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rapid across all states. They increased sharply in March and April 2020 and recovered steadily thereafter. In Europe, by … is most likely a consequence of the widespread use of short-term work schemes in Europe, given that the transatlantic …
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Two of the four macroeconomic adjustment programmes, Portugal and Ireland s, can be considered a success in the sense that the initial expectations in terms of adjustment, both fiscal and external, were broadly fulfilled. A rebound based on exports has taken hold in these two countries, but a...
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-Saxon" model. The data suggest otherwise. Moreover, the corporate sector in Europe has a much lower capacity to finance investment … from internal sources of funds, which implies that a recovery of investment in Europe will be much more difficult than in … be much larger in Europe than in the USA. …
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