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Paper deals with the European Monetary Union from perspective of Post Keynesian school of economic thought. It discusses separately arguments often proposed by mainstream economists. After the brief introduction, which highlights main differences between mainstream and Post Keynesian economic...
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based on the quantity theory of money. Some theorists say that any rate of inflation other than zero is inherently instable …In this paper the stability of an inflationary process is examined. A dynamic model of the inflation has been developed …. They say that as people become aware of the fact of continues inflation, however slow, they will anticipate inflation and …
Persistent link: https://www.econbiz.de/10008754967
This article is oriented on the analyses of the development of the mergers and acquisition process. The author shows the main reason and motivations of expansion MA and its influence on the globalization of the world economy. This activity is (in the time and the territory) very different and...
Persistent link: https://www.econbiz.de/10005036685
In the following text we introduce those approaches to the methodology of economics that are relevant from the perspective of post-Keynesianism. After a partially historical outline of philosophical and methodological stances of John Maynard Keynes and Nicholas Kaldor we attempt to shed some...
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Slovak Republic entered the ERM II in the end of 2005 whereby it came nearer to its strategic objective - joining the euro area. In this paper we try to answer two questions. Section 1 examines the features and risks of the EMU. Is EMU an optimum currency area and what is the OCA scorecard of...
Persistent link: https://www.econbiz.de/10008754964
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