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This book explores the reasons behind Europe’s poor performance in terms of overall growth and its progressively … diminishing role in the global context. Recognizing that the big challenge is to restore confidence and hope in Europe, potential … will be required for Europe to become a region characterized by social justice, dynamism, and opportunities for all …
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Purpose – The aim of this paper is to investigate the impact of exogenous shocks of remittances on consumption, investment, imports and output in five Mediterranean countries. Design/methodology/approach – This paper builds a Keynesian type econometric model with a dynamic perspective and a...
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Models fiscal policy interactions between fiscal authorities and private investors in the foreign exchange market in a game-theoretic framework. Using a two-period game, I consider the credible and noncredible announcements of the domestic fiscal authority with respect to the stance of its...
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