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Fiscal Policy Stance Reaction to the Financial/Economic Crisis in the EMU: The Case of Slovenia

Mencinger, Jernej; Aristovnik, Aleksander - Volkswirtschaftliche Fakultät, … - 2014

euro-area countries in the 2004–2012 period and compares those changes with fiscal policy measures introduced in Slovenia … expansionary in the period before the current economic crisis started. The evaluation of the fiscal stance in Slovenia suggests … Slovenia in 2011 and 2012 due to fiscal consolidation was more restrictive and pro-cyclical. Finally, we emphasize that …

Persistent link: https://www.econbiz.de/10011168471

Teorii privind crizele economice ale sistemului capitalist

Susanu, CG - Volkswirtschaftliche Fakultät, … - 2012

Last decades have been the most turbulent in international monetary history in terms of the number, extent and severity of the economic and financial crises. There were more speculative bubbles in the period 1980-2000 than in any previous period, and Japan and Latin American countries...

Persistent link: https://www.econbiz.de/10011258782

Romania, Poland. Two Countries, One Wish: Joining the Eurozone

Soproni, Luminita; Marcut, Mirela - Volkswirtschaftliche Fakultät, … - 2013

The paper aims to present the efforts of the two Member States of the European Union regarding the criteria for accession in the „select club” of the Eurozone, in the current economic environment, which is characterized by uncertainty and profound turbulences. The study has pointed out that,...

Persistent link: https://www.econbiz.de/10011258985

Retour sur la crise et les politiques mises en œuvre : une perspective autrichienne

Facchini, François - Volkswirtschaftliche Fakultät, … - 2014

This paper argues in an Austrian-Business Cycle's perspective that all the conditions are met again to have new crisis. The Federal Bank treats, always, a crisis of liquidity excess by low interest rate, i.e. "cheap money policy". When Federal Bank will have to rise its rates, the crisis will...

Persistent link: https://www.econbiz.de/10011259004

European Union between the Constraint of Borders and Global Competition

Horga, Ioan - Volkswirtschaftliche Fakultät, … - 2011

The sovereign debt crisis, which currently affects especially the European Union, challenges on the one side the actuality of hard borders and the reexamination of soft borders (Horga & Brie, 2008), and on the other side the need for the European Union to deal with an even more complex global...

Persistent link: https://www.econbiz.de/10011259128

Kondratiev, Marx and the long cycle

Papageorgiou, Aris; Tsoulfidis, Lefteris - Volkswirtschaftliche Fakultät, … - 2006

Abstract This paper begins with a critical presentation of Kondratiev’s (1926) seminal paper on the question of the existence as well as his theoretical explanation of long cyclical fluctuations of the level of economic activity. Furthermore we argue that a coherent explanation of long-run...

Persistent link: https://www.econbiz.de/10011259173

Responses of European competition policy to the challenges of the global economic crisis

Czékus, Ábel - Volkswirtschaftliche Fakultät, … - 2012

European competition policy has been one of the common policies since the beginning of European integration. The European level economic policy coordination and the customs union have required a uniform framework for competition policy covering the whole Community. Nowadays the economic...

Persistent link: https://www.econbiz.de/10011259597

'Asian capitalism' and the financial crisis

Ajit, Singh - Volkswirtschaftliche Fakultät, … - 1998

With the economic crisis in East Asia and a continuing boom in the US, American triumphialism is in the air. The latter is perhaps not unexpected and probably does no harm. But what is more questionable is the view held in the highest circles in the US Government and international financial...

Persistent link: https://www.econbiz.de/10011259834

Real Output and Prices Adjustments under Different Exchange Rate Regimes

Mirdala, Rajmund - Volkswirtschaftliche Fakultät, … - 2013

, Hungary, Poland, Romania, Slovak republic, Slovenia). Despite the fact, there seems to be no real prospective alternative to …

Persistent link: https://www.econbiz.de/10011259924

Economic crisis and the firms´ innovation process

Nunes, Sérgio; Lopes, Raul - Volkswirtschaftliche Fakultät, … - 2013

The economic and financial crisis has brought firms, territories and countries before a set of restrictions to a greater or lesser extent, function as the conditioners of economic activity for several agents, also affecting their activities associated with the development of its innovation...

Persistent link: https://www.econbiz.de/10011259994

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