This paper assesses the drivers of tax effort in a sample of 122 countries from 1980 to 2017,
using both the Bird and Frank indices to measure tax effort. Our focus is on five blocks of …

Objective: This article aims to assess the impact of the euro on the Lithuanian international
trade by detecting the changes of the relevant economic indicators before and after the …

This paper considers the public expenditures in the Republic of Macedonia, especially the
capital expenditures and their structure in the period from 2005–2013. The analysis …

Creation of a monetary union, carries along certain costs and benefits. Benefits of monetary
union mainly stem from reducing transaction costs and eliminating exchange-rate …

The paper analyzes the impact of massive capital flows and possible sudden stops on
current account reversals. The aim of this paper is to consider the relationship between …

Motivation: Based on theory, the introduction of a single currency should cause a decrease
in transaction costs, which in effect should lead to a drop in consumer prices. However, there …

The purpose of this paper is to analyze whether Kosovo is benefiting from being part of the
eurozone or should start thinking on leaving eurozone by starting to issue its own currency …

Os principais responsáveis pela política monetária da Zona Euro não estão em
consonância em relação àquela que deverá ser a política ideal a adotar para garantir a …

The purpose of this paper is to analyze whether Kosovo is benefiting from being partof the
eurozone or should start thinking on leaving eurozone by starting to issue its own currency …

In the past, survival, prosperity or cultural problems were more individual, local or national,
but the world has changed because of globalization. To have the right understanding what …