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, Statistics made on tourism management and services. Services have become an important sector of world economy wich continues to … and social needs in a permanent dynamic have determined the need to develop services faster than the speed of … diversification of properties. Mostly modern economy is producing and consuming services. Dynamic needs influence the division of …
Persistent link: https://www.econbiz.de/10015225317
usual target variables of economic growth, inflation, external balance and employment as well as intermediate target … above 8 percent; and ensure a more employment-intensive pattern of development, while maintaining external and domestic …
Persistent link: https://www.econbiz.de/10015403470
This paper looks at the planned austerity measures in Spain, the rationale for the spending cuts and tax increases, likely outcomes for future debt-to-GDP ratios, and the probable results of alternative policies.
Persistent link: https://www.econbiz.de/10008560250
Globalization and strengthening of integration processes have, among other things, also influenced some solutions relating to monetary sovereignty of particular countries. A great number of transition countries as well as some other underdeveloped countries are facing both inefficiency in their...
Persistent link: https://www.econbiz.de/10015244405
This paper examines the fiscal and monetary policy options available to China as a sovereign currency-issuing nation operating in a dollar standard world. We first summarize a number of issues facing China, including the possibility of slower growth, global imbalances, and a number of domestic...
Persistent link: https://www.econbiz.de/10010513080
This paper seeks to provide a new and chiefly monetary explanation for the origins of the sixteenth-century era of sustained inflation (c.1520 - c.1640) commonly known as the Price Revolution'; and in particular it provides an answer to the question: not, as traditionally posed, why did the...
Persistent link: https://www.econbiz.de/10005704807
The basic thesis is that the modern 'financial revolution', usually dated to eighteenth century England, but far more properly to the sixteenth-century Netherlands, in terms of those institutions for both government finance (borrowing) and international finance (bills of exchange), owed its...
Persistent link: https://www.econbiz.de/10005704834
Persistent link: https://www.econbiz.de/10013029732
In this work, behavior of money multipliers for a developing country, Turkey is examined and is calculated by estimating the values of the model constructed for the purpose for the period of 1952-1972. However, model lends itself for applications covering any other period.Study includes three...
Persistent link: https://www.econbiz.de/10012891758
What is the current state of sovereign credit risk across Euro zone? Does the recent fiscal crisis extend to other (non Euro zone) countries? Is Greece the center of the problem? How did the current fiscal crisis in the Euro area start? Who is behind it? Why can it evolve? How can it be...
Persistent link: https://www.econbiz.de/10013114887