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This paper examines the nexus between political instability and economic growth in 10 CEE countries in transition in the period 1990-2009. Our results support the contention that political instability defined as a propensity for government change had a negative impact on growth. On the other hand, there was no causality in the opposite direction. A sensitivity analysis based on the application of a few hundred different variants of the initial econometric model confirmed the abovementioned findings only in the case where major government changes were applied to the definition of political instability. [ABSTRACT FROM AUTHOR]

Shopping centers play an important role in improving the quality of life in town and city centers around the world. Often seen as drivers of local economies, shopping centers are necessary to maintain economic growth and a sense of community, offering employment, and providing a better quality of life. In last decades in all capital cities and large cities in Central and Southeastern Europe numerous shopping centers were open and therefore the situation at retail market and traditional supply chains changed rapidly. The aim of this paper is to provide key data related to shopping center industry in Central and Southeastern European countries and to analyze the structure of retail offers, opportunities for investors, retailers and consumers at given markets. Comparative analysis of secondary data will give an insight into the current state of shopping center development and discuss the problems related to future retail development in Southeastern Europe. [ABSTRACT FROM AUTHOR]