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This article presents and critically evaluates the four Greek sovereign defaults (1827, 1843, 1893 and 1932) and puts them into a historical perspective. The argument is that each and every of the defaults was not an isolated episode in the turbulent economic history of capitalism, but rather a...
Persistent link: https://www.econbiz.de/10015252011
Post-War conceptions of human rights have evolved independently of long-established theory and practice of property and creditor rights, to the detriment of the development and implementation of human rights law. This chapter attempts to build a first bridge between these two fields of law. It...
Persistent link: https://www.econbiz.de/10015256078
Underlying Greece's public debt crisis is a fundamental economic problem: its lack of international competitiveness … on whether it will succeed in developing competitive industries. Reducing costs by lowering wages in case Greece stays in …
Persistent link: https://www.econbiz.de/10015233384
A textbook on European economic integration. The book presents readers with a brief but comprehensive overview of the processes of European economic integration taking place after the Second World War, with the main aim of presenting them from an economic perspective. This book attempts to...
Persistent link: https://www.econbiz.de/10015261320
The debate on currency arrangements and monetary policy frameworks in lceland has been motivated by developments in lceland and internationally in recent decades. Historically, lcelanders' colonial experience and struggle to retain control of vital natural resources made them hesitant...
Persistent link: https://www.econbiz.de/10015262448
The paper focuses on the evolution of the capital in Romania, in three extremely different periods during the last century, under the changes of internal / international context and political regimes, with special emphasis on the relationship with the country economic development. In the years...
Persistent link: https://www.econbiz.de/10015263126
Today's fragmentation of the world economy, the emergence in the near future of large economic blocs operating in different ideological and conceptual models of economy and society, and the fierce struggle for resources and influence, logically lead us turn to history, including the recent one....
Persistent link: https://www.econbiz.de/10015268647
We offer a new interpretation of the sovereign and commercial debt repatriation to Germany that occurred between 1931 and 1938, involving German bonds held abroad. These bonds exhibited a non-negligible and varying spread between their domestic prices and their respective prices abroad. We...
Persistent link: https://www.econbiz.de/10015218364
This paper revisits, modifies, and combines elements of three major ‘institutional’ international-trade models, none of which has yet fully received the attention that it deserves, to provide a new explanation for the growth, decline, and then rebirth of internationally-oriented fairs in the...
Persistent link: https://www.econbiz.de/10015257966
We analyse economic and political developments in Greece for the period 2010-2015, after the introduction of the … memoranda agreements between Greece, the European Union (EU), the European central Bank (ECB) and the International Monetary … game theoretical approach as a model for the “European game” played by Greece and the EU and the complex and confused …
Persistent link: https://www.econbiz.de/10015254519