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The monetarism, as I have tried to outline in this work is based on the ideas of the American professor Milton Friedman, who tried to revitalize and reconfigure the old quantity theory of money. These ideas were transposed and discussed by authors like Ion Pohoață, Tiberiu Brăilean or Al....
Persistent link: https://www.econbiz.de/10009325676
The measurement of transaction costs in an economy is a question of present interest and a difficult problem for every country. Attempts for measuring the transaction costs do not take effect mostly due to the fact that the data being gathered by the System of National Accounts do not correspond...
Persistent link: https://www.econbiz.de/10011109843
The changes that took place after 1989 in the countries of Central-Eastern Europe were political, social and economic. They were especially combined with the economic transformation. Due to the lack of comparable transformation experiences, the governments and societies of the countires that...
Persistent link: https://www.econbiz.de/10011259703
This article takes into consideration the connection between the real estate prices and the purchasing-power parity of currencies in the countries of CIS. It is shown that the exceeding growth of dollar real estate prices in these countries was the part of the rising of dollar prices for all...
Persistent link: https://www.econbiz.de/10011259852
The study is an attempt to explore the impact of inflation and income inequality in Pakistan. The study also analyzes the effect of foreign direct investment, workers’ remittances and manufacturing value added on growth. Annual time series data from 1972 to 2007 was used for the analysis....
Persistent link: https://www.econbiz.de/10011261152
In this paper, the attributes and variables featuring the development of the World countries are reviewed. The relationship between wealth levels and some estimates using synthetic indices of social development is analyzed. With this aim, we firstly use the indicators estimated by UNDP....
Persistent link: https://www.econbiz.de/10011114208
In this paper, the attributes and variables that characterize the development and welfare of rich countries (EU27) are reviewed. The relationship between the wealth levels and some estimates using synthetic indices of social development is analyzed (SDI). For this purpose, we firstly use the...
Persistent link: https://www.econbiz.de/10011115502
The normative approach is a conspicuous feature of economic literature dealing with socialist planning. As against that, the authors follow a descriptive approach: they formulate rules about the behaviour of planners by examining the Hungarian medium-term plans and the annual plans of the past...
Persistent link: https://www.econbiz.de/10011171771
Abstract This paper compiles alternative estimates of underground economies in twenty five transition countries during the transition decade and finds a disturbing lack of convergence between them, calling into question the reliability of GDP figures (which in varying degrees now include...
Persistent link: https://www.econbiz.de/10005619751
To estimate long-run growth based on the so-called potential GDP became a constant preoccupation among economists. However, one remaining problem in every long-run growth model is to estimate a persistent trend in labour productivity outside of it, in order to avoid the implicit circular...
Persistent link: https://www.econbiz.de/10005623231