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outcome of fiscal shocks is strongly related to debt levels. The Euro-area countries included in the investigation are Greece …
Persistent link: https://www.econbiz.de/10012397755
This contributed volume explores the political economy and socioeconomic aspects of the Greek Financial Crisis both within the country's borders and as part of the global economy. With chapters authored by international experts, this book examines and explicitly deals with specific and important...
Persistent link: https://www.econbiz.de/10012397297
approach to the Greek debt crisis -- Chapter 3: Debt Supercycle in Greece and Secular Stagnation in the Eurozone: Implications … -- Chapter 7: History of Greece's Debt Crisis and the banking policy -- Chapter 8: The market reaction on ex-return of capital …
Persistent link: https://www.econbiz.de/10012397723
This book offers a comprehensive guide to the on-going Greek debt crisis. It identifies and explains Greece … on to outline the banking system in Greece in the post-crisis era, and includes analysis that explains how the credit … rating score affected Greece’s borrowing capacity prior to the start of the insolvency crisis. The final part analyses and …
Persistent link: https://www.econbiz.de/10012397726
Despite the success of policymakers and the European Central Bank in calming down financial markets since the summer of 2012, European leaders are still facing formidable challenges in making the single currency work in a complex environment. This book starts with a review of the necessary...
Persistent link: https://www.econbiz.de/10013523001
This book presents alternative macroeconomic perspectives, primarily open economy, on the limitations of discretionary fiscal policy, with a focus on government spending. Following an overview on the post-crisis Keynesian revival and of the macro-foundations needed for subsequent analysis,...
Persistent link: https://www.econbiz.de/10012397638
its writ ran - Greece, Ireland, Cyprus, and to a more limited extent, Spain. It was answerable only to a trio of unelected …
Persistent link: https://www.econbiz.de/10012397014
This book investigates the reasons for persistent public deficits and delayed fiscal reform in Japan, placing a special emphasis on political economy aspects. Japan is confronted with the need to pursue fiscal discipline for fiscal consolidation and implement structural reforms for reorganizing...
Persistent link: https://www.econbiz.de/10012401959
This book aims to explain the secret to China’s rapid growth over the last 40 years from the viewpoint of a firsthand witness. Zheng Xinli was enrolled as a graduate student of economics 40 years ago, at a time when very few Chinese people could enroll in higher-level education, let alone...
Persistent link: https://www.econbiz.de/10012397517
The relation between structural reform and macroeconomic policy underlies the widespread perception that the large European economies have under-performed in the past decade in comparison both with their own standards and with the contemporaneous performance of the United States. This book,...
Persistent link: https://www.econbiz.de/10011612315