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Ungleichgewichte und die fehlende Regulierung im Bankensektor können erst auf längere Sicht beseitigt werden. Auf kurze Sicht ist … Geldpolitik muss rasch auf eine energische Anti-Deflationspolitik einschwenken, das heißt Null-Zinsen auf der einen Seite und …
Persistent link: https://www.econbiz.de/10003983684
In the last decade, there has been a crisis of monetary regulation of the world economy. This is confirmed by the fact … depression after temporary attempts to revive the economy). Even the World Bank and the International Monetary Fund predict a … the world is changing. Will humanity come up with something new or will switch to a model based on Keynesian tools.To do …
Persistent link: https://www.econbiz.de/10013227571
it is concluded that the deepening problems found in economies across the developed world are not due to governments …
Persistent link: https://www.econbiz.de/10003885653
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Dynamics of Balance of Payment developments are still barely researched. Chapter 1 tries to summarize empirical evidence between institutional determinants and BoP movements and proposes a framework for the role of institutions in a debt cycle. It is found that “good” institutions do help a...
Persistent link: https://www.econbiz.de/10010495614
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Ever more extensive global financial linkages are changing in ways that have significant implications for policy. Asia-Pacific countries have experienced a particularly rapid growth in financial flows since the crisis. Against this background, the BIS's Representative Office for Asia and the...
Persistent link: https://www.econbiz.de/10013437449
In this paper the euro crisis is interpreted as the latest episode in the crisis of finance-dominated capitalism. For … 11 initial Euro area countries, the major features of finance-dominated capitalism are analyzed; specifically, the … approach tackling the basic contradictions of finance-dominated capitalism and the deficiencies of European economic policy …
Persistent link: https://www.econbiz.de/10013089794
In this paper the euro crisis is interpreted as the latest episode in the crisis of finance-dominated capitalism. For … 11 initial Euro area countries, the major features of finance-dominated capitalism are analyzed; specifically, the … approach tackling the basic contradictions of finance-dominated capitalism and the deficiencies of European economic policy …
Persistent link: https://www.econbiz.de/10009631541