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Economies, Volume 13, Issue 11

2025 November - 33 articles

Cover Story: Ten countries joined the EU in 2004, two in 2007, and another one in 2013. Almost all were former communist countries, lagging behind in economic development and political governance. This enlargement represents an opportunity to ascertain whether European integration is indeed beneficial to lesser developed countries. This paper documents post-accession growth in income per capita and/or total factor productivity, especially when compared to non-EU states, but it is not able to find evidence in favor of improved governance. Moreover, the subsequent increase in the level of indebtedness is sometimes associated with poorer governance and economic performance suggesting borrowing is perhaps a compensatory measure rather than sound economic strategy. View this paper
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Articles (33)

  • Review
  • Open Access
1,017 Views
20 Pages

20 November 2025

Relative and absolute decoupling between economic growth and environmental pressures is one of the most contested topics in ecological economics. This article situates the decoupling debate within a philosophical and normative framework, building on...

  • Article
  • Open Access
694 Views
29 Pages

18 November 2025

Administrative digital accessibility drives rural development, particularly in peri-urban areas where traditional governance meets the growing demands for digital services. The study examines the role of digital tools in local administrations in supp...

  • Article
  • Open Access
1,821 Views
16 Pages

18 November 2025

This article examines how the volatile oil price affected Saudi Arabia’s and the other GCC countries’ fiscal policy dynamics from 2000 and 2024. The region’s fiscal systems are vulnerable to external shocks due to their substantial...

  • Article
  • Open Access
713 Views
20 Pages

15 November 2025

This study examines herding behavior in six MENA stock markets, with a focus on the impact of geopolitical risks and downward/upward market conditions during COVID-19/non-COVID-19 periods. Empirical results reveal significant differences among MENA c...

  • Article
  • Open Access
1 Citations
788 Views
23 Pages

14 November 2025

This paper assesses the green tourism readiness of six EU member states from Central and Eastern Europe—Slovenia, Croatia, Slovakia, Hungary, Bulgaria, and Romania—using a hybrid multi-criteria decision-making (MCDM) model. As tourism sec...

  • Article
  • Open Access
1,163 Views
33 Pages

14 November 2025

This study evaluates the income effects of China’s Major Agricultural Technology Collaborative Extension Program (MATCEP) using CFPS panel data and a Difference-in-Differences model. The purpose of this study is to evaluate how large-scale coll...

  • Article
  • Open Access
660 Views
30 Pages

14 November 2025

Existing research has shown that individuals’ early-life experiences exert a sustained impact on their social life in adulthood. However, there remains a lack of understanding regarding how childhood migration experiences influence entrepreneur...

  • Article
  • Open Access
719 Views
21 Pages

The Role of Economic and Public Finance Tools in Achieving Energy Transition in Europe

  • Alina Cristina Nuta,
  • Rena Huseynova,
  • Florentin Emil Tanasa and
  • Florian Marcel Nuta

13 November 2025

Europe’s decarbonization calls for an increase in the resources used to ensure a fairer transition. The objective of this study is to evaluate the role of public finance in the decarbonization process, considering the context of various uncerta...

  • Article
  • Open Access
1 Citations
1,607 Views
24 Pages

13 November 2025

The primary goal of the present study was to assess the efficacy of the inflation-targeting framework (ITF) within the Egyptian economy. This was achieved by scrutinizing the monetary policy framework (MPF) from 2005 to 2022 and measuring its effecti...

  • Article
  • Open Access
1 Citations
701 Views
25 Pages

13 November 2025

This study examines how tourism development in Tunisia responds to environmental degradation, renewable energy consumption, technological innovation, and foreign direct investment. Using annual data for 1990–2023, we apply the Autoregressive Di...

  • Article
  • Open Access
979 Views
16 Pages

Ten Lessons from the EU Accession of Ex-Communist Countries

  • Călin Vâlsan,
  • Amos M. Rahat and
  • Elena Druică

12 November 2025

We investigate the broad economic impact of accession in the case of 13 countries who joined the European Union starting with 2004, by comparing them with both EU and non-EU countries. Using 25 years of data, we document significant post-accession im...

  • Article
  • Open Access
1,877 Views
18 Pages

12 November 2025

The triple shocks of the financial crisis, sovereign debt crisis, and COVID-19 pandemic have exerted significant impact on the financial markets in the Eurozone. Since the 2008 recession, the European Central Bank (ECB) has implemented an array of un...

  • Article
  • Open Access
3,867 Views
27 Pages

Profitability and Capital Intensity: Moderating Role of Debt Financing

  • Abdulazeez Y. H. Saif-Alyousfi,
  • Abdullah Alsadan and
  • Hassan Alalmaee

12 November 2025

This study investigates the relationship between capital intensity, debt financing, and profitability in non-financial firms in Oman over the period 2012–2022. Using a robust panel dataset of 76 firms, the research explores how capital structur...

  • Article
  • Open Access
647 Views
25 Pages

11 November 2025

Transport is among the fastest-growing contributors to carbon dioxide (CO2) emissions in the Gulf Cooperation Council (GCC) region, where rapid urbanization, population growth, and high mobility demand continue to shape energy use. This study aims to...

  • Article
  • Open Access
583 Views
20 Pages

Spatial Interactions Between Growth and Rural Unemployment, Considering Climate Variability in Brazil and Mexico (2012–2024)

  • Diego Andrés Cardoso López,
  • Jesús Antonio López Cabrera,
  • Tatiana Isabel Caly Amador and
  • Álvaro Luis Mercado Suárez

11 November 2025

This paper examines the relationship between economic growth and rural unemployment in Brazil and Mexico, incorporating the effects of climate variability and spatial interactions. Okun’s Law serves as the theoretical framework, and a dynamic s...

  • Article
  • Open Access
3,067 Views
16 Pages

8 November 2025

Egypt has experienced a sharp rise in external debt over the past decade, increasing from USD 55.8 billion in 2015 to over USD 165.3 billion by 2023. Despite maintaining a debt-to-GDP ratio within internationally accepted thresholds (approximately 45...

  • Article
  • Open Access
1,487 Views
23 Pages

8 November 2025

Purpose: This study investigates how South Africa’s sectoral stock market performance responds to monetary and fiscal policy shifts across two macroeconomic regimes: the pre-inflation targeting (Pre-IT) and the inflation targeting (IT) periods....

  • Article
  • Open Access
948 Views
15 Pages

8 November 2025

The paper investigates the economic, social, and environmental determinants of Vietnam’s Human Development Index (HDI) for the years 1990–2023. Using the Autoregressive Distributed Lag (ARDL) bounds testing method, short-run and long-run...

  • Article
  • Open Access
758 Views
13 Pages

7 November 2025

This study addresses the critical challenge of designing retirement savings systems that effectively balance liquidity needs and long-term accumulation in contexts characterized by high unemployment and labor market instability, with a focus on South...

  • Article
  • Open Access
3,186 Views
25 Pages

5 November 2025

The mounting prevalence of chronic diseases poses a substantial public health and economic burden, particularly in aging societies such as the United States. Focusing on both direct healthcare expenditure and indirect costs such as productivity loss,...

  • Article
  • Open Access
2 Citations
1,842 Views
20 Pages

4 November 2025

Digital skills represent a key dimension of digital transformation, shaping the innovation potential, competitiveness, and long-term sustainability of the European economy. The aim of this paper is to compare the development of digital skills in EU-2...

  • Article
  • Open Access
1 Citations
1,034 Views
18 Pages

Green Trade, Economic Complexity and Green Indicators: Evidence in Asia Countries with PPML Fixed Effects Model

  • Indraswati Tri Abdi Reviane,
  • Abdul Hamid Paddu,
  • Nur Dwiana Sari Saudi,
  • Hefrizal Handra and
  • Aditya Idris

4 November 2025

This study investigates the relationship between green trade, economic complexity, and green indicators in Asian countries using a Poisson Pseudo Maximum Likelihood (PPML) fixed effects model. This study uses panel data from 33 countries in the Asia...

  • Article
  • Open Access
1 Citations
6,375 Views
49 Pages

Ripples of Global Fear: Transmission of Investor Sentiment and Financial Stress to GCC Sectoral Stock Volatility

  • Mosab I. Tabash,
  • Suzan Sameer Issa,
  • Marwan Mansour,
  • Azzam Hannoon and
  • Ştefan Cristian Gherghina

31 October 2025

This study analyzes how sectoral stock volatility in the GCC region responds to global financial uncertainty shocks originating from the U.S. (CBOE VIX), Europe (VSTOXX-50), Bitcoin investors’ Sentiment Indices (BSI), and disaggregated global F...

  • Article
  • Open Access
1 Citations
627 Views
61 Pages

31 October 2025

This work verifies the interactions between fiscal and monetary policies in Brazil, involving real GDP, the Interest index, Inflation index, real Exchange rate, and actual public debt, using empirical data from January 1998 to December 2018 to calibr...

  • Article
  • Open Access
1,046 Views
21 Pages

Urban Vulnerability to Food Insecurity Under Displacement Pressures: Evidence from Tigray, Ethiopia

  • Yibrah Hagos Gebresilassie,
  • Hafte Gebreslassie Gebrihet and
  • Beyene Gebremichael Gessesow

31 October 2025

Food insecurity remains a pressing challenge in conflict zones, where disrupted livelihoods, mass displacement, and eroded institutional support increase household risk. The armed conflict in Ethiopia’s Tigray region erupted in November 2020, d...

  • Article
  • Open Access
875 Views
27 Pages

30 October 2025

The purpose of this work is twofold: first, it aims to derive an exact analytical form of the Pareto index based on the already developed model of the economy as a scale-free network comprising a given amount of either wealth or income (total number...

  • Article
  • Open Access
3 Citations
1,211 Views
26 Pages

30 October 2025

The rapid popularization of digital technology is profoundly altering the employment landscape; especially in rural areas, the digital economy has opened up unprecedented channels to narrow the gender gap in non-agricultural employment. This study ut...

  • Article
  • Open Access
1,610 Views
25 Pages

29 October 2025

This study investigates how global monetary and oil shocks propagate across advanced and pegged oil economies, focusing on the United States, Germany, the United Kingdom, Saudi Arabia, and the United Arab Emirates over the period 2015–2023. It...

  • Article
  • Open Access
2,027 Views
23 Pages

28 October 2025

The study examines the dynamics of herding behavior in relation to macroeconomic shocks and monetary policy shifts in the Bangladesh equity market. By employing robust empirical methodologies across distinct market states including bullish, bearish,...

  • Article
  • Open Access
1,270 Views
18 Pages

28 October 2025

This study aims to examine the fundamental determinants of economic growth in G20 countries in the context of institutional structure, innovation, and education. The significance of the research lies in revealing that sustainable economic growth is s...

  • Article
  • Open Access
845 Views
17 Pages

Cost Analysis of COVID-19 in Australia

  • Imalka Wasana Rathnayaka,
  • Rasheda Khanam and
  • Mohammad Mafizur Rahman

27 October 2025

Access to accurate and reliable information on the cost of COVID-19 is essential for informed socio-economic policy decisions. This paper analyses the economic costs associated with the COVID-19/SARS-CoV-2 pandemic, with a particular focus on Austral...

  • Article
  • Open Access
737 Views
26 Pages

27 October 2025

Despite the growing importance of rural development, research on place marketing remains fragmented, with no comprehensive systematic literature review (SLR) addressing this field with such focus and detail. The study aims to systematically map scien...

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Economies - ISSN 2227-7099