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This paper looks at the recent debt crisis in Greece and argues that the crisis exemplifies a sequence of systematic mistakes made by International Financial Institutions, mistakes whose consequences had been clearly anticipated at the time of the first bail-out and could have been avoided. I...
Persistent link: https://www.econbiz.de/10011713778
This paper explains the evolution of the International Monetary Fund’s mandate and discusses its role in supporting countries experiencing a macroeconomic crisis. We consider the conditionality attached to its loans and why it is convenient in some regards. Even though its operations and...
Persistent link: https://www.econbiz.de/10015225311
This paper looks at the recent debt crisis in Greece and argues that the crisis exemplifies a sequence of systematic mistakes made by International Financial Institutions, mistakes whose consequences had been clearly anticipated at the time of the first bail-out and could have been avoided. I...
Persistent link: https://www.econbiz.de/10011651933
Italian Abstract: Questo lavoro prende in considerazione la recente crisi di debito della Grecia e sostiene che questa mostra una serie di errori sistematici fatto dalle Istituzioni Finanziarie Internazionali, le cui conseguenze erano state chiaramente anticipate sin dal primo intervento di...
Persistent link: https://www.econbiz.de/10013010386
mainly used data coming from the Coordinated Portfolio Investment Survey (CPIS) conducted by the IMF, with further …
Persistent link: https://www.econbiz.de/10009193021
This work attempts to quantify the size of the adjustment of the United States external imbalance which can arise from a depreciation of the dollar, an adjustment of the Government�s budget in the United States and an acceleration of the technological process in other main advanced...
Persistent link: https://www.econbiz.de/10005111572
This paper combines the literature on financial crises with that on international immigrations by investigating whether the increasingly large flows of workers� remittances can help reduce the probability of current account reversals. The rationale for this stands in the great stability and...
Persistent link: https://www.econbiz.de/10005113628
Italian Abstract: L'articolo introduce al presente numero, rivedendone i contenuti e ponendoli nel contesto dell'attuale crisi europea.Evidenzia brevemente la rilevanza dell'articolo pubblicato da Josef Steindl in questo numero per la prima volta, così come l'articolo di Nina Shapiro...
Persistent link: https://www.econbiz.de/10012923694
Employment, unemployment and, more generally, the theme of work are the issues that have become a social emergency and are central to the debate on economic growth. This paper examines the employment and unemployment in Italy and Europe in the nineties, ie in a period of major institutional...
Persistent link: https://www.econbiz.de/10015230554