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Persistent link: https://www.econbiz.de/10014520238
Egypt has presented important budget imbalances. This paper tries to evaluate whether Egypt's public deficit has had any impact on current account imbalances, examining the validity of the twin-deficit hypothesis for Egypt. We conclude for the presence of a (weak) long-run relationship between...
Persistent link: https://www.econbiz.de/10005384277
Credible fiscal plans that aim at restoring fiscal sustainability will be essential to counter the present increase in debt levels all across Europe. The macroeconomic scenario of such plans will be crucial. This paper assesses whether there is any advantage in delegating (part of) such power to...
Persistent link: https://www.econbiz.de/10009352650
Persistent link: https://www.econbiz.de/10009490265
This volume is based on papers delivered at the second CESifo-Delphi Conferences (Munich, November 2003, and Delphi …, June 2004), which are jointly organized by CESifo and the Department of International and European Economic Studies of the … Athens University of Economics and Business. The CESifo-Delphi Conferences are organized every two years and involve a two …
Persistent link: https://www.econbiz.de/10012049763