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The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In section two the functions, benefits, and costs of a leading international currency are discussed. In section three key determinants for the continuous dominance of the US dollar...
Persistent link: https://www.econbiz.de/10013136590
This article analyses business strategies in the automobile sector to determine the key factors behind production relocation processes in automobile components suppliers. These factors help explain changes in production geography in the sector not only in terms of location advantages but also...
Persistent link: https://www.econbiz.de/10014159354
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
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
accession in the „select club” of the Eurozone, in the current economic environment, which is characterized by uncertainty and … hurry to enter the Eurozone), and not backed by the economic reality, is in a stark contrast with Poland’s reserved attitude … (taking into consideration the fact that the Poland has the highest rate of economic growth in Europe), which expresses the …
Persistent link: https://www.econbiz.de/10011258985
We focus on four previous systemic financial crises that the United States has experienced since 1870. These include the crisis of 1873 (called the Great Depression until the 1930s), the 1893 crisis, the panic of 1907, and the Great Depression. Given that all of the earlier crises predate the...
Persistent link: https://www.econbiz.de/10011110861
The article explores the problem of boudaries between economics and history. The richeness that derives by crossing the … boundaries is explained with examples from the history of contemporary Italy. …
Persistent link: https://www.econbiz.de/10011107649
aggressive export policies of Northern Europe via their low wage policies. (6b) Given the similarity of the tax policies in the …
Persistent link: https://www.econbiz.de/10011109700
This article presents an analysis of the evolution of job quality from 2000 to 2010 in the European Union 15, using a newly developed composite measure of job quality that is applied to the European Working Conditions Survey. After a careful study of the evolution of job quality across the...
Persistent link: https://www.econbiz.de/10011110603
The recent economic crisis and taxation in the advanced countries - especially in the European nations - are linked in several ways. The tax systems may have exacerbated the crisis, and this raises the question of the need for a better system of taxation in certain economic sectors, especially...
Persistent link: https://www.econbiz.de/10009021968