The foreign direct investment (FDI) is a form of the capital flow having several century traditions. In the privatization as well as modernization of economies following the economic and political transition of the countries in the Central and Eastern Europe at the 1990s the role of the foreign...

Projections on the development of agricultural commodity markets underlie a given set of assumptions on economic growth. However, recent economic and financial crisis, as well as signs of quicker recovery in emerging economies, increase uncertainty in the forecasts of macroeconomic developments....

The negotiations on a deep and comprehensive free trade agreement (FTA) between Ukraine and the EU are currently in process. Such a FTA can be expected to imply opportunities as well as challenges for agricultural markets. This paper provides a model-based quantitative assessment of the...

European politicians encourage the income diversification of rural households through various measures. Although being aware of farm households’ potential for non-farm income diversification seems important for finely-targeting such policy measures, no attempt has thus far been made to...

This paper analyzes carbon leakage due to reduced emissions from deforestation (RED). We find that leakage with RED is good because the policy induces afforestation that contributes to a further carbon sequestration. By ignoring the domestic component of carbon leakage, the literature can either...

We show carbon leakage depends on the type of biofuel policy (tax credit versus mandate), the domestic and foreign gasoline supply and fuel demand elasticities, and on consumption and production shares of world oil markets for the country introducing the biofuel policy. The components of carbon...

The country is facing one of the biggest challenges since its independence – the process of the EU accession. Taking into consideration that „forecasting important economic events is source of power“ (Howitt, 2005), the aim of this paper is to develop a model in order to assess the impact...