Recent publications from the Institute for World Economics, Centre for Economic and Regional Studies of the Hungarian Academy of Sciences – Spring/summer 2016



Tomasz Berg, Zsuzsánna Biedermann, Rudolf Fürst, Ondřej Horký-Hlucháň, Jan Hornát, Dariusz Kałan, Patryk Kugiel, Marian Majer, Jan Němec, Judit Ricz, Balázs Sárvári, Justyna Szczudlik, Ágnes Szunomár, Marek Wąsiński, Damian Wnukowski, Patryk Kugiel (ed.), V4 goes global: exploring opportunities and obstacles in the Visegrad Countries’ cooperation with Brazil, India, China and South AfricaWarsaw: PISM (Polski Instytut Spraw Międzynarodowych / The Polish Institute Of International Affairs), 2016. 85 p. (ISBN: 978-83-64895-72-2)

András György Deák (ed.), The end of an era in Eurasia?: Conflict in Eastern Ukraine and economic downturn in the post-Soviet space – In memoriam Zsuzsa Ludvig Budapest: Institute of World Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences, 2015. The beloved colleague and experienced senior researcher of the post-Soviet region died 29th October 2014. (East European Studies; 6.) (ISBN:978-963-301-627-5)

Andrea Éltető, Ágnes Szunomár, Chinese investment and trade – strengthening ties with Central and Eastern Europe, in International Journal of Business and Management, Vol. IV (1), pp. 24-48

Tamás Gerőcs, Effect of German car manufacturing’s globalization on the closing up of Central-East-Europe, in Külügyi Szemle, vol. 14, no. 3, 3/2015, pp. 96-118 (in Hungarian)

István Kőrösi, The relationship between the state and the private enterprises in the economy of AustriaAz állam és a magánvállalatok viszonya az osztrák gazdaságban Budapest: MTA KRTK Világgazdasági Intézet, 2016. 37 p. (VGI Műhelytanulmányok; 111. = IWE Workshop Studies No. 111) (In Hungarian)

Judit Ricz, The role of state in varieties of capitalism (SVOC), in Society and Economy 38 (2016) 2, pp. 287-291

Erzsébet Rózsa N., Middle East, in N. Rózsa Erzsébet – Háda Béla: Regionális tanulmányok. (Regional studies) NKE, Budapest, 2016, 87-107. o. (In Hungarian)

Miklós Somai, Changing role of the state in Slovenian economy: privatisation under European and international pressure, in Eva Kovářová, Lukáš Melecký, Michaela Staníčková (eds.), Proceedings of the 3rd International Conference on European Integration 2016. Ostrava, Czechia, 2016.05.19-2016.05.20. Ostrava: VSB-Technical University of Ostrava, 2016. pp. 875-882. (ISBN:978-80-248-3911-0)

Miklós Somai, The role of the state in French economy (Az állam szerepe a francia gazdaságban), Budapest: MTA KRTK Világgazdasági Intézet, 2016. 63 p. (VGI Műhelytanulmányok; 112. = IWE Workshop Studies No. 112) (ISBN:978-963-301-631-2) (In Hungarian)

Andrea Szalavetz, Policy support to commercialisation and Europe’s commercialisation gap, in International Journal of Technology Transfer and Commercialisation, Vol. 13, Nos. 3/4, 2015

Andrea Szalavetz, Global crisis and upgrading of MNCs’ manufacturing subsidiaries: A case study of Hungary, in Central European Business Review, Vol. 5., No. 1., pp. 37–44, 2016

Miklós Szanyi, The reversal of the privatisation logic in Central European transition economies, in Acta Oeconomica, 2016, Volume 66, Issue 1, pp 33-55

Szunomár Ágnes (szerk.), Eurázsia a 21. században: a tőkebefektetések tükrébenBudapest: MTA KRTK Világgazdasági Intézet, 2015. 133 p (Kelet-Európa Tanulmányok; 11.) (ISBN:978-963-301-630-5) (in Hungarian)

(Ágnes Szunomár ed.: Eurasia in the 21st century – in the mirror of capital investments)

Csaba Weiner, Kálmán Kalota, Andrea Éltető, Magdolna Sass, Rossiiskie investicii v Visegradskih stranah: kladbishse teorii (Российские инвестиции в Вишеградских странах: кладбище теорий) In: Sovremennaa Evropa (Современная Европа), Vol. 16. No. 6. pp. 60–76


IWE Working Papers:


Csaba Weiner: Central and East European diversification under new gas market conditions, Budapest, IWE CERS HAS, February 2016, Working Paper series No.221, p 79.

Recent publications from Real Instituto Elcano – Spring 2016



William Chislett, Inside Spain nº125 20th January- 22nd February. 22.02.2016. Spain to contribute €153 million to migration fund for Turkey. Countdown to the investiture of a Socialist Prime Minister. Spain records its worst score in corruption index, Popular Party hit by more scandals. New government, whenever there is one, faces big budget hole. CAF wins £490 million rolling-stock contract in UK.

Miguel Otero-Iglesias, How to strengthen the G20: Spain’s multilateral perspective. 25.02.2016. In the context of slow growth, destabilizing capital flows and currency wars, the G20 must develop joint solutions to overcome common problems. The threats faced are protracted rather than punctual and not easy to explain, which has dampened the sensation of urgency. The resulting inactivity has fed two intertwined dangers: the return of protectionist and nationalist policies and the formation of rivaling blocs

Miguel Otero-Iglesias, Sebastián Royo and Federico Steinberg, The Spanish financial crisis: Lessons for the European Banking Union. 01.03.2016. This report examines the Spanish banking crisis and uses it to extract valuable lessons for the construction of the European Banking Union (EBU), which is a complex process that resembles in some respects the variety of actors and preferences encountered in the Spanish case.

Jessica Almqvist, ‘Even war has rules’: a call for global action to protect civilians. 02.03.2016. There is an urgent need to address in a comprehensive manner the problem of systematic and flagrant violations of international humanitarian and human-rights law in ongoing conflicts, including its sources and implications. More specifically, possible lines of action to counter the growing importance of non-state armed actors and the use of explosives in populated areas must be discussed. A Global Action Plan on how to prevent, repress and redress serious violations of international law in armed conflict, taking into account the present and future role of UN peace missions, is a must.

Salvador Llaudes and Ignacio Molina, Spain’s stance on Cameron’s negotiations. 02.03.2016. Spain is finalising its stance on the negotiations being conducted by the European institutions to restrict the chances of a so-called ‘Brexit’. Some parts of the offer put forward by the President of the European Council are of concern from an integrationist perspective, but the proposal provides a good basis for arriving at a position that is agreeable to the 28. It is in the strategic interest of the EU in general, and of Spain in particular, to avoid ‘Brexit’. Therefore, so long as none of the red lines set in the various sections of the negotiations are breached, Spain will not raise objections when it comes to forming a consensus. The special circumstances surrounding these negotiations, particularly on the domestic Spanish stage, raise a series of procedural issues that shall also be briefly addressed here.

Youssef Amrani, Morocco: a singular path in a troubled region. 03.03.2016. Since 2011 the Middle East and North Africa (MENA) region has been grappling with many hotbeds of instability, internal strife and an existential struggle against extremist terrorism. Yet the Moroccan global approach is different, unique, in that it capitalises on four elements: stability, vision, effective transformation and internationally-gained trust. These make Morocco’s democratic path unique and successful.

William Chislett, Spain moves towards fresh elections to break deadlock. 07.03.2016. Spain took a step toward fresh elections when Pedro Sánchez, the Socialist Party (PSOE) leader, twice failed to secure sufficient backing in Parliament to become Prime Minister. If no political leader obtains the required support by 2 May King Felipe will dissolve Parliament and call a new ballot, probably to be held on 26 June, which could produce another stalemate.

Carmen González Enríquez, Schengen: a collective asset no one stands up for. 09.03.2016. Schengen is the main collective asset that the EU has produced, along with the euro and the common market, but it is currently in grave jeopardy of disappearing as the closing of borders continues to spread.  


İlke Toygür and Melih Özsöz, Stormy months on the Aegean: the refugee deal and its impact on Turkey-EU relations. 15.03.2016. The refugee deal of 2015, followed by the opening up of a negotiation chapter, has revitalised the relations between Turkey and the EU; however, there are crucial points to bear in mind for future relations to be sustained, such as the lack of transparency and of a long-term plan.

Alfredo Arahuetes and Federico Steinberg, The interdependence of the British economy: a contribution to the Brexit debate. 17.03.2016. This paper analyses the interdependence of the British economy, both in terms of trade and direct investment, in order to assess the economic justification of a hypothetical Brexit. It concludes that it is difficult to justify the UK’s leaving the EU on the basis of economic arguments. The British economy has extremely close economic ties with the other countries in the EU, which would be jeopardised if Brexit were to go ahead.

Salvador Llaudes, Limited but non negligible consequences of Cameron’s agreement for Spain. With the exception of the section of the agreement regarding competitiveness, which is more ambiguous and imprecise, the rest (economic governance, sovereignty and social benefits) will bring about some changes regarding the relationship between the EU and UK, and will have certain effects on Spain. Though undesirable for a country so firmly pro-European, these effects do not have to be particularly dramatic, especially if they do not entail a cascade of petitions to obtain a singular status from other countries.

Miguel Otero-Iglesias and Erik Jones, What Europe needs is not an end to the euro, but better leadership. 22.03.2016. If there is a consensus, it is that the eurozone should integrate further. But politicians have failed to translate this into action. The time has come for European policymakers to advocate an economic policy prescription that promotes growth and employment while also restarting the flow of capital from the core to the periphery.

Fernando Reinares, Brussels attacks: Challenge to Security and Coexistence. 28.03.2016. The attacks in Brussels, as in Paris, are an attempt to instil fear in the hearts of European citizens, forcing them to change their behaviour and to shape the decisions of their governments. We have to avoid the spread of Islamophobia without losing sight of the challenge that both the Jihadists with their terrorist outrages and the Salafists with their anti-democratic preaching pose to open societies.

William Chislett, Inside Spain nº126 22nd February- 28th March. 28.03.2016. Spain to join International Syria Support Group. Socialist Sánchez fails in PM bid, Popular Party and Podemos still refusing support. Close to half of Spaniards say corruption is the country’s second largest problem. European Commission urges Spain to reduce budget deficit. Ferrovial wins £300 million contract to maintain 370kms of highways in UK.

Charles Powell, EU Global Strategy 45: Expert Opinion. 31.03.2016. Royal Institute Elcano’s contribution to the European Union Global Strategy project.

Patricia Lisa, The EU-Turkey Agreement: a turning point in the EU’s policy approach to the refugee crisis but with the devil lurking in the detail. 08.04.2016. Is the agreement the right way to manage the refugee crisis? Or are we misinterpreting the signs once more and not understanding that structural, non-transitory challenges cannot be overcome with exceptional, transitory actions, however difficult they may be to implement?

Leonard Seabrooke and Duncan Wigan, Panama Leaks and the Tide of Tax Reform. 13.04.2016. The leak of the ‘Panama Papers’ has created an enormous scandal and, more importantly, a great deal of political momentum for the international tax reform agenda.


Andrés Ortega, Global Spectator- European prose for David Cameron: not much changes. 23.02.2016

Andrés Ortega, Global Spectator- Middle classes cut down to size. 01.03.2016

Andrés Ortega, Global Spectator- Globalisation: factors of unity or division, depending on the circumstances. 08.03.2016

Lara Lázaro Touza, Climate change and Big Data. 09.03.2016.

Fernando Reinares, The terrorist threat in the EU: expect the unexpected.14.03.2016.

Antonio Rubio Plo, Kennan’s ‘long telegram’: reflections from the past and the present. 14.03.2016

Andrés Ortega, Global Spectator- Europe: too many crises for so little leadership. 15.03.2016

Gonzalo Escribano, Libya: finding a way out of the labyrinth must be by way of the oil terminals. 15.03.2016

Antonio Rubio Plo, Contrasts between the realism of Kennan and Obama. 17.03.2016

Iliana Olivié, Is India the new China? 21.03.2016.

Andrés Ortega, Global Spectator- China viewed from Japan: weakness with stability. 22.03.2016

Andrés Ortega, Global Spectator- Brexit: possible political disasters. 29.03.2016

Andrés Ortega, Global Spectator- An odd Dutch referendum on the Ukraine: another European crisis on the horizon? 05.04.2016

William Chislett, Spain’s failure yet again to meet budget deficit target strains relations with Brussels. 06.04.2016

Andrés Ortega, Global Spectator- Tax evasion and avoidance: a global problem. 12.04.2016

Clara Pérez Bocanegra, Ukraine, Russia and the sanctions: ‘the good, the bad and the ugly’. 15.04.2016

Publications at the Centre International de Formation Européenne (CIFE)


Latest Publications at CIFE

Policy Papers
« Formal and Informal Institutions and Economic Development – comparative research »
by Ryszard PIASECKI, Policy Paper N. 14

« The New Phase of the Greek Drama » by George N. TZOGOPOULOS, Policy Paper n. 13

« The Juncker-Plan – a New Paradigm? » by Hartmut MARHOLD, Policy Paper n. 13

Ambassador Ferdinando Nelli Feroci, Preseident of the IAI, appointed European Commissioner in the Commission chaired by Manuel Barroso

 logo-IAI1The ambassador Nelli Feroci replaces Antonio Tajani, who was elected to the European Parliament on 25 May and that now sits in the Assembly in Strasbourg. President of the Institute for International Affairs (IAI) since July 4, 2013, the ambassador Nelli Feroci, thanks to its experience and expertise in European and international affairs, the past year has given a strong impetus to the consolidation and development of the activities of the IAI. His appointment to the European Commission is also a recognition of the commitment and contribution of the IAI, from the beginning of the Institute, to promote and support European integration.

A career diplomat from 1972 to 2013, Ambassador Nelli Feroci was the Permanent Representative of Italy to the EU in Brussels (2008-2013), chief of staff (2006-2008) and Director General for European Integration (2004-2006) at the Ministry of Foreign Affairs. He is the author of numerous articles and essays in the field of international relations, European affairs and political science.

The Institute for International Affairs (IAI), founded in 1965 on the initiative of Spinelli, carries out studies in the field of foreign policy, the economy and international security. A non-profit organization, the IAI aims to promote and disseminate knowledge through research, conferences and publications. To this end, it cooperates with institutes, universities and foundations in other countries, participating in various international networks.

The main areas of research are the institutions and policies of the European Union, the Italian foreign policy, trends in the global economy and internationalization processes in Italy, the Mediterranean and the Middle East, the common security and defense, the transatlantic relations.

Finnish Institute of International Affairs (FIIA) joins OSCE Parliamentary Assembly’s Helsinki +40 Project

dbfb8824acFIIA has joined the OSCE Parliamentary Assembly’s Helsinki +40 Project, an initiative that will bring together security and human rights experts, politicians and academia to evaluate the OSCE’s past and chart concrete lines of action for the future.

 Consisting of seminars at the Russian International Affairs Council (RIAC) in Moscow on 25 September 2014; the German Marshall Fund of the United States (GMF) in Washington in November 2014; and the Stockholm International Peace Research Institute (SIPRI) in Stockholm in March 2015, the Project will culmi­nate in a final Colloquium organised by FIIA on the site of the signing of the OSCE’s founding document, the Helsinki Final Act of 1975. The Project’s final Colloquium will be held in Helsinki in July 2015, in par­allel with the 24th Annual Session of the OSCE Parliamentary Assembly.

Elcano Royal Institute Publications, summer 2012

FATA in Northern Mali? by Fernando Reinares, Expert Comment 15/2012 – 31/7/2012

Measuring the international presence of countries: the Elcano Institute’s IEPG Index methodology revisited, Coordinators: Iliana Olivié and Ignacio Molina. Contributors: Ignacio Álvarez, Bruno Ayllón, Rafael Domínguez, Félix Arteaga, Manuel Gracia, Narciso Michavila and Antonio Vargas. WP 9/2012 (Translated from Spanish) – 20/7/2012
The publication of the IEPG’s 2nd edition entails some methodological changes which, nevertheless, alter neither its essence nor principles.

Spain’s Balancing Act: Net Contributor or Net Beneficiary of the EU Budget by Mario Kölling and Cristina Serrano Leal, ARI 50/2012 – 12/7/2012
In the ongoing negotiation of the MFF 2014-2020, Spain has to balance several interests, requiring a flexible position combined with some firm principles.

Staging the War on Drugs: Media and Organised Crime in Mexico by Edgar Moreno Gómez, WP 8/2012 – 10/7/2012.
This Working Paper offers an insight to understand the political ramifications of the news coverage of violence in Mexico. It shows that drug trafficking organisations have important goals related to the media, the impact of news on public opinion and the consequent influence over policy making.

Call for Application EXACT Network Seminar on Academic Skills – TEPSA Training 2012

The Call for application of the EXACT Network Seminar on Academic Skills -TEPSA Training 2012 is now open. The EXACT Network Seminar on Academic Skills is a special training programme for researchers moving towards the completion of their PhD research. Building on the EXACT network Seminar on Professional Skills 2011 and the TEPSA training programmes for young researchers since 2008, the training offers the opportunity to 12 Marie Curie early stage researchers and a selected number of others to participate in a 14 day intensive seminar. It will be held in Cologne from 15-29 September 2012 (start and end dates to be confirmed).The deadline for the submission of applications is 30 April 2012. Please click here to read the call and for more information.