Regional Formation and Development Studies

This study explores the determinants of tax revenue in eight post-transition European Union (EU) economies: Estonia, Latvia, Lithuania, Poland, Czechia, Slovakia, Slovenia and Hungary. Despite the shared institutional trajectories and simultaneous EU accession in 2004, these countries continue to display significant variation in tax-to-GDP ratios. Using panel data from 2004 to 2022, and applying a fixed effects model with Driscoll-Kraay standard errors, the study examines key macroeconomic and structural variables shaping tax revenue outcomes. The results indicate that financial inclusion and openness to trade proxied by debit card usage are positively associated with tax revenue, while rising public debt has a significant negative effect. Other variables, including foreign direct investment and inflation, show weaker or model-dependent relationships. The findings highlight the role of the financial infrastructure and macroeconomic openness in explaining tax revenue performance in post-transition economies. The paper contributes to the literature by offering region-specific empirical evidence and informing fiscal policy in structurally evolving EU member states.

Innovation is not only an economic mechanism, or a technical process. It is primarily a social phenomenon in which the motivation and participation of employees are determinants of success in the process. Hence, many authors emphasise the social dimension of innovation. The paper summarizes the conclusions of the studies conducted among employees from Polish companies on identification of “soft” determinants of innovation processes in the organization, such as human resources, innovative climate and culture conducive to innovation.

The importance of regional economic growth is emphasized in many countries and their regional policy documents. This issue is emphasized also by many researchers. D. Genaro and E. Melchor (2010) state that by the time of A. Smith, economists started to focus on a problem of economic growth. According to the authors, in recent years, economists have moved from economic interest in the operating cycle analysis to the medium and long-term revenue growth influencing factors analysis. This analysis is very important because as stated by L. Ayala and A. Jurado (2011), many countries or regions economic growth reduces poverty indicators; inequalities reduction is encouraging by policy measures. Despite ongoing national regional policy programs or the Structural Funds of the European Union or the Structural Funds, significant regional differences still exists. There must be emphasized the fact that in theories of regional development a lot of attention are paid on focus what conditions are favorable for creating economic growth in the region. There are focused on modernization of the economical sectors and international business development. The new models of regional development theories visible bring together economic, management and other modern concepts of social integration.

The aim of this paper is to discuss theoretical aspects of the economic changes brought on by transformation processes and the development of social market economies on the one hand and the continued creation of value with socially uneven economic growth and the growing sense of dissatisfaction, irregularities and disproportions on the other. This paper makes references to the search for the optimal model of capitalism, suggests ways of supporting the idea of inclusive capitalism and discusses a number of inequalities, including economic and social. The analyses in this paper are based on Polish and foreign literature, as well as the opinions of economists. The opinions and conclusions presented in this paper are, to a large extent, based on statistical analyses and the results of many years’ of the author’s research into economic transformation. The analysis in this paper is only an introduction to the problems of searching for the optimal model of capitalism that would take into account the inclusive nature of an economic system where a balance between economic and social goals is maintained.

This study aims to reveal the evolution of the EU-Japan relations towards a comprehensive and fully formalized strategic partnership, the main determinants of that process, as well the importance of the political and economic alliance. In the evolution of the EU-Japan relations, there were identified four stages – 1960–1990, 1991–2000, 2001–2010, 2011–2018 – which had led up to a strategic partnership regulated under the framework of political and economic agreements. In future, the Strategic Partnership Agreement and the Economic Partnership Agreement might enhance the regional and global influence of the EU and Japan.