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inadequate incomes. A large proportion of farms are threatened on both sides of the Atlantic, in the EC no less than in the USA … steeply both in the EC and in the USA. The question arises how much of this farm spending benefits farmers. …
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From the very beginning of the European Monetary Union the crucial institutions, the European Commission and the European Central Bank, led by mainstream economic thinking, were not up to their task of controlling the core of the system effectively. A huge gap in competitiveness among the member...
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The German federal government's fiscal consolidation package, announced in June, is designed to permanently reduce the federal deficit to a new target level. This article uses a three-region version of the European Commission's QUEST model to gauge the impact of the package on Germany and the...
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