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. Using a Eurozone case study, the article discusses the nexus between competitiveness and the trade balance. Secondly, the … overthrown, and finally, the article overturns the argument that austerity works. …
Persistent link: https://www.econbiz.de/10011118556
This paper offers a comprehensive review of macroeconomic policy in democratic South Africa. It does so with two distinctive features. First, macroeconomic policy is analysed on four interlocking, and sometimes conflicting, levels: [1] policy as provided “on paper” in government plans and...
Persistent link: https://www.econbiz.de/10011107302
The paper presents an analysis of (Italian region) Sicilia’s financial flows using data from Regional Public Accounts. The paper is divided into two main parts. The first part of the work considers financial flows as a whole. The second part considers more in detail expenditure and revenue...
Persistent link: https://www.econbiz.de/10008578240
This paper examines the potential role for foreign official holdings of U.S. Treasury securities and the associated implications for Treasury security interest rates, international portfolio allocations, net international income flows, and the U.S. net international debt position, using a...
Persistent link: https://www.econbiz.de/10008534545
In our view, the causes of the crisis are tied to the political change towards a Neoliberal phase from the 1970s on: a wide process of “deregulation” – from the labour market to the globalisation of production, from the national to the international finance – has allowed a partial...
Persistent link: https://www.econbiz.de/10011258120
problems in the Social Security and Medicare programs, have triggered a one-sided austerity-focused class war in the US …-sector austerity - severe cuts at all levels of government in spending that either supports the poor and the middle class or funds …, rising inequality and rising deficits. Rising deficits in turn created demands for austerity. After tracing the long …
Persistent link: https://www.econbiz.de/10009203627
Using discourse analysis, this paper offers an in-depth investigation of the discourse of key European and international newspapers on the Greek economic crisis. The aim is to analyse the way in which the issue of Greek economic crisis emerged in the public discourse of different countries and...
Persistent link: https://www.econbiz.de/10011260135
This article presents some reflections on the Colombian economic situation in 2003 and next year's perspectives. We consider that the economy has been improving since the second quarter of 2002, but at a slow rhythm. In spite of the improvement in some global and sectorial economic indicators,...
Persistent link: https://www.econbiz.de/10005836208
Over viewing the most recently evolutions throughout global economy, we can easily conceive that the collateral effects of economical globalization and market integration, represents the main issues debated in specialized professional or political circles. The unanimous impression underlines the...
Persistent link: https://www.econbiz.de/10005836380
Analysis of the economic activity in the pre-crisis period of 2000-2008. shows a steady decrease in the efficiency of actual production in Russia. Many businesses come to a threshold of bankruptcy: the profitability and financial strength are low, their products are not competitive, sources of...
Persistent link: https://www.econbiz.de/10011257782