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In the present essay we undertake the comparison of three federations, the ancient Greek Achaean, with the modern Indian and the European Union (EU). We elaborate a set of criteria, democratization and cohesion, which include each four sub-criteria, in order to analyse the institutional set-up...
Persistent link: https://www.econbiz.de/10011111851
This paper examines India’s federal system in the context of prospects for India’s future economic growth and … development. After a brief review of India’s recent policy reforms and economic development outcomes, and of the country’s federal … institutions, the analysis focuses on the major issues with respect to India’s federal system in terms of their developmental …
Persistent link: https://www.econbiz.de/10005787082
Abstract Englisch Apparently the European economic model being subjected to a double competition problem. On the one hand, there are enormous differences in the level of competitiveness of the various member countries of the euro area and the EU among themselves. In the long term this Problem...
Persistent link: https://www.econbiz.de/10011212950
This paper provides my unique perspective as the economist on the team responsible for preparing the Liberal Party of Canada party platform for the 1993 election. This so-called 1993 Red Book was one of the first “contract with the public” political platforms. While not all the promises in...
Persistent link: https://www.econbiz.de/10011107809
In this paper, we consider how European institutions contributed to the euro crisis. In principle, the Stability and Growth Pact was intended to minimize externalities by preventing macro-economic "bad behavior" in the form of large budget deficits. In practice, it has had a difficult history,...
Persistent link: https://www.econbiz.de/10011111798
This study advices on a suitable strategy for financing healthcare in Kenya as the sector faces challenges of underfunding with an increased demand of quality and availability of health care services that are equitable and affordable for a growing population.The study examines the effect of per...
Persistent link: https://www.econbiz.de/10011112381
Turkish social security system has been developed under various social security institutions to provide social insurance against various social risks since 1945. Although the system has just 62 years history, it is in such situation that it is just able to provide its services with income...
Persistent link: https://www.econbiz.de/10011112446
The debates about how to deal with government budget deficits are raging all over the world. In the US, the federal government was forced to shut down for 16 days in October, 2013 because of the failure to pass a budget through congresses, and barely averted a default of federal government...
Persistent link: https://www.econbiz.de/10011112817
Excessive debt accumulation is an important policy concern in both developing and advanced economies because it is associated with various issues, particularly low growth and high inflation. This is apparent from the deleveraging vs. deficit spending debate; in this, the focus has tended to be on...
Persistent link: https://www.econbiz.de/10011240257
India's fiscal federalism, though asymmetric in nature has so far worked well to keep the federation going. The …
Persistent link: https://www.econbiz.de/10011201783