BONETTO , F.

The current financial crisis is likely to reduce investment in Research and Development (R&D). Yet endogenous growth models underline the importance of the technological capital in the growth process: the accumulation of knowledge through R&D activities is one of the factors of self-sustained growth because it generates positive external...

This paper aims to illustrate the impact of financial variables on the process of convergence between selected European Union countries and the Balkan countries. Following a delay in the realization of structural changes resulting from the historical legacy and circumstances in which the transition process took place, Balkan countries began...