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
This expository note provides a critical review of the burgeoning literature on social capital and highlights a number of conceptual and empirical issues. First, the concept of social capital remains largely elusive, with many different ideas attached to it. This elusiveness has serious...
Persistent link: https://www.econbiz.de/10005619730
This paper provides an extensive review of growth, inequality and poverty reduction in the East Asian miracle economies …. This review suggests that the basic impetus for poverty reduction was robust economic growth, which was fostered by a …
Persistent link: https://www.econbiz.de/10005621539
This paper provides a critical review of aid effectiveness in Bangladesh. Focusing on the contributions of major donors … adequate and reliable quantitative data. Foreign aid has had a mixed performance in Bangladesh. The responsibility for the … country can maintain its current growth momentum, it will soon join the ranks of the middle-income countries, but the path to …
Persistent link: https://www.econbiz.de/10011264821
Bangladesh is currently in the midst of a deadly political crisis. When Bangladesh was born forty-plus years ago, it …
Persistent link: https://www.econbiz.de/10011240425