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) Courts intervene in politics, including public finance. Specifically, this paper seeks to investigate empirically whether …
Persistent link: https://www.econbiz.de/10011287742
In various writings Karl Marx made references to an "aristocracy of finance" in Western Europe and the United States … decades, and especially in the context of the current crisis, a new "aristocracy of finance" has emerged, as corporate … holdings of the public debt have become rapidly concentrated in favor of large corporations classified within Finance …
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This policy brief reexamines the effects of the Greek austerity experiment on its economy via a counterfactual analysis. We combine the fiscal multipliers from the meta regression analysis in Gechert and Rannenberg (2014) to the fiscal consolidation measures that have been implemented in Greece...
Persistent link: https://www.econbiz.de/10011498230
The primary objective of rule-based fiscal legislation at the subnational level in India is to achieve debt sustainability by placing a ceiling on borrowing and the use of borrowed resources for public capital investment by phasing out deficits in the budget revenue account. This paper examines...
Persistent link: https://www.econbiz.de/10011530542
-term developments and regime shifts in capitalist development, are presented. International approaches to finance and financial crises …
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