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"According to the conventional wisdom, when an economy enters a recession and nominal prices adjust slowly, the monetary authority should devalue the domestic currency to make the recession less severe. The reason is that a devaluation of the currency lowers the relative price of non-tradable...
Persistent link: https://www.econbiz.de/10011394220
"Taking price changes from the Global Trade Analysis Project (GTAP) model of world trade, the authors use a small open economy computable general equilibrium comparative static model of the Russian economy to assess the impact of global free trade and a successful completion of the Doha Agenda...
Persistent link: https://www.econbiz.de/10010522475
Persistent link: https://www.econbiz.de/10010523331
The report presents the macroeconomic setting, and fiscal developments in the 1990s in Croatia, a country facing an … budget in Croatia is not a comprehensive measure of all fiscal activity, namely that five extra-budgetary funds are not …
Persistent link: https://www.econbiz.de/10012563629
enabling environment that transforms the solid waste management sector in Bulgaria, Croatia, Poland, and Romania. The EU … analyzes progress in Bulgaria, Croatia, Poland, and Romania; and identifies important shortcomings towards meeting the …
Persistent link: https://www.econbiz.de/10012550551
This report analyzes the impact of the global economic crisis on the labor market and poverty in Croatia, and discusses …-effectiveness of social policy in Croatia in response to an economic downturn. It argues that the impact of the crisis on employment … the social protection system in Croatia within the existing resource envelope, and build resilience against potential …
Persistent link: https://www.econbiz.de/10012550686
Croatia on a path to the European Union (EU). While opening the economy to global markets through World Trade Organization … Stabilization and Association Agreement (SAA) marked the first firm milestone on Croatia's path to EU. In October 2005, Croatia … Government has an unparalleled opportunity to place Croatia on a sustainable growth path to achieve better living standards for …
Persistent link: https://www.econbiz.de/10012552914
Croatia on a path to the European Union (EU). While opening the economy to global markets through World Trade Organization … Stabilization and Association Agreement (SAA) marked the first firm milestone on Croatia's path to EU. In October 2005, Croatia … Government has an unparalleled opportunity to place Croatia on a sustainable growth path to achieve better living standards for …
Persistent link: https://www.econbiz.de/10012552997