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Unlike the crisis years of 2007-2009 (when the insolvency of large banks was a major problem), the current round of the global financial crisis has fiscal origins. Almost all developed countries suffer from an excessive public debt burden that has been built up over the last two decades or more....
Persistent link: https://www.econbiz.de/10011430901
The euro is the second most important global currency after the US dollar. However, its international role has not … increased since its inception in 1999. The private sector prefers using the US dollar rather than the euro because the financial … market for US dollar-denominated assets is larger and deeper; network externalities and inertia also play a role. Increasing …
Persistent link: https://www.econbiz.de/10013270943
Das Update 2016 des EU-Nachhaltigkeitsrankings der Stiftung Marktwirtschaft und des Forschungszentrums Generationenverträge der Universität Freiburg analysiert die Gesamtverschuldung der EU-Mitgliedsländer, deren Entwicklung im Vergleich zum Vorjahr und die langfristige Entwicklung der...
Persistent link: https://www.econbiz.de/10011630712
The purpose of this paper is to examine the economic aspects of EU policy towards its Eastern neighbors in the former Soviet Union. For a long period of time, this region was considered as less important for the EU, as compared to Central and Eastern Europe, which was the subject of a...
Persistent link: https://www.econbiz.de/10011430794
a federation, subject to further evolution. This is also true of the Single European Market and the Economic and … principles of the Single European Market. The distressed financial markets also test the macroeconomic coherence of the EU and … to complete the lacking elements of the Single European market architecture (such as European financial supervision) and …
Persistent link: https://www.econbiz.de/10011430830
Emerging market economies were major beneficiaries of the economic boom before 2007. More recently, they have become … smaller output decline than the Euro area and the entire EU while the CIS, especially its European part, contracted more …
Persistent link: https://www.econbiz.de/10011430853
The idea of a Deep and Comprehensive Free Trade Agreement goes beyond the traditional concept of trade liberalization and, apart from the elimination of tariffs in trade of goods, it also includes the reduction/ removal of non-tariff barriers, the liberalization of the investment regime, the...
Persistent link: https://www.econbiz.de/10011430891
Die Corona-Pandemie legt die Stärken und Schwächen der Europäischen Union (EU) bloß und verdeutlicht die Unterschiede in der Leistungs- und Widerstandsfähigkeit der europäischen Volkswirtschaften. Die vorliegende Studie widmet sich daher der Frage, wie die EU gestärkt und mit höherer...
Persistent link: https://www.econbiz.de/10012269121
move away from the model of a liberal and competitive social market economy towards a more state-controlled and …. The seemingly old-fashioned alternative remains a market economy that is based on competitiveness through more - not less …
Persistent link: https://www.econbiz.de/10012423536
Die seit 2019 geltenden US-Strafzölle wegen Airbus-Subventionen treffen nicht nur die Flugzeugindustrie, sondern auch europäische Familienunternehmen: Am zweitstärksten betroffen sind die Hersteller alkoholischer Getränke (z.B. Spirituosen- und Weinhersteller). Auch Süßwarenhersteller und...
Persistent link: https://www.econbiz.de/10012820891