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Duduiala-Popescu, Lorena - Volkswirtschaftliche Fakultät, … - 2009

In the context in which most countries in Western Europe is almost unanimously accepted advantage of using the single currency, it appreciates that for Romania, whose foreign trade is facing up to approximately 2 / 3 to the market, adopting the single currency will bring real benefits. To become...

Persistent link: https://www.econbiz.de/10005619508

The public-private savings mirror and causality relations among private savings, investment and (twin) deficits: A full modelling approach

Peeters, Marga - Volkswirtschaftliche Fakultät, … - 1996

Relations between national public and private savings, domestic investment, and the current account are analyzed with … literature. The results from the two approaches are rather different. The simulation results indicate that private savings … largely offset public savings (and vice versa) in the short run. In contrast with findings in partial models, a smaller effect …

Persistent link: https://www.econbiz.de/10008871155

The public-private savings mirror and causality relations among private savings, investment and (twin) deficits: A full modeling approach

Peeters, Marga - Volkswirtschaftliche Fakultät, … - 1999

Relations between national public and private savings, domestic investment, and the current account are analyzed with … savings largely offset public savings (and vice versa) in the short run. In contrast with findings in partial models, a … smaller effect of aggregate savings on investment is found and government deficits tend to increase current account imbalances. …

Persistent link: https://www.econbiz.de/10008836425

Sustainability of the Malawian Current Account Deficit: Application of Structural and Solvency Approaches

Nkuna, Onelie - Volkswirtschaftliche Fakultät, … - 2013

The objective of the paper is to examine the sustainability of the current account in Malawi. The study employs both econometric analyses and solvency approaches to complement each other. Results from both approaches confirm that Malawi’s current account deficits were excessive and...

Persistent link: https://www.econbiz.de/10011259095

Banii şi creşterea economică mondială. Sistemul monetar internaţional este extrem de fragil

Georgescu, George - Volkswirtschaftliche Fakultät, … - 2006

The paper is focusing on the world financial framework deterioration, as an adverse cost of the accelerated globalization of international goods & capital flows. The inclining of world monetary axis towards East by the accumulation of huge international reserves (in a few Asian countries) in...

Persistent link: https://www.econbiz.de/10008642668

Deficitul de cont curent: Maladie cronică a economiei româneşti ?

Georgescu, George - Volkswirtschaftliche Fakultät, … - 2007

The study is emphasizing the weak performances of the Romanian economy, unable to turn positive the current account deficits. On the contrary, because of rising problems in deficits financing through autonomous flows, the debt accumulation could lead Romania on the brink of entering a financial...

Persistent link: https://www.econbiz.de/10008534208

Does the macroeconomic policy of the global economy’s leader cause the worldwide asymmetry in current accounts?

Quaas, Georg - Volkswirtschaftliche Fakultät, … - 2010

Schnabl and Freitag (2009) sketch the causal chain that produced the current account surplus in China and the current account deficit of the U.S. (as a part of global imbalances) as follows: declining interest rates in the U.S. cause a redirection of capital flows into the periphery, rising...

Persistent link: https://www.econbiz.de/10008470464

High Noon at the EU corral. An economic plan for Europe, September 2011

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2011

The 2007+ credit crunch and economic crisis put European governments in severe debt, with talk about a Greek partial default. It also put the European banks into a zombie condition, while under Basel III the capital requirement rises from 8% to 10.5% (which requirement does not cover public debt...

Persistent link: https://www.econbiz.de/10009294940

Money as gold versus money as water

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2013

banks that are franchises of the ECB, (2) the secundary savings and loans banks, and (3) the tertiary investment banks. The …

Persistent link: https://www.econbiz.de/10011107257

MODELLING THE WORLD EXCHANGE RATES:DYNAMICS, VOLATILITY AND FORECASTING

Nwaobi, Godwin - Volkswirtschaftliche Fakultät, … - 2008

Indeed, the specification of equilibrium in the world economy depends on the exchange rate regime and thus, the early contributions to the postwar literature on exchange rate economics are to a large extent concerened with the role of speculation in foreign exchange markets. However, the world...

Persistent link: https://www.econbiz.de/10005619306