Showing 1 - 10 of 13
The present paper devises an account of the possibilities that the recent crisis opens up for capitalism, which dwells …
Persistent link: https://www.econbiz.de/10008871924
Recent developments in macroeconomics and macroeconomic policy, what has come to be known as “New Consensus in Macroeconomics”, downgrades the role of fiscal policy and upgrades that of monetary policy. This contribution aims to consider this particular contention by focusing on fiscal...
Persistent link: https://www.econbiz.de/10009141599
financial crisis. We employ daily observations for the six CEE stock indexes and also for the US market covering the period … January 2006-March 2009, which is subsequently divided into two sub-periods corresponding to the pre-crisis and crisis period …. The study reveals that the relationships among CEE stock markets are time varying. While before the crisis stock market …
Persistent link: https://www.econbiz.de/10009385665
Spain is currently facing its worst crisis in the last fifty years. The crisis began as an extension of the … international financial crisis, but the internal imbalances accumulated in the pre-crisis period aggravated the situation. At … economic crisis in Spain. The real estate sector and the banking sector are analysed in detail, as they played a key role in …
Persistent link: https://www.econbiz.de/10009318795
Since the onset of the current crisis, numerous intergovernmental organizations made declarations and plans, but only …. This paper aims to present political responses to the crisis, identifying how politicians envision the future of capital … markets and the world economy. The financial crisis might have been a direct motive to start a global political interplay …
Persistent link: https://www.econbiz.de/10009318801
global economic crisis that emerged in 2008 gave a new impetus to this research because numerous scientific studies appeared … in which inequalities were given as one of the key causes of the crisis from which the world is slowly recovering. This … economic inequalities caused the economic crisis. Although opinions differ as to inequality’s impact on the occurrence of the …
Persistent link: https://www.econbiz.de/10010858000
This paper examines the effect of economic crises on structural unemployment using an Autoregressive Distributed Lags model and accounting for the role of institutional settings on an unbalanced panel of 30 OECD economies from 1960 to 2006. We found that downturns have, on average, a significant...
Persistent link: https://www.econbiz.de/10010571596
This is a polemical essay that enters into broad dialogue with the contemporary literature concerning the dynamic of power. It refers to the ap- propriate material and results from the research of different theories. It propos- es the constitutive position of the power in the international...
Persistent link: https://www.econbiz.de/10010940888
The authors of this argumentative article emphasize that the range of the current crisis cannot be depleted in the … the current crisis is “great”, because it forces relevant actors to face the structural characteristics of contemporary … shareholder-capitalism. The crisis also puts to a test the self-reflection of the economic science which faces certain deficits …
Persistent link: https://www.econbiz.de/10008554120
The current crisis is spreading from the rich countries to those which surround them respectively, countries wherein …
Persistent link: https://www.econbiz.de/10008554130