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hindered convergence among the countries of the Eurozone. On the one hand, there is wide agreement on the fact that asymmetric … support for convergence is fading away after the EMU was initiated in 1999. A process of divergence in per capita GDP is … underway, in contrast with the substantial progress that has taken place during the nineties. Regional convergence is also …
Persistent link: https://www.econbiz.de/10005453830
Studies on the productivity spillovers of FDI have concentrated on the national-sectoral level. As a result, little is known about the impact of FDI on absolute and relative regional economic performance. In this paper we examine this issue by relying on a unique dataset of over 20,000 Greek...
Persistent link: https://www.econbiz.de/10010686676
The goal of the present paper is to investigate not only the dynamics of the Greek public debt, but also what are the appropriate measures required for achieving fiscal consolidation. The empirical estimation is carried out using a macroeconomic dataset spanning the period 1980-2008 and both the...
Persistent link: https://www.econbiz.de/10010735153
In view of the growing attention paid to the role of fiscal governance in budgetary outcomes, this paper tries to shed light on the link between the recent Greek fiscal crisis and aspects of fiscal governance. It reviews fiscal developments in Greece over the last decade and challenges the...
Persistent link: https://www.econbiz.de/10010686668