Even European Union was considered a strong institution, US crisis covered the european area. All 27 countries UE members are involved in a hard work related to euro aria future and meanwhile in stability strategy. Concerning economic dimension of crisis gouvernments found out how vulnerable...

Welfare-state European model has been profoundly affected by the economic crisis. In this context, most of the EU member states decided to respond by undertaking short run policy measures. Government spending has been extended in order to create new jobs and to stimulate economic recovery. The...

The Republic of Croatia becomes a full member of the European Union on 1 July 2013. That goal was set more than two decades ago. To some extent it was delayed by social and political circumstances and also because of the slow process in adapting to the legal requirements of the European Union....

In the context of current economic crisis, in finding necessary measures to redress the global economy, this study makes a connection between the psychological factor, distrust, and the recovery precess. The problem of major interest in this conditions is what are the effects of distrust on...

The current major economic crisis, the deepest economic disturbance since the Great Depression of 1929-1933, with a powerful financial upheaval in the capital markets in the United States. In 2008, it quickly expanded into the other parts of the world, especially in Europe and the Far East, and...

Executive Directors commend Bangladesh in addressing the major challenges to growth and poverty reduction. The strategy is comprehensive and confronts the key issues impeding sustainable development and inclusive growth in Bangladesh. Implementing sound macro-financial policies, intensifying...

This publication documents the current assessment and strategic investment priorities of the Government of Cambodia and the Asian Development Bank (ADB) in the country’s urban sector. It highlights sector performance, priority development constraints, government plans and strategies, past ADB...

The limited access to bank credit in recent years has increased the pressure on small and medium size enterprises (SMEs), forcing them to scale down investment plans and production. This paper, which explores the macroeconomic implications of this channel, finds evidence that countries with high...