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Impact of the Current Economic Crisis on the Institutional Layout of Global Economy

Jiránková, Martina; Hnát, Pavel - In: Acta Oeconomica Pragensia 2010 (2010) 5, pp. 3-19

Even though the efforts to foster global economic governance have been a longstanding issue of global economic policies, their effectiveness has been questioned by the current crisis. The crisis has revealed many systemic issues that would require global solutions on the one hand, but on the...

Persistent link: https://www.econbiz.de/10008784822

Makroekonomické efekty platební neschopnosti : dynamický model

Bulíř, Aleš - In: Politická ekonomie : teorie, modelování, aplikace 45 (1997) 2, pp. 225-238

Persistent link: https://www.econbiz.de/10001221713

Relation between government balance and debt

Rybáček, Václav; Musil, Petr - In: Politická ekonomie : teorie, modelování, aplikace 68 (2020) 4, pp. 462-482

Persistent link: https://www.econbiz.de/10012269392

Interest rate differentials and the debt in the euro-zone

Kubíček, Jan - In: Politická ekonomie 2006 (2006) 6, pp. 816-833

The paper deals with unintended consequences of the monetary union for the level of debt in the member countries of the … the low inflation ones (e.g. Germany). Different rates of growth of private or total domestic debt in individual countries … were closely connected to inflation differentials. Thus the debt was rising very rapidly in high inflation countries …

Persistent link: https://www.econbiz.de/10005036596

Tajikistan´s Economy in the Drug Trafficking Context

Kavánková, Hana - In: Acta Oeconomica Pragensia 2010 (2010) 2, pp. 52-63

This paper deals with the issue of drug trafficking in Tajikistan, which is a serious socioeconomic obstacle to the country´s economic growth. The author analyses the development and the reasons for the current situation since Tajikistan´s independency in 1991, arguing that the unsatisfactory...

Persistent link: https://www.econbiz.de/10008500687

The Least Developed Countries in The International Community and their Progress Towards Achieving Millennium Development Goals

Sýkora, Jiří - In: Acta Oeconomica Pragensia 2008 (2008) 4, pp. 92-102

The aim of this paper is to describe the current situation of the least developed countries (LDCs). After briefly explaining their historical development, this paper presents the current definition criteria for LDCs as well as their up-to-date list. The position of the LDCs within the...

Persistent link: https://www.econbiz.de/10005036328

Purchasing power parity and the equilibrium exchange rate

Mičúch, Marek - In: Politická ekonomie 2009 (2009) 3, pp. 405-428

Paper inquires into historical development of key theoretical concepts related to purchasing power parity in 20th century. It presents theories which explain relation between price level, labor productivity and exchange rate. These theories explain the process of how the long-run equilibrium...

Persistent link: https://www.econbiz.de/10005103171

From PPP to Natrex - the Case of Czech Crown

Škop, Jiří; Vejmělek, Jan - In: Politická ekonomie 2009 (2009) 3, pp. 323-343

The exchange rate cannot significantly diverge from a (real) long-term equilibrium level consistent with the macroeconomic picture of an economy for a long period of time; otherwise, the economy suffers from macroeconomic imbalances such as below-potential growth and below natural employment, or...

Persistent link: https://www.econbiz.de/10005103172

Financial Crisis Prediction: Specification of Pre-crisis Periods in Turkey, Argentina and Thailand

Hájek, Petr - In: Acta Oeconomica Pragensia 2005 (2005) 1, pp. 57-69

In this article is studied hypothesis, that every period (time interval) before financial crisis is distinguished by co-movement of several variables. The study is based on monthly data (that means no quarterly data, like portfolio investment, were used). This hypothesis, tested with vector...

Persistent link: https://www.econbiz.de/10005036383

Intertemporal approach to the balance of payments: relationship between savings and investments in the rich, poor and transition countries

Brada, Josef C.; Mandel, Martin; Tomšík, Vladimír - In: Politická ekonomie 2008 (2008) 2, pp. 147-161

The paper analyses the intertemporal approach to the balance of payments which is based on the intertemporal approach to the relation between domestic saving and investment. A key element of the presented analysis is whether world capital mobility is high enough to hold a condition that the...

Persistent link: https://www.econbiz.de/10005036654