Showing 1 - 10 of 10
-)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 …
Persistent link: https://www.econbiz.de/10009327899
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 …
Persistent link: https://www.econbiz.de/10009327917
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 …
Persistent link: https://www.econbiz.de/10009327942
In this paper the euro crisis is viewed as the most recent episode of the crisis of finance-dominated capitalism. Therefore, two major features of finance-dominated capitalism, the increasing inequality of income distribution and the rising imbalances of current accounts, are analysed for a set...
Persistent link: https://www.econbiz.de/10009397198
We analyse the long-run imbalances of finance-dominated capitalism underlying the present crisis – which began in 2007 – with a focus on developments in the US and Germany. We argue that beyond inefficient regulation of the financial sector, the severeness of the present crisis has been...
Persistent link: https://www.econbiz.de/10008592982
In a Kaleckian distribution and growth model with workers’ debt we examine the short- and long-run effects of three …
Persistent link: https://www.econbiz.de/10009325648
Overall inflation in Bangladesh saw a surge in inflation rate amid rising trend of global commodity prices in the last … Bangladesh. Descriptive analysis suggests that moderate inflation (e.g., 6-7%) is favourable for the development of the financial … performance of the financial sector in Bangladesh. The analysis broadly suggests that increasing management and operational …
Persistent link: https://www.econbiz.de/10011258918
Non-bank financial institutions (NBFIs) represent one of the most important parts of a financial system. In Bangladesh … of 24 NBFIs stood Tk.6901.8 million (BB, 2002). The NBFIs sector in Bangladesh consisting primarily of the development …
Persistent link: https://www.econbiz.de/10008565117
This paper examines the exchange rate policy in Bangladesh for the period 2000-08. Regime classification of the paper … suggests that Bangladesh maintained a de facto managed floating regime by intervening in the foreign exchange market on a … regular basis. This is at odds with the Bangladesh Bank's claim of maintaining de jure floating regimesince end-May 2003. A …
Persistent link: https://www.econbiz.de/10008490098
This paper analyzes interest rate spreads and margins in banking in Bangladesh for the period 1990-2008. The … the banking sector of Bangladesh despite financial reforms. …
Persistent link: https://www.econbiz.de/10008534556