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Saving Capitalism and Democracy tries to answer the difficult questions posed by intellectuals, the media, politicians …
Persistent link: https://www.econbiz.de/10012106394
This book explores the role of national fiscal policies in a selected group of Euro-area countries under the European Economic and Monetary Union (EMU). In particular, the authors characterize the response of output to fiscal consolidations and expansions in the small Euro-area open economies...
Persistent link: https://www.econbiz.de/10012397755
Introduction: The Responsibility of Knowledge, Challenges and Responses -- The Changing World and the Greek Economy Before the Crisis -- The Pre-Crisis Growth of the Greek Economy -- The Question of Growth -- Human Capital: Education, Innovation and Health -- Cultural Values, Stereotypes and...
Persistent link: https://www.econbiz.de/10014015558
Part I: US Growth Policies in the Election Year -- Part II: Assessing the Impact of Labor Market Reforms -- Part III: Imbalances, Tensions and Possible Readjustments: Evidence from Intertemporal Accounting and the Financial Accounts -- Part IV: G20, Global Governance and Regional Integration --...
Persistent link: https://www.econbiz.de/10014016680
Introduction -- Sustainable Public Debt: Theory and Empirical Evidence -- Debt and Growth: A Basic Endogenous Growth Model -- Productive Government Spending, Public Debt and Growth -- Government Debt and Human Capital Formation -- Debt and Growth: Empirical Evidence -- Conclusion.
Persistent link: https://www.econbiz.de/10014021349
Starting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarantee sustainability of public debt. The book first elaborates on that principle from a theoretical point of view and then tests whether...
Persistent link: https://www.econbiz.de/10013521220
A detailed and informed analysis of the current crisis facing the eurozone, examining the root causes and exploring the possible outcomes and uncertain future of the European Union and its currency. Chapters include case studies of Portugal, Ireland, Spain and Greece, as well as broader...
Persistent link: https://www.econbiz.de/10012053992
This volume contributes to empirical research on the role of national fiscal rules and institutions in shaping fiscal policies. It provides original, policy-oriented analysis on a number of questions and gives illuminating conclusions about the devices which promote sound and sustainable policy....
Persistent link: https://www.econbiz.de/10012106222
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 assesses the interconnectedness of democracy and economic development. It concentrates on how to … conceptualize and to measure democracy and quality of democracy in global comparison. The author makes the argument that a quality-of-democracy …1 Introduction: How to Conceptualize Democracy, Quality of Democracy in Global Comparison, and Democracy as Innovation …
Persistent link: https://www.econbiz.de/10012396015