In accordance with the US-American Generally Accepted Accounting Principles (US-GAAP), employers are not required to state personnel expenditure in full in the balance sheet when remunerating employees with…
The outcome of the US presidential election will have a greater effect on the US stock market than on the US bond market. This is the result of a study conducted by the Centre for European Economic Research…
A premature expansion of the EU towards the East entails economic risks. Particularly the accession of Eastern European states to the Euro Zone should not be done precipitately. This was the prevailing opinion…
Family members, primarily wives who help run their husbands' businesses, play an important role in the success of an enterprise. It is particularly small and medium-sized enterprises (SMEs) which benefit from…
Innovation activities of enterprises in manufacturing industry and mining in the New Länder hardly differ from those of enterprises in the old Länder. Any differences can be mainly attributed to the varying…
The productivity of businesses in Central and Eastern Europe has increased considerably over the past few years. According to a recent ZEW study, this development is related to the increased tendency of Central…
East German companies in the trade and traffic industries, the so-called distributive service providers, are significantly more innovative than companies in West Germany. The share of innovative companies as…
Business-related service providers are on the rise. In the second quarter of 2000, the seasonally-adjusted rate of annual revenue growth in this sector was 5.4 per cent. Following a short-lived slow-down in the…
At slightly more than 90 cents against the dollar, the euro is massively undervalued. Yet, the development of the euro exchange rate is still a matter of concern. An intervention by the European Central Bank,…