Titlebook: Economics of European Crises and Emerging Markets; Peter Havlik,Ichiro Iwasaki Book 2017 The Editor(s) (if applicable) and The Author(s) 2

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Impact of Global Companies’ Real Options Implementation on Their Hungarian Subsidiariesct on Hungarian subsidiaries. Exploratory research is applied, based on interviews with 13 manufacturing subsidiaries in Hungary. It is found that, on balance, the surveyed Hungarian subsidiaries have benefited from their owners’ cost-cutting and restructuring actions. Global companies increased the

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Potential Macroeconomic Effects of the Trade Collapse Due to Economic and Political Crises: The Casecountries, its major extra-EU trade partners. We make an attempt to quantify the macroeconomic effects of such a trade collapse both in a bilateral setting where main trade flows affected are those of Poland, Russia and multilateral, and where the remaining EU countries cease trading with Russia. We

Exuberance

Upstreamness of Employment and Global Financial Crisis in Poland: The Role of Position in Global Val, typically associated with structural reallocation, impulses from global trading patterns combined with local adverse shocks to productivity and demand may asymmetrically affect the industries, depending on their position in the global value chains. In a similar spirit, the subsequent adjustment to

Parley

Conduit

The Impact of Crisis on Firm Creation and Regeneration in Russia: Regional Panel Data Analysisreation and regeneration. In Russia, after the 2008 global financial shock, there was a sharp downward shift in the firm creation rate measured by the number of newly established firms per 1000 organizations, and a continuous fall in the firm regeneration rate defined as the excess of newly establis

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Sections of Bodies of Constant Width,fter the outbreak of the global financial crisis, the interactions of the financial market conditions with income distribution, the savings propensity, and the current account and economic development of CESEE before and after the outbreak of the global financial crisis. Financialization was particu

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be complete now. However, we cannot deny the possibility that the integration into the global economy has both good and bad effects, and thus brings an additional reduction of FDI inflows in a state of emergency. In addition, the economic shock may affect countries or areas at different times. In t