Local government reform. Does size matter?

Local government reform focussed on cost alone misses the point. How to improve effectiveness and assist marginal and border areas to develop are also important aspects to consider.
Policy focus bring two pieces of good news for Croatia

Policy focus behind Croatia’s day of good news

The ECB's positive AQR for Croatian banks and Fitch reaffirming Croatia's investment grade rating with stable outlook underlines the importance of defining long term policy goals and implementing them.

Joining the euro: the fear of inflation is overdone

Fear of inflation when joining the euro is an everpresent, yet overdone sentiment. Many other factors are in play in determining inflation outcomes but the advent of a new currency tends to mask them.

Regional differences to become evident as uncertainty in the global economy rises

How will the growing uncertainty surrounding global economic prospects impact on South East Europe? IMELUM's current Macroeconomic Quarterly provides an in depth look at the risks and opportunities facing the region.

Migration and Eastern Europe. Is the glass half full?

Migration from Eastern Europe to older EU member states is a major political issue. Various complex factors ensure not all countries are equally affected.

The many ways Brexit will impact South East Europe and beyond

As the Brexit endgame fast approaches, the value of safety in numbers should become evident over time, especially for smaller EU member states.

How prepared is South East Europe for the next downturn?

The financial crisis of 2008/09 left a large scar on the region. With global economic conditions worsening, how prepared is South East Europe for the next downturn?

Playground logic necessary for successful entry into eurozone

When the big boys fight, smaller boys usually stay away. Strategic goals should not cloud policymakers' judgement on adopting the euro.

Regional Monetary Policy: It’s all about the Exchange Rate

The exchange rate will remain the primary transmission mechanism of monetary policy in South East Europe as long as households prefer to save in foreign currency.