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Persistent link: https://www.econbiz.de/10011499201
This paper studies the process that led to the Argentine crisis. The analysis concentrates on the sequence of public and private decisions, together with the varying perceptions and policy incentives that motivated them. In the 1990s, Argentina searched for a new growth trend. During much of the...
Persistent link: https://www.econbiz.de/10009021291
This study attempts to demonstrate how a government launched an economic structural reform plan that previous governments, fearing a serious social backlash, had been unable to implement over the course of 30 years. The findings show that the Iranian government used “illusion therapy”, a...
Persistent link: https://www.econbiz.de/10011051485
expenditure or reducing public income have on the gross domestic product of Germany, with the help of two medium-sized macro …
Persistent link: https://www.econbiz.de/10009689597
Abstract: Der vorliegende Band trägt den Titel "Eine Nachlese 1995-2011", denn er enthält eine Sammlung von lesenswerten Beiträgen zu den bisher veröffentlichten Bändender Reihe. Die Aufsätze reflektieren die Ergebnisse der Suche nach einem gemeinsamen Forschungsschwerpunkt am...
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needs rules and boundaries. This paper reviews the broader institutional design problem regarding the effectiveness of the … central bank in practice and confirms the need for rules and boundaries. The framework proposed for improving the Fed … Central Bank of Cyprus to Marfin-Laiki Bank during the crisis, however, suggests that the existence of rules and boundaries …
Persistent link: https://www.econbiz.de/10011117359
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This paper reviews developments in the Cypriot economy following the introduction of the euro on 1 January 2008 and leading to the economic collapse of the island five years later. The main cause of the collapse is identified with the election of a communist government in February 2008, within...
Persistent link: https://www.econbiz.de/10010387171