This paper is concentrated on analyzing the CEE (Central and Eastern European) countries housing and lending market development in 2002-2009. These countries experienced real estate boom and bust phases during that ...This paper is concentrated on analyzing the CEE (Central and Eastern European) countries housing and lending market development in 2002-2009. These countries experienced real estate boom and bust phases during that time and the aim of this paper is to understand which of these countries have the greatest potential for housing market recovery. The study has conducted comparable analysis of these countries and their real estate and lending market. The data was collected from central banks, national statistic offices and real estate companies. The results suggest that countries with higher housing debt had stronger real estate booms and the current bust-cycle has caused much steeper decline in prices. This paper attempts to look at the CEE housing markets from the developer's or investor's point of view and may be useful for banks and other financial institutions which are related to housing market and lending.展开更多
Here I discuss Central and Eastern European(CEE)countries as a region undergoing rapid change,resulting from the collapse of the Soviet Union and admission of some of the states into the European Union.These events br...Here I discuss Central and Eastern European(CEE)countries as a region undergoing rapid change,resulting from the collapse of the Soviet Union and admission of some of the states into the European Union.These events brought changes in governance and ecosystem management,triggering impacts on land use and biodiversity.What are some of the policy options toward sustainability in the face of these political,governance,and socioeconomic changes?Some policy considerations for ecosystem management and sustainability include taking a social-ecological systems approach to integrate biophysical subsystems and social subsystems;paying attention to institutions relevant to shared resources(commons)management;and using resilience theory to study change and guidance for governance.Documented experience in CEE seems to indicate shortcomings for both the centralized state management option and the purely market-driven option for ecosystem management.If so,a“smart mix”of state regulations,market incentives,and self-governance using local commons institutions may be the most promising policy option to foster ecosystem stewardship at multiple levels from local to international.展开更多
What is the border between Central and Eastern Europe?This is an unanswered question in the literature of contemporary European history and politics.In the modern state system,imaginary boundaries are products of the ...What is the border between Central and Eastern Europe?This is an unanswered question in the literature of contemporary European history and politics.In the modern state system,imaginary boundaries are products of the imagined communities,and these boundaries also cause either to occidentalize or to orientalize the lands due to its top-down/elitist imagination procedure.During the Cold War years,anti-USSR voices are important to see the certain demand for Europeanization among people in today’s Central Europe where there especially had the communist legacy.In general,the ultimate goal is to identify themselves as more western among Central and Eastern European states for the sake of civilizational values of the Enlightenment and to reach today’s contested Neoliberal welfare.This desire causes Nesting Orientalisms,Milica Bakic-Hayden’s concept.Nesting Orientalisms are about re-constructing new Orient in the same region to hierarchizeitself as occidental.Through the process of mapping its location and construction of occidental identity,Hungary defines itself as a part of Central Europe.But what are the legitimated reasons of Hungary to define itself as Central European instead of Eastern Europe?Do these reasons perfectly fit in today’s Central European formulation and stereotype?What are the possible reasons to reject Hungary’s Central European self-definition?Moreover,under the shadow of the discussion on Central Europe vs.Eastern Europe,to what extent does the rise of authoritarianism block ongoing occidentalisation process of Hungary?In this research,I will answer these questions by analyzing modern political history of Hungary by the method of interpretivist process tracing.展开更多
文摘This paper is concentrated on analyzing the CEE (Central and Eastern European) countries housing and lending market development in 2002-2009. These countries experienced real estate boom and bust phases during that time and the aim of this paper is to understand which of these countries have the greatest potential for housing market recovery. The study has conducted comparable analysis of these countries and their real estate and lending market. The data was collected from central banks, national statistic offices and real estate companies. The results suggest that countries with higher housing debt had stronger real estate booms and the current bust-cycle has caused much steeper decline in prices. This paper attempts to look at the CEE housing markets from the developer's or investor's point of view and may be useful for banks and other financial institutions which are related to housing market and lending.
文摘Here I discuss Central and Eastern European(CEE)countries as a region undergoing rapid change,resulting from the collapse of the Soviet Union and admission of some of the states into the European Union.These events brought changes in governance and ecosystem management,triggering impacts on land use and biodiversity.What are some of the policy options toward sustainability in the face of these political,governance,and socioeconomic changes?Some policy considerations for ecosystem management and sustainability include taking a social-ecological systems approach to integrate biophysical subsystems and social subsystems;paying attention to institutions relevant to shared resources(commons)management;and using resilience theory to study change and guidance for governance.Documented experience in CEE seems to indicate shortcomings for both the centralized state management option and the purely market-driven option for ecosystem management.If so,a“smart mix”of state regulations,market incentives,and self-governance using local commons institutions may be the most promising policy option to foster ecosystem stewardship at multiple levels from local to international.
文摘What is the border between Central and Eastern Europe?This is an unanswered question in the literature of contemporary European history and politics.In the modern state system,imaginary boundaries are products of the imagined communities,and these boundaries also cause either to occidentalize or to orientalize the lands due to its top-down/elitist imagination procedure.During the Cold War years,anti-USSR voices are important to see the certain demand for Europeanization among people in today’s Central Europe where there especially had the communist legacy.In general,the ultimate goal is to identify themselves as more western among Central and Eastern European states for the sake of civilizational values of the Enlightenment and to reach today’s contested Neoliberal welfare.This desire causes Nesting Orientalisms,Milica Bakic-Hayden’s concept.Nesting Orientalisms are about re-constructing new Orient in the same region to hierarchizeitself as occidental.Through the process of mapping its location and construction of occidental identity,Hungary defines itself as a part of Central Europe.But what are the legitimated reasons of Hungary to define itself as Central European instead of Eastern Europe?Do these reasons perfectly fit in today’s Central European formulation and stereotype?What are the possible reasons to reject Hungary’s Central European self-definition?Moreover,under the shadow of the discussion on Central Europe vs.Eastern Europe,to what extent does the rise of authoritarianism block ongoing occidentalisation process of Hungary?In this research,I will answer these questions by analyzing modern political history of Hungary by the method of interpretivist process tracing.