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At first sight, Russia's economic performance is quite stable. On the background of the slowdown in the world economy and the continuing recession in the Euro zone in 2012. Russia has shown strong economic growth through sustainable consumption. The budget was drawn with a zero deficit, and the...
Persistent link: https://www.econbiz.de/10011212250
In a simplified model GDP growth depends on the demand effect of private investment growth and on the growth of the private savings ratio. In a generalized model private investment (IP) has to be supplemented by the trade balance (E) and the budget deficit (D), their sum being termed NPCE...
Persistent link: https://www.econbiz.de/10009649655
At first sight, Russia's economic performance is quite stable. On the background of the slowdown in the world economy and the continuing recession in the Euro zone in 2012. Russia has shown strong economic growth through sustainable consumption. The budget was drawn with a zero deficit, and the...
Persistent link: https://www.econbiz.de/10010897124
Germany’s recent export successes and the fast recovery from the 2007 -2009 crisis made it Europe’s “economic superstar” in public opinion. This paper interprets the German performance against the background of financialisation. After an examination of the pre-crisis demand and growth...
Persistent link: https://www.econbiz.de/10010933412