International financial markets and fragility in the Eastern Europe: "can it happen" here?
Department of Economics Working Paper Series, 108.
Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business, Vienna.
The aim of this paper is to analyze the fragility of the New Member States and accession countries in the Central Eastern and South Eastern European countries (henceforth Eastern Europe) to the turbulences in the global economy and the changes in the direction of the international capital flows. (author's abstract)