Showing 1 - 10 of 620
The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In … integration of European financial markets emphasizing the enormous structural changes that came about since the euro has been …
Persistent link: https://www.econbiz.de/10013136590
Persistent link: https://www.econbiz.de/10013459233
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...
Persistent link: https://www.econbiz.de/10011108214
member states within the crisis have fueled a lot of positions, from euro -skepticism, federalism to interguvernamentalism …
Persistent link: https://www.econbiz.de/10011259128
The paper tries to underline the most important aspects of the financial crisis in Romania. Taking into account the information speed, the full integration of the capital markets and the commercial integration, the economic crisis of 2008 is certainly a global one and it has repercussions not...
Persistent link: https://www.econbiz.de/10008753088
economies. Indeed, in the Euro-area, what started as a financial crisis escalated to a twin crisis after being doubled by the … strategies at the Euro-area level, the vicious circle between banks and European nation-states, the threats for the … union for the Euro-area member states. The structure of the banking union, the various aspects of its operation, and its …
Persistent link: https://www.econbiz.de/10011186604
One solution to the euro crisis as a debt crisis can be found in stimulating economic growth. The Troika has proposed … wages only will not solve the euro crisis. Only in the case of Greece, Europe’s biggest 'problem child', would a general … wage cut lead to improved competitiveness – regardless of the pain such a reform would cause. This is because Greece …
Persistent link: https://www.econbiz.de/10011258799
the euro which has shown the weaknesses of the European institutions and stressed the heterogeneity of member countries …. The global financial crisis struck the euro area very severely because it coincided with the lack of appropriate policy … euro. In the following section it describes the euro crisis and examines the remedies put in place, noting that despite the …
Persistent link: https://www.econbiz.de/10011258694
After the beginning of the euro area, countries in its periphery engaged in weighty borrowing from foreign private …
Persistent link: https://www.econbiz.de/10009370831
The 2007/8 financial crisis exposed and exacerbated the debt pathologies of the ‘West’. The paper examines whether the new global debt relations that have been generated by this crisis have transformed global power politics, changing the way in which the ‘global South’ and the ‘global...
Persistent link: https://www.econbiz.de/10011259196