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After almost four decades of price stability, inflation has recently approached historical highs. Initially driven by global energy and food price increases, the magnitude of the surge in inflation caught central banks and markets by surprise. Price pressures are now increasingly broadening to...
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eurozone has grown quite polarised. In this Forum, several experts use analytical, evidence-based approaches to gauge the …
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eurozone's competitiveness. However, the euro's recent weakening began well before the ECB announced its programme; moreover …The Swiss National Bank's January 2015 decision to abandon the Swiss franc's peg to the euro led to short-term chaos in … quantitative easing programme has been regarded by many as a thinly disguised attempt to weaken the euro in order to improve the …
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With European governments cutting back on spending, many are asking whether this could make matters worse. In the UK for instance, recent OECD estimates suggest that 'austerity' will lead to another recession, which in turn may lead to a higher debt-to-GDP ratio than before. As the debate heats...
Persistent link: https://www.econbiz.de/10010369095
With disparities in national unemployment rates reaching record levels, the debate on fiscal stabilisers in Europe has gained new momentum. Can a European unemployment insurance scheme help to absorb asymmetric shocks and bring about the desired level of macroeconomic stabilisation? What should...
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A chasm has opened up across the Atlantic in terms of fiscal policy.
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