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The Chinese economy has undergone three major phases: the 1978-97 period marked as the SOE-led economy, the 1998-2015 phase as the investment-driven economy, and the new normal economy since 2016. All three economies have been shaped by the government financial policies, defined as a set of...
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responsibility for the Eurozone crisis from the private to the public sector. Focusing on Greece, I argue that the ECB constructed … the morality of the public debtor in such a way as to make this transfer of responsibility easier and the imposition of … exclusively in terms of public sector responsibility. However, the ECB also employed a range of non-linguistic policy measures …
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This paper opens up a study of deficit financing and management of the public debt in the context of the COVID-19 … international financial markets, as well as the options for exiting from the public debt enlarged by such borrowings are assessed …. At this juncture, public spending to strengthen social safety nets for truly disadvantaged families and firms are …
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Purpose This paper identified the ṣukūk structure suitable for deficit financing during the COVID-19 crisis. The study also explored the relevant Sharīʿah contracts that could be utilized to issue ṣukūk that is suitable for various jurisdictions and corporations in handling deficit...
Persistent link: https://www.econbiz.de/10014286178
-2008. Authors of the underlying study have established theoretical underpinnings for a negative nexus between rising public debt and …
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