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This paper analyzes the effects of the reforms initiated in India following the balance of payments (BOP) crisis of 1991 on economic performance. We do not find persuasive the contention of many analysts that growth accelerated after the mid-1980s when reforms were initiated. Nor does...
Persistent link: https://www.econbiz.de/10013082166
Prior research has demonstrated that financial aid can influence both college enrollments and completions, but less is known about its post-college consequences. Even for students whose attainment is unaffected, financial aid may affect post-college outcomes via reductions in both time to degree...
Persistent link: https://www.econbiz.de/10012984109
The creation of non-contributory pension schemes is becoming increasingly common as countries struggle to reduce poverty. Drawing on data from Mexico's Adultos Mayores Program (Older Adults Program) - a cash transfer scheme aimed at rural adults over 70 years of age - we evaluate the effects of...
Persistent link: https://www.econbiz.de/10013061395
In Deutschland hat die Forderung nach Einführung eines allgemeinen gesetzlichen Mindestlohns an Bedeutung gewonnen. In diesem Beitrag werden zum einen die gesellschaftlichen und wirtschaftlichen Veränderungen aufgezeigt, die die Grundlage der Verbreitung dieser Forderung bilden, und zum...
Persistent link: https://www.econbiz.de/10003644235
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Die seit der Finanzkrise massiv steigende Staatsverschuldung hat die Inflationssorgen vieler Anleger erhöht. Karsten Junius und Kristian Tödtman, DekaBank, zeigen in diesem Artikel, über welche Effekte höhere Inflationsraten zu niedrigeren Staatsschuldenquoten beitragen können. Dazu...
Persistent link: https://www.econbiz.de/10008656848
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-Saxon" model. The data suggest otherwise. Moreover, the corporate sector in Europe has a much lower capacity to finance investment … from internal sources of funds, which implies that a recovery of investment in Europe will be much more difficult than in … be much larger in Europe than in the USA. …
Persistent link: https://www.econbiz.de/10009626626
Policymakers in the EU member states are currently shaping rescue packages to prevent the financial crisis hitting their economies with unmitigated force. Each government is responding to the emerging problems with a country-specific set of measures. Given the global nature of the crisis, would...
Persistent link: https://www.econbiz.de/10009626666