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The European Union has weathered a number of turbulent storms in recent years from the COVID-19 pandemic to the ongoing war in Ukraine. These crises have highlighted the limitations of the EU budget and the need for the flexibility to adequately respond to challenges in real time. They have also...
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The primary objective of this study is to analyze the impact on Bangladesh of increased market access in India, both … within a static production structure and also identifying dynamic gains. The study shows that Bangladesh and India would both … gain by opening up their markets to each other. Indian investments in Bangladesh will be very important for the latter to …
Persistent link: https://www.econbiz.de/10012975082
further. Looking ahead, growth of a dynamic non-mining sector is crucial for Botswana not only from the fiscal sustainability …
Persistent link: https://www.econbiz.de/10013135944
The ongoing coronavirus pandemic crisis as well as demographic and climate change pose major challenges for public finances. This article deals with the implications of demographic trends in Switzerland, i.e. the progressive ageing of the population and its impact on the country’s public...
Persistent link: https://www.econbiz.de/10013041006
The COVID-19 pandemic and the pressure it has created on member states’ public finances have led European authorities to suspend the EU’s fiscal rules. In fact, these rules had long been criticised by academics and had only been abided by exceptionally. Beyond the rules themselves, the...
Persistent link: https://www.econbiz.de/10013475423
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This paper proposes a sovereign asset and liability management framework for analyzing the inter-relationships between debt management, fiscal and monetary policies. It illustrates the consequences of uncoordinated policy mix and extends Sargent and Wallace (1981 and 1993) by including debt...
Persistent link: https://www.econbiz.de/10012775523
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While the euro officially came into being in 1999, it was the introduction of euro notes and coins 20 years ago in January 2002 that made the common currency a tangible reality for European citizens. The circle of member states has since grown from 11 to 19, and a growing section of the...
Persistent link: https://www.econbiz.de/10013041012