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States like Greece, Portugal, Ireland , Spain and Italy The advanced state debt are nothing more than a symptom of a lack of …
Persistent link: https://www.econbiz.de/10011212950
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 … foodstuffs (olive oil, ewe’s milk cheese) but at a lower price. On the other hand, for Spain and Portugal efforts to stimulate …
Persistent link: https://www.econbiz.de/10011258799
The study investigates disparities in social development in 144 countries worldwide. In the paper we aim to investigate cross-country differences in social development level in year 2011, as well as to estimate inequalities on the field. Secondly, we assess relative social development level...
Persistent link: https://www.econbiz.de/10014147310
developments (i.e. the current global crisis and the fiscal and debt crisis of Greece). The first part analyses the turbulent … and how it has been expressed in Greece. It is depicted as a twin crisis, i.e. a combination of (a) the current global …
Persistent link: https://www.econbiz.de/10008645086
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
(1) The basic problem in OECD countries is the tax void. (2) A tax system with an exemption is more transparant than a system with a tax credit. (3) Exemption should be at the level of the net minimum wage so that such workers can work at net = gross. (4) A tax credit is a sufficient but not a...
Persistent link: https://www.econbiz.de/10011109700
The paper focuses on empirical analysis of major factors that determine innovation activities of Russian manufacturing firms during the crisis. We presume that the crisis has ambiguous effects on firms' behaviour, on one hand limiting their financial capabilities to invest into new products...
Persistent link: https://www.econbiz.de/10013082604
This is an article on the economic policy in Italy today, written in a left-wing liberal perspective. It deals with the …
Persistent link: https://www.econbiz.de/10011109301
political economy perspective. The first section examines the general trends of taxation in Greece during the period 1995 …
Persistent link: https://www.econbiz.de/10011271689
secondarily at improving the effectiveness of the implemented policies. In that sense, the case of Greece, can be described as a …
Persistent link: https://www.econbiz.de/10011271693