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The last decade witnessed an unprecedented economic growth in Emerging Market Economies (EMEs). EMEs have also been the main drivers of growth in the recovery following the global financial crisis. Nevertheless, EMEs continue to face a number of institutional and structural challenges that may...
Persistent link: https://www.econbiz.de/10011260755
periods euro and the euro zone will be subject to strong domestic and international pressure, we are convinced that the single …
Persistent link: https://www.econbiz.de/10011112750
The Bank of the Euro, that is the European Central Bank, is the topic of this paper, since on January 1999 started the … European Monetary Union that introduced a single currency, the euro, which in turn will be managed by the European Central Bank … European Central Bank, or the Bank of the Euro, will play effectively and efficiently its role and ensure the stability and …
Persistent link: https://www.econbiz.de/10011201262
global level. But inception of Euro changed this unique stature and status enjoyed by USD. With introduction of Euro as the … political and economic clout. Over time, value of euro started appreciating and accordingly, Euro/USD exchange rate which is … fully floating, started rising. A rising Euro affects the US economy in three ways: directly, indirectly and through a …
Persistent link: https://www.econbiz.de/10005034595
taux de change de l’euro par rapport au dollar tout en expliquant les facteurs à l’origine de leurs fortes variations et en …
Persistent link: https://www.econbiz.de/10005617059
Dollar/Euro exchange rate from the inception of the Euro in 1999 to the end of 2007. The major result of the paper is that … coefficients on inflation and the real economic activity measure are constrained to be the same for the U.S. and the Euro Area and …
Persistent link: https://www.econbiz.de/10005789851
French taxpayer. In the aftermath of the devaluation of the Franc CFA in 1994, and of the peg of the currency to the Euro in …
Persistent link: https://www.econbiz.de/10005260329
This paper addresses the sustainability of government debt in Europe and is motivated by the recent debt increases following the crisis. We evaluate the sustainability in a time frame of ten years in which governments will be able to implement budget rules to get budget deficits under control....
Persistent link: https://www.econbiz.de/10008924824
The Taylor rule has been used in many studies in order to analyse the monetary policies. In my work I focus on the Euro …
Persistent link: https://www.econbiz.de/10008559089
Almost 80 years after the big crash in USA and a new, bigger and more important crisis has appeared in the globalized economy in the middle of 2008. Crisis affects negatively almost all the fields of human life like development, employment, living conditions. One of the states largely affected...
Persistent link: https://www.econbiz.de/10011107493