Society and Economics in Europe

1. Front Matter

   Pages i-xv

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2. Shangri-La Governance. A Sketch of an Integral Solution for European Economic Policy Based on a Synthesis of Europe’s Problems

   • Hardy Hanappi

   Pages 1-18

3. The Convergence Process and the Volatility of the Money and Capital Markets

   • Christis Hassapis

   Pages 19-30

4. Polish Economic Policy, Internationalization, and Globalization

   • Marian Gorynia

   Pages 31-51

5. A Geopolitical and Institutional Model of Poland’s Participation in the New Baltic Europe

   • Janusz Ruszkowski

   Pages 53-64

6. The Main Economic Effects of Poland’s Entrance into the European Union

   • Jaroslaw Kundera

   Pages 65-88

7. Socioeconomic Development in Bulgaria

   • Mladen Maslarski

   Pages 89-103

8. EU Strategy on the Governance of the Euro Area

   • Nicholas C. Baltas

   Pages 105-113

9. Questioning the Social Efficiency of Computerization in an Enlarged Europe: The Lithuanian Case

   • Kristina Levisauskaite, Violeta Pukeliene, Jone Kalendiene

   Pages 115-126

10. Bulgarian Social Partners and the Information Society: A Cursory Acquaintance

    • Rumiana Gladicheva

    Pages 127-135

11. European Integration and Security in South Eastern Europe

    • Pavlos Ioannis Koktsidis

    Pages 137-156

12. The Dual Character of Hungarian Labor Relations: The Institution of Employee Participation from a European Perspective

    • Csaba Mako

    Pages 157-176

13. Toward a New Cold War: NATO Enlargement, Russia, and the Baltic States

    • Georgia Yiangou

    Pages 177-183

14. A Kaleckian Model of New Orders of Non-defense Capital Goods in the USA 1992–2010

    • Evangelos Charos, Hossein S. Kazemi, Anthony J. Laramie, Douglas Mair

    Pages 185-198

15. The IT Industry and the Economic Crisis: Empirical Findings from the USA

    • Konstantinos Vergos, Apostolos G. Christopoulos, Quyan Pan, Petros Kalantonis

    Pages 199-206

16. The Cyprus Banking Crisis: The Bail-in Strategy as a Game Changer for the Too-Big-to-Fail Mentality of the Fractional Reserve Banking System

    • Savvas Katsikides, Georgia Yiangou

    Pages 207-216

17. Conclusion—The Birth of Europe

    • Savvas Katsikides, Hardy Hanappi

    Pages 217-221

This book takes stock of the lessons to be learned from the experiences of different countries on their way to a transition into a unified Europe. It demonstrates how the project of a unified Europe is a social pilot project that is unique in human history, both with respect to the sheer number of people involved and with respect to the cultural diversity it aims to turn into a progressive advantage. With no historical experience at hand, the transition into a unified Europe is an exploratory process, often risky but sometimes also surprisingly successful. To improve the chances of establishing a successful unification it is particularly important that we learn from the mistakes made so far; and that we learn rapidly, since the forces working against the pilot project of Europe will gain power very fast if the unification success slows down. And as the recent developments in Greece show, the vision of the final goal itself can well change during this exciting quest. Apart from providing the pieces of a mosaic on which a more general theory can be built, this book can be read as a collection of experiences – mistakes as well as triumphs – which should help the European learning process. The structure of the book mirrors Europe’s diversity: specific country studies are combined with more general chapters, and quantitatively oriented econometric work is combined with qualitatively oriented sociological studies.

• Economic Growth in Latvia
• Economic Integration between Cyprus and the EU
• Effects of Poland's Entrance into the EU
• European Economic Policy
• European Integration in South-Eastern Europe
• Future Development of the European Union
• Governance in a Future State
• Hungarian Labor Relations
• IT Industry in the USA
• Integral Solution for European Economic Policy
• NATO Enlargement in Russia and the Baltic States
• Non-Defense Capital Goods in the USA
• Polish Economy and Policy
• Polish Globalization and Internationalization
• Shangri-La Governance
• Social Efficiency of Computerization in Europe
• Socioeconomic Development in Bulgaria

• Department of Social and Political Scien, University of Cyprus, Nicosia, Cyprus

  Savvas Katsikides

• Institute Institute for Mathematics in E, University of Technology of Vienna, Vienna, Austria

  Hardy Hanappi

Savvas Katsikides, (1953), has studied Social/Economic Sciences and Sociology at the Johannes Kepler University of Linz, Austria. He served as Lecturer and Assistant at the University of Technology in Vienna (TU), Austria (1988-1995). He has also held visiting professorships at Leeds Metropolitan University (PRU, UK, 1994-1995), Central Connecticut State University (Dept. of Sociology, USA, 1995), the University of Piraeus (ERASMUS, Greece), and Vienna University of Technology (2002). He lectured at the University of Technology, Limassol. In 2011 Distinguished Visiting Fellow at Queen Mary, University of London. From 1995 to 1998 has served as Assistant Professor at the University of Cyprus, 1998-2007 Associate Professor of Sociology and since 2007 Professor of Sociology. Deputy Dean. Elected President of the Cyprus Sociological Association. (2009-2010).

Hardy Hanappi was born in Vienna (1951) and studied economics and Informatics at the University of Vienna and at the Technical University of Vienna. Before returning to university he has worked as econometrician for OPEC and as CEO for the consulting firm ECON GmbH. He then became university teacher and researcher at the TU-Vienna and concentrated on macroeconomics, political economy, simulation methods and game theory. From 1992 till 1997 he was deputy director of socioeconomics at the Austrian Academy of Sciences. After his return to the TU Vienna he became head of economics, from 2001 till 2005 he also was director of the Institute for Monetary Economics (Ludwig Boltzmann-Institute). He currently is ad personam chair for political economy of European integration, a position granted by the European Commission. He is professorial research associate at SOAS (University of London) where he spent a sabbatical in 2011. Hardy Hanappi now works and lives in Vienna.

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