Informal document GRE-68-10 (68th GRE, 16-18 October 2012) agenda item 19(a)) Global Harmonisation of Automotive Lighting Regulations This discussion document has been

More information

Preliminary Version. Friedrich Schneider**) 1 Introduction Econometric Results References... 9

Preliminary Version. Friedrich Schneider**) 1 Introduction Econometric Results References... 9 March 2009 C:/Pfusch/ShadEcon_25Transitioncountries - reversed version.doc The Size of the Shadow Economy for 25 Transition Countries over 1999/00 to 2006/07: What do we know? *) Preliminary Version by

More information

BULGARIAN TRADE WITH EU IN JANUARY 2017 (PRELIMINARY DATA)

BULGARIAN TRADE WITH EU IN JANUARY 2017 (PRELIMINARY DATA) BULGARIAN TRADE WITH EU IN JANUARY 2017 (PRELIMINARY DATA) In January 2017 Bulgarian exports to the EU increased by 7.2% month of 2016 and amounted to 2 426.0 Million BGN (Annex, Table 1 and 2). Main trade

More information

The Boom-Bust in the EU New Member States: The Role of Fiscal Policy

The Boom-Bust in the EU New Member States: The Role of Fiscal Policy The Boom-Bust in the EU New Member States: The Role of Fiscal Policy JVI Lecture, Vienna, January 21, 216 Bas B. Bakker Senior Regional Resident Representative for Central and Eastern Europe Outline The

More information

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MARCH 2016 (PRELIMINARY DATA)

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MARCH 2016 (PRELIMINARY DATA) BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MARCH 2016 (PRELIMINARY DATA) In the period January - March 2016 Bulgarian exports to the EU grew by 2.6% in comparison with the same 2015 and amounted to

More information

2nd Ministerial Conference of the Prague Process Action Plan

2nd Ministerial Conference of the Prague Process Action Plan English version 2nd Ministerial Conference of the Prague Process Action Plan 2012-2016 Introduction We, the Ministers responsible for migration and migration-related matters from Albania, Armenia, Austria,

More information

WHO Global Code of Practice on the International Recruitment of Health Personnel. Findings of the first round of reporting.

WHO Global Code of Practice on the International Recruitment of Health Personnel. Findings of the first round of reporting. WHO Global Code of Practice on the International Recruitment of Health Personnel. Findings of the first round of reporting. Dr Galina Perfilieva WHO Regional Office for Europe Negotiations and adoption

More information

Collective Bargaining in Europe

Collective Bargaining in Europe Collective Bargaining in Europe Collective bargaining and social dialogue in Europe Trade union strength and collective bargaining at national level Recent trends and particular situation in public sector

More information

Economic Growth, Foreign Investments and Economic Freedom: A Case of Transition Economy Kaja Lutsoja

Economic Growth, Foreign Investments and Economic Freedom: A Case of Transition Economy Kaja Lutsoja Economic Growth, Foreign Investments and Economic Freedom: A Case of Transition Economy Kaja Lutsoja Tallinn School of Economics and Business Administration of Tallinn University of Technology The main

More information

2016 Europe Travel Trends Report

2016 Europe Travel Trends Report 2016 Europe Travel Trends Report One-third of worldwide travellers report1 they ll spend more on travel in 2016 than the year previous. Of those big spenders, Europeans dominate the list, with Switzerland,

More information

Former Centrally Planned Economies 25 Years after the Fall of Communism James D. Gwartney and Hugo M. Montesinos

Former Centrally Planned Economies 25 Years after the Fall of Communism James D. Gwartney and Hugo M. Montesinos Former Centrally Planned Economies 25 Years after the Fall of Communism James D. Gwartney and Hugo M. Montesinos A little more than a quarter of a century has passed since the collapse of communism, which

More information

The Impact of the Global Economic Crisis on Central and Eastern Europe. Mark Allen

The Impact of the Global Economic Crisis on Central and Eastern Europe. Mark Allen The Impact of the Global Economic Crisis on Central and Eastern Europe Fourth Central European CEMS Conference Warsaw, February 25, 211 Mark Allen Senior IMF Resident Representative for Central and Eastern

More information

CEE Annual Compliance Update

CEE Annual Compliance Update CEE Annual Compliance Update Madina Torchinova Regional Compliance Officer CEE, Sandoz The Sixth International Pharmaceutical Compliance Congress and Best Practices Forum Budapest, May 14-16, 2012 a Novartis

More information

The Use of Household Surveys to Collect Better Data on International Migration and Remittances, with a Focus on the CIS States

The Use of Household Surveys to Collect Better Data on International Migration and Remittances, with a Focus on the CIS States The Use of Household Surveys to Collect Better Data on International Migration and Remittances, with a Focus on the CIS States Richard E. Bilsborrow University of North Carolina at Chapel Hill (consultant

More information

The political economy of electricity market liberalization: a cross-country approach

The political economy of electricity market liberalization: a cross-country approach The political economy of electricity market liberalization: a cross-country approach Erkan Erdogdu PhD Candidate The 30 th USAEE/IAEE North American Conference California Room, Capital Hilton Hotel, Washington

More information

Council of Europe Development Bank (CEB)

Council of Europe Development Bank (CEB) Council of Europe Development Bank (CEB) Supporting social cohesion across Europe: financing social and affordable housing Viorica REVENCO, ACCA Economist 5 May 2015 viorica.revenco@coebank.org The CEB:

More information

International Trade Union Confederation Pan-European Regional Council (PERC) CONSTITUTION (as amended by 3 rd PERC General Assembly, 15 December 2015)

International Trade Union Confederation Pan-European Regional Council (PERC) CONSTITUTION (as amended by 3 rd PERC General Assembly, 15 December 2015) 1 International Trade Union Confederation Pan-European Regional Council (PERC) CONSTITUTION (as amended by 3 rd PERC General Assembly, 15 December 2015) I. Principles, aims and objectives. A Pan-European

More information

wiiw Workshop Connectivity in Central Asia Mobility and Labour Migration

wiiw Workshop Connectivity in Central Asia Mobility and Labour Migration wiiw Workshop Connectivity in Central Asia Mobility and Labour Migration Vienna 15-16 December 2016 Radim Zak Programme Manager, ICMPD Radim.Zak@icmpd.org The project is funded by the European Union What

More information

UNIDEM CAMPUS FOR THE SOUTHERN MEDITERRANEAN COUNTRIES

UNIDEM CAMPUS FOR THE SOUTHERN MEDITERRANEAN COUNTRIES UNIDEM CAMPUS FOR THE SOUTHERN MEDITERRANEAN COUNTRIES Venice Commission of Council of Europe STRENGTHENING THE LEGAL CAPACITIES OF THE CIVIL SERVICE IN THE SOUTHERN MEDITERRANEAN COUNTRIES Administrations

More information

Mark Allen. The Financial Crisis and Emerging Europe: What Happened and What s Next? Senior IMF Resident Representative for Central and Eastern Europe

Mark Allen. The Financial Crisis and Emerging Europe: What Happened and What s Next? Senior IMF Resident Representative for Central and Eastern Europe The Financial Crisis and Emerging Europe: What Happened and What s Next? Seminar with Romanian Trade Unions Bucharest, November 2, 21 Mark Allen Senior IMF Resident Representative for Central and Eastern

More information

International Goods Returns Service

International Goods Returns Service International Goods Returns Service Customer User Guide and Rate card v2.4 24 th August 2012 Service Overview An international reply-paid goods returns service available across 28 countries It offers end

More information

The economic outlook for Europe and Central Asia, including the impact of China

The economic outlook for Europe and Central Asia, including the impact of China ECA Economic Update April 216 The economic outlook for and, including the impact of China Hans Timmer Chief Economist and Region April 7, 216 Kiev, Ukraine 1 Overview Low growth is expected in and (ECA),

More information

Migration and Integration

Migration and Integration Migration and Integration Integration in Education Education for Integration Istanbul - 13 October 2017 Francesca Borgonovi Senior Analyst - Migration and Gender Directorate for Education and Skills, OECD

More information

HAPPINESS, HOPE, ECONOMIC OPTIMISM

HAPPINESS, HOPE, ECONOMIC OPTIMISM HAPPINESS, HOPE, ECONOMIC OPTIMISM Gallup International s 41 st Annual Global End of Year Survey Opinion Poll in 55 Countries Across the Globe October December 2017 Disclaimer: Gallup International Association

More information

VISA POLICY OF THE REPUBLIC OF KAZAKHSTAN

VISA POLICY OF THE REPUBLIC OF KAZAKHSTAN VISA POLICY OF THE REPUBLIC OF KAZAKHSTAN Country Diplomatic Service National Term of visafree stay CIS countries 1 Azerbaijan visa-free visa-free visa-free 30 days 2 Kyrgyzstan visa-free visa-free visa-free

More information

The Multidimensional Financial Inclusion MIFI 1

The Multidimensional Financial Inclusion MIFI 1 2016 Report Tracking Financial Inclusion The Multidimensional Financial Inclusion MIFI 1 Financial Inclusion Financial inclusion is an essential ingredient of economic development and poverty reduction

More information

Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level

Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level *4898249870-I* GEOGRAPHY 9696/31 Paper 3 Advanced Human Options October/November 2015 INSERT 1 hour 30

More information

Overview ECHR

Overview ECHR Overview 1959-2016 ECHR This document has been prepared by the Public Relations Unit of the Court, and does not bind the Court. It is intended to provide basic general information about the way the Court

More information

Content. Introduction of EUROMIL. Fundamental Rights for Military Personnel. Added value of military unions/associations

Content. Introduction of EUROMIL. Fundamental Rights for Military Personnel. Added value of military unions/associations Content Introduction of EUROMIL Fundamental Rights for Military Personnel Added value of military unions/associations Situation on the RoA in Europe Founded: 1972 Factsheet: EUROMIL 40 associations from

More information

The Influence of Firm Characteristics and Export Performance in Central and Eastern Europe: Comparisons of Visegrad, Baltic and Caucasus States

The Influence of Firm Characteristics and Export Performance in Central and Eastern Europe: Comparisons of Visegrad, Baltic and Caucasus States 2014, Vol. 2, No. 1 The Influence of Firm Characteristics and Export Performance in Central and Eastern Europe: Comparisons of Visegrad, Baltic and Caucasus States Andrzej Cieślik, Jan Michałek, Anna Michałek

More information

Safety KPA. Regional Performance Framework Workshop, Baku, Azerbaijan, April ICAO European and North Atlantic Office. 9 April 2014 Page 1

Safety KPA. Regional Performance Framework Workshop, Baku, Azerbaijan, April ICAO European and North Atlantic Office. 9 April 2014 Page 1 Safety KPA Regional Performance Framework Workshop, Baku, Azerbaijan, 10-11 April 2014 ICAO European and North Atlantic Office 9 April 2014 Page 1 Safety (Doc 9854) Doc 9854 Appendix D Safety is the highest

More information

Report Launch December 9, 2011 ODI, London

Report Launch December 9, 2011 ODI, London Report Launch December 9, 2011 ODI, London Outline Rationale Concepts and assumptions Reform strategies Information interventions Grievance redress Looking ahead 2 Rationale: Why focus on accountability?

More information

Overview ECHR

Overview ECHR Overview 1959-2017 ECHR This document has been prepared by the Public Relations Unit of the Court, and does not bind the Court. It is intended to provide basic general information about the way the Court

More information

APPENDIX 1: MEASURES OF CAPITALISM AND POLITICAL FREEDOM

APPENDIX 1: MEASURES OF CAPITALISM AND POLITICAL FREEDOM 1 APPENDIX 1: MEASURES OF CAPITALISM AND POLITICAL FREEDOM All indicators shown below were transformed into series with a zero mean and a standard deviation of one before they were combined. The summary

More information

Session III Financial Markets Discussion

Session III Financial Markets Discussion Six Years After EU Enlargement Austria and Its Eastern Neighbors Session III Financial Markets Discussion Claire Waysand, Assistant Director European Department International Monetary Fund *copyright rests

More information

ENC Academic Council, Partnerships and Organizational Guidelines

ENC Academic Council, Partnerships and Organizational Guidelines ENC Academic Council, Partnerships and Organizational Guidelines The following document outlines the exact organisational structure and membership obligations, guidelines and decision-making rights of

More information

Europe. Eastern Europe South-Eastern Europe Central Europe and the Baltic States Western Europe

Europe. Eastern Europe South-Eastern Europe Central Europe and the Baltic States Western Europe Eastern Europe South-Eastern Europe Central Europe and the Baltic States Western Europe Working environment UNHCR s operations in Europe, covering 48 countries, respond to a wide variety of challenges

More information

Social. Charter. The. at a glance

Social. Charter. The. at a glance The Social Charter at a glance The European Social Charter Human Rights, together, every day The European Social Charter (referred to below as the Charter ) is a treaty of the Council of Europe which sets

More information

BRAND. Cross-national evidence on the relationship between education and attitudes towards immigrants: Past initiatives and.

BRAND. Cross-national evidence on the relationship between education and attitudes towards immigrants: Past initiatives and. Cross-national evidence on the relationship between education and attitudes towards immigrants: Past initiatives and future OECD directions EMPLOYER BRAND Playbook Promoting Tolerance: Can education do

More information

a

a Europe and Central Asia Recent developments GDP growth in the Europe and Central Asia region eased slightly, from 6.9 percent in to 6.7 percent in, reflecting a modest softening of both external and domestic

More information

Research Program on Access to Finance

Research Program on Access to Finance Research Program on Access to Finance Asli Demirguc-Kunt The World Bank Prepared for Knowledge for Change November 9, 2006 Why are we interested in access? Financial exclusion is likely to act as a brake

More information

The National Police Immigration Service (NPIS) forcibly returned 429 persons in January 2018, and 137 of these were convicted offenders.

The National Police Immigration Service (NPIS) forcibly returned 429 persons in January 2018, and 137 of these were convicted offenders. Monthly statistics January 2018: Forced returns from Norway The National Police Immigration Service (NPIS) forcibly returned 429 persons in January 2018, and 137 of these were convicted offenders. The

More information

SEPT 6, Fall of USSR and Yugoslavia Get out notebook, ESPN highlighters, and pencil

SEPT 6, Fall of USSR and Yugoslavia Get out notebook, ESPN highlighters, and pencil SEPT 6, 2017 Fall of USSR and Yugoslavia Get out notebook, ESPN highlighters, and pencil EQ: How did the fall of communism lead to the turmoil in Yugoslavia in the 1990s? Problems of Soviet Union in 1980

More information

8193/11 GL/mkl 1 DG C I

8193/11 GL/mkl 1 DG C I COUNCIL OF THE EUROPEAN UNION Brussels, 25 March 2011 8193/11 AVIATION 70 INFORMATION NOTE From: European Commission To: Council Subject: State of play of ratification by Member States of the aviation

More information

Total dimensions are the total world endowments of labor and capital.

Total dimensions are the total world endowments of labor and capital. Trade in Factors of Production: unotes10.pdf (Chapter 15) 1 Simplest case: One good, X Two factors of production, L and K Two countries, h and f. Figure 15.1 World Edgeworth Box. Total dimensions are the

More information

Introduction: The State of Europe s Population, 2003

Introduction: The State of Europe s Population, 2003 Introduction: The State of Europe s Population, 2003 Changes in the size, growth and composition of the population are of key importance to policy-makers in practically all domains of life. To provide

More information

INNOVATORS VS. NON- INNOVATORS PERCEPTIONS ON BUSINESS BARRIERS IN SOUTHEASTERN EUROPE

INNOVATORS VS. NON- INNOVATORS PERCEPTIONS ON BUSINESS BARRIERS IN SOUTHEASTERN EUROPE INNOVATORS VS. NON- INNOVATORS PERCEPTIONS ON BUSINESS BARRIERS IN SOUTHEASTERN EUROPE Ljiljana BOŽIĆ, PhD The Institute of Economics, Zagreb, Republic of Croatia ljbozic@eizg.hr Valerija BOTRIĆ, PhD The

More information

Health systems responses to the economic crisis in Europe

Health systems responses to the economic crisis in Europe Health systems responses to the economic crisis in Europe Gastein, October 3 rd 2012 Philipa Mladovsky Research Fellow London School of Economics LSE Health GDP growth and change in public spending on

More information

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - FEBRUARY 2017 (PRELIMINARY DATA)

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - FEBRUARY 2017 (PRELIMINARY DATA) BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - FEBRUARY 2017 (PRELIMINARY DATA) In the period January - February 2017 Bulgarian exports to the EU increased by 9.0% to the same 2016 and amounted to 4 957.2

More information

Participation in the EU Internal Market: the experience of NMS and its relevance to the ENP

Participation in the EU Internal Market: the experience of NMS and its relevance to the ENP Center for Social and Economic Research Marek Dabrowski Participation in the EU Internal Market: the experience of NMS and its relevance to the ENP Presentation prepared for the 10th Euro-Med Economic

More information

Mature leader of the CEE region

Mature leader of the CEE region Mature leader of the CEE region EY s Attractiveness Survey Poland May 2017 Contents 1 Introduction 4 FDI global inflows 5 Investors vote remain in Europe 7 Europe s return to steady economic growth deferred?

More information

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - JUNE 2014 (PRELIMINARY DATA)

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - JUNE 2014 (PRELIMINARY DATA) BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - JUNE 2014 (PRELIMINARY DATA) In the period January - June 2014 Bulgarian exports to the EU increased by 2.8% to the corresponding the year and amounted to

More information

Data on gender pay gap by education level collected by UNECE

Data on gender pay gap by education level collected by UNECE United Nations Working paper 18 4 March 2014 Original: English Economic Commission for Europe Conference of European Statisticians Group of Experts on Gender Statistics Work Session on Gender Statistics

More information

Impact Of Economic Freedom On Economic Development: A Nonparametric Approach To Evaluation

Impact Of Economic Freedom On Economic Development: A Nonparametric Approach To Evaluation Impact Of Economic Freedom On Economic Development: A Nonparametric Approach To Evaluation Andrea Vondrová, Ing., PhD Elena Fifeková, Ing., PhD University of Economics, Faculty of National Economy, Department

More information

2018 CONSTITUTION OF THE EUROPEAN TENNIS FEDERATION

2018 CONSTITUTION OF THE EUROPEAN TENNIS FEDERATION 2018 CONSTITUTION OF THE EUROPEAN TENNIS FEDERATION 1 CONTENTS I) GENERAL PROVISIONS... 3 1. NAME AND LEGAL FORM... 3 2. HEADQUARTERS... 3 3. OBJECTIVES... 3 II) MEMBERSHIP... 3 4. MEMBERSHIP... 3 5. ADMISSION

More information

THE STATUS OF STATISTICS ON WOMEN AND MEN S ENTREPRENEURSHIP IN THE UNECE REGION

THE STATUS OF STATISTICS ON WOMEN AND MEN S ENTREPRENEURSHIP IN THE UNECE REGION THE STATUS OF STATISTICS ON WOMEN AND MEN S ENTREPRENEURSHIP IN THE UNECE REGION By Statistical Division, UNECE 1 Regional Symposium on Mainstreaming Gender into Economic Policies 28-30 January 2004 Room

More information

HIGH-LEVEL DECLARATION

HIGH-LEVEL DECLARATION Preamble HIGH-LEVEL DECLARATION Declaration of the Directors-General following the High Level Forum on Customs Cooperation at the Eastern Border of the EU, Vienna, 9-10 October 2008 The participating customs

More information

GLOBAL CORRUPTION PERCEPTION INDEX (CPI) 2017 published 21 February

GLOBAL CORRUPTION PERCEPTION INDEX (CPI) 2017 published 21 February GLOBAL CORRUPTION PERCEPTION INDEX (CPI) 2017 published 21 February 2018 www.transparentnost.org.rs www.transparency.org/cpi Corruption Perception Index for 2017 Global (180 states/territories) agregate

More information

The EU Macro-regional Strategies relevant for Western Balkans, with specific Focus on the Environmental Issues

The EU Macro-regional Strategies relevant for Western Balkans, with specific Focus on the Environmental Issues Marco ONIDA, DG REGIO, Brussels Frithjof EHM, DG REGIO, Brussels The EU Macro-regional Strategies relevant for Western Balkans, with specific Focus on the Environmental Issues Sarajevo, 14 April 2016 10:00

More information

The Penalty of Life Imprisonment in the Light of European Penitentiary Statistics

The Penalty of Life Imprisonment in the Light of European Penitentiary Statistics The Penalty of Life Imprisonment in the Light of European Penitentiary Statistics Beata Gruszczyńska 1 Introduction This article provides basic statistical data on prison populations in European countries.

More information

PISA 2015 in Hong Kong Result Release Figures and Appendices Accompanying Press Release

PISA 2015 in Hong Kong Result Release Figures and Appendices Accompanying Press Release PISA 2015 in Hong Kong Result Release Figures and Appendices Accompanying Press Release Figure 1-7 and Appendix 1,2 Figure 1: Comparison of Hong Kong Students Performance in Science, Reading and Mathematics

More information

Self-employment of older people in eastern EU countries

Self-employment of older people in eastern EU countries Self-employment of older people in eastern EU countries dr Łukasz Sienkiewicz Social Situation Monitor Seminar on Self-employment Brussels 21 May 2015 Introductory remarks Relatively weak evidence base

More information

Romania's position in the online database of the European Commission on gender balance in decision-making positions in public administration

Romania's position in the online database of the European Commission on gender balance in decision-making positions in public administration Romania's position in the online database of the European Commission on gender balance in decision-making positions in public administration Comparative Analysis 2014-2015 Str. Petofi Sandor nr.47, Sector

More information