Showing 1 - 10 of 36
Since the crisis of Fordism, capitalism has been characterised by the ever more central role ofknowledge and the rise …
Persistent link: https://www.econbiz.de/10010750713
This article is to be published in the May 2006 issue of the Monthly Review. Nowadays, neoclassical economics' domination of development theory is on par with that of high finance's neoliberal power over development policies. There are important complementarities between these two forms of...
Persistent link: https://www.econbiz.de/10010750777
In this paper we empirically discuss whether or not external debt affects country's governance. Indeed, indebted countries need some political governance reforms in order to send out a positive signal to international financial community and investors; and so improving business climate. However,...
Persistent link: https://www.econbiz.de/10010899443
This study provides evidence of the role played by the financial structure and the liberalization in the crisis for low …
Persistent link: https://www.econbiz.de/10010634990
This paper studies the U.S. economy from an original point of view: that of the links existing between crisis and war …. The first part analyzes the workings of the current crisis, considered to be a "systemic" one. The second part places the … U.S. economy at the very heart of this crisis. The third part emphasizes the limitations of the anti-crisis policies …
Persistent link: https://www.econbiz.de/10010635044
The European sovereign debt crisis revived the discussion concerning pros and cons of exchange rate adjustment in the …
Persistent link: https://www.econbiz.de/10010635246
periods of crisis (1992-1993 and 2007-2009). The results indicate that the level of reactivity of labour market expenditure …
Persistent link: https://www.econbiz.de/10011025603
Para superar la crisis, los Estados miembros de la zona euro se han embarcado en el camino de la austeridad fiscal y la … búsqueda de la competitividad. Esta política es un callejón sin salida. Las crisis financieras y bancarias se suceden, las …
Persistent link: https://www.econbiz.de/10010820679
-2003. Sostenemos que esta variable es clave en la comprensión de la aparición de la crisis. El nexo que permite explicar su aparición … período objeto de estudio como de “crisis estructural.” El análisis de la evolución de los determinantes de la rentabilidad en … esta fase nos permite identificar la disfuncionalidad del papel de la crisis, ya que impulsa la composición del capital, lo …
Persistent link: https://www.econbiz.de/10008789588
Using data for 18 OECD countries over the period 1980-2004, we investigate how labour and financial factors interact to determine unemployment. We show that the impact of financial variables depends strongly on the labour market context. Increased market capitalization as well as decreased...
Persistent link: https://www.econbiz.de/10010930162