Showing 1 - 10 of 10
definition of price stability at a time of deflationary pressures. The euro's exchange rate has not been greatly impacted by the … recent currency war; the euro continues to be overvalued, but less than before. …
Persistent link: https://www.econbiz.de/10010494451
postponed euro-adoption until 2020 without any explanation, which is one of the motivations of our analysis. We review the … arguments formulated in 2000-2004 regarding the adoption of the euro by the profession, as well as the declarations and actual … policies pursued by successive governments during the 2000-s. The study discusses the crisis within the euro area, the …
Persistent link: https://www.econbiz.de/10010494500
This paper analyzes the impact of global financial and economic crisis on the process of system transformation in China. First, it details the direct impact of global growth on macroeconomic development and its indirect impact on economic transformation. Second, it analyzes the direct impact of...
Persistent link: https://www.econbiz.de/10010494394
This paper describes the particular impacts of the financial and economic crisis on Central and Eastern European (CEE) countries, studies pro-cyclicality of fiscal policies, discusses the impact of the crisis on fiscal policy, and the policy response of various governments. After drawing some...
Persistent link: https://www.econbiz.de/10010494414
This paper relates on the impact of global crisis on China from a systemic point of view. In what ways external and internal adaptation pressures influenced the transformation of the party-state system in China? Did reactions have an impact on the transformation of political or economic system?...
Persistent link: https://www.econbiz.de/10010494435
This paper assesses the impact of the 2008-09 global financial and economic crisis on the medium-term growth prospects of the countries of central and eastern Europe, the Caucasus and Central Asia, which began an economic transition about two decades ago. We use cross-country growth regressions,...
Persistent link: https://www.econbiz.de/10010494452
With the implementation of the approach of the Interactive Party-State model (Csan di, 2006, 2011) the paper demonstrates the possible short and long term consequences of the adaptation pressures exerted by the global crisis on Chinese system transformation. It points to the short term character...
Persistent link: https://www.econbiz.de/10010494485
it is lower for firms that are able to obtain long-term financing. Analysing a large euro area data set we find strong …
Persistent link: https://www.econbiz.de/10010494347
The complementarities of trade advantage and trade competitiveness measures for Hungarian agro-food trade with the European Union are analyzed. The stability and duration of the trade measures over time is investigated by the survival analysis using the nonparametric Kaplan-Meier product limit...
Persistent link: https://www.econbiz.de/10010494382
This paper assesses the importance for structural transformation of three features of sectoral technology: labor-augmenting technological progress, capital intensity, and substitutability between capital and labor. We estimate CES production functions for agriculture, manufacturing, and services...
Persistent link: https://www.econbiz.de/10010494521