, economies of scale, and have been heavily protected from international competition in Portugal and Spain. The `costs of non …

in Greece. Using a new database of public expenditure per region for the period 1978-2007, it proposes a model which … public investment in each region. Finally, the impact of different types of public investment in Greece is mediated by …

The paper reviews the economic performance of the Republic of Ireland since 1945. Its focus is comparative: Ireland … is found wanting. The comparison confirms that the 1950s were a particularly bleak decade for Ireland but, more … surprisingly, Ireland also performed less well than predicted by convergence criteria in both 1960-73 and 1973-88. The paper then …

institutional and macroeconomic features as the ultimate explanations of Spain's post-war growth performance. The following main … relative stagnation of the transition from Franco's dictatorship to democracy (1975-85), which ended with Spain's membership of …

the privatization of Greece’s public banks. We focus on two challenges for policy makers: the need to strengthen …

This paper investigates the relation between the rise in external debt and fiscal developments in Greece. We use an … reduction in (non-interest) government expenditure. They also suggest that in the case of Greece there is no further scope for a …

development in Greece, whereby increases in public expenditure, transfers and investment have maintained GDP, but with an …

The paper discusses the process of financial liberalization in Greece and the impact it is likely to have on the … conduct of monetary policy. To examine the effectiveness of exchange rate controls in Greece during periods of intense …