as an exogenous factor to be used as a policy instrument to in-fluence growth. “Augmented” version of Wagner’s Law, where …

share of public expenditure on GDP) to the rate of economic growth. Individual countries research has been conducted for 12 … the shares of actual public expenditures generally exceed substantially those related to the maximization of GDP growth … with GDP growth rate maximization. …

their individual balance sheet. The coin economic theory may help to show that financial sector (equals savings) growth does … not equate to GDP growth. In this article the theory explores the allocation of savings, the role of interest rates, the …

-)Keynesian analysis is presented as a growth and employment-oriented alternative to this restrictive policy mix. Contrary to the strict … alternative requires the coordination of monetary, fiscal and wage policies in order to achieve growth, high employment and price …

concept of money and their satisfaction may be largely endogenous to shifts in the economic policy regime. Growth and …, in this paper the effects of the new EMU institutional framework for monetary, fiscal and wage policies on overall growth … has neither been conducive to aggregate growth nor to real convergence across the euro area. In order to improve growth …

growth and employment problems in the EU. These guidelines have been the EU-economic policy concept for ten years now, but … this concept has not been able to generate sustained growth in the EU. Examining the guidelines we show the weaknesses of … the economic policy model behind it and outline an alternative concept which promises more growth for Europe in the long …