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Elaborating on PAsinetti (1998), the 'Geometry of Debt Sustainability' - GDS - represents a simple analytical tool for …
Persistent link: https://www.econbiz.de/10010335276
The 1953 London Debt Agreement settled Germany's debts from the period between the two world wars, and allowed the … percent and gave the debtors a much longer period to repay. One interesting clause in the Agreement allowed Germany to … problems that would arise with making any part of the Agreement contingent on events Germany could influence. Recent advocates …
Persistent link: https://www.econbiz.de/10010369208
. The paper utilizes a new dataset that is based on migration from 86 African and Asian countries to Germany. Information is …
Persistent link: https://www.econbiz.de/10010262258
them for the case of migration to Germany from 86 Asian and African countries from 1981 to 1995. The results confirm the …
Persistent link: https://www.econbiz.de/10010262276
Persistent link: https://www.econbiz.de/10010322663
In the wake of the current financial and economic crises, the economies of sub-Saharan Africa find themselves squeezed between likely reductions in official development assistance and the pressing challenge to eradicate poverty. Public expenditure allocation to the social sector and to public...
Persistent link: https://www.econbiz.de/10010330136
In March 2013 around 130 participants from academia, banking and finance, governments and central banking gathered at the premises of the OeNB in Vienna for a conference jointly organized by the European Money and Finance Forum SUERF, the OeNB and the Austrian Society for Bank Research to...
Persistent link: https://www.econbiz.de/10011689961
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Persistent link: https://www.econbiz.de/10010320670
A windfall of natural resource revenue (or foreign aid) faces government with choices of how to manage public debt, investment, and the distribution of funds for consumption, particularly if the windfall is both anticipated and temporary. We show that the permanent income hypothesis prescription...
Persistent link: https://www.econbiz.de/10010276227