Full Description
This book offers new insights into the real and financial sectors in the post-pandemic European Union, with a specific focus on the countries of Central and Eastern Europe and a special reference to Croatia. The contributors examine the timeliness, justification, and appropriateness of the measures taken in response to the deteriorating economic conditions and the associated outcomes. They further discuss various aspects of economic, financial, and energy policy. While doing so, they focus on two important issues. The first is an analysis and assessment of the financial development and performance of the real sector. The second is an insight into the institutional dimensions of the COVID-19 pandemic, including the discussion of obstacles and opportunities for recovery in the near future.
The topics covered in this book include, but are not limited to, unconventional monetary policy, financial cycles, fiscal incentives, institutional development and institutional quality, the banking system, real estate markets, competitiveness, pension systems, financial regulation, energy markets, environmental, social, and governance (ESG) factors, as well as agricultural policy. Therefore, this volume will appeal to researchers, students, and scholars of finance and economics, as well as policy-makers interested in a better understanding of real and financial sectors, economic policy, and post-pandemic economic development in Central and Eastern Europe.
Contents
Chapter 1. From Pandemics to the Unconventional Monetary Policy in EMs: The Case of Croatia.- Chapter 2. Financial Cycle Convergence: Evidence on Financial Cycles Synchronisation in the European Union and the European Economic and Monetary Union.- Chapter 3. Fiscal Response to the COVID-19 Shock in Croatia.- Chapter 4. The Impact of Financial Integration on Sectoral Polarization Between Croatia and Eurozone Countries.- Chapter 5. Foreign-Owned Banks and Real Estate Markets in Croatia: A Panel Data Analysis.- Chapter 6. Financial Cooperatives Development in Croatia: Social Capital Perspective.- Chapter 7. EU Tax and Agricultural Policy in the Wine Sector.- Chapter 8. Integration as an Indicator of (Under) Development of the Croatian Capital Market.- Chapter 9. Perspectives and Challenges in the Development of the Croatian Digital Startup Sector.- Chapter 10. Pension Funds Regulation in the Context of Investment Climate Development.- Chapter 11. Challenges of Energy Policy Within Decarbonization - Evidence of the European Union.
