Showing 1 - 10 of 4,775
We review the competing explanations of the 2007-2008 global crisis, recall how governments around the world had to depart from established policy stances, and reflect on the legacy of the crisis both in terms of future challenges and changes in policy doctrine. The G-20 has addressed important...
Persistent link: https://www.econbiz.de/10010317303
This paper focuses on roots of strain in the European Monetary Union (EMU). It argues that there is need for a thorough reform of the governance structure of the Union in conjunction with radical changes in the regulation and supervision of financial markets. Financial intermediation has gone...
Persistent link: https://www.econbiz.de/10011430884
I discuss briefly the crisis itself and then give some criteria that should be used in evaluating any policy proposed o deal with it. This is followed by a critical discussion of some of the policy measures that have been suggested. Finally, I give a list of proposals, that I believe best...
Persistent link: https://www.econbiz.de/10010427521
The dissertation includes four studies broadly connected to the causes and consequences of the Global Financial Crisis of 2007-8 from a political economy perspective. Following the intro-duction, Chapter 2 analyzes the political roots of massive foreign reserves accumulation, which has...
Persistent link: https://www.econbiz.de/10011698361
The Baltic economies were severely hit by the global financial crisis. Gross Domestic Product has contracted considerably. Naturally, it asked what went wrong with the "Baltic economic model". This paper surveys the programme of comprehensive economic reforms in the Baltic countries (the case of...
Persistent link: https://www.econbiz.de/10011790334
Der deutsche Bankensektor ist durch die internationale Finanzkrise schwer getroffen. Auf Deutschland und die im Februar … quantifiziert und wirtschaftspolitische Reaktionen aufgezeigt. Ziel der Wirtschaftspolitik ist es, die Transparenz zu erhöhen und …
Persistent link: https://www.econbiz.de/10010266115
Fragen - Klimawandel, Finanzkrisen oder internationale Konflikte - sind ohne eine Zusammenarbeit mit China nicht mehr zu … influence China's foreign relations. What is more, parallel to the economic success story, China's relevance in international … international conflicts, cooperation with China is needed in order to achieve results. The paper takes up several actual issues of …
Persistent link: https://www.econbiz.de/10010302282
This paper analyzes the macroeconomic impact of China's 2009-2010 fiscal stimulus package by simulating a dynamic … general equilibrium multi-country model of the world economy, showing that the effects on China's economic activity are … sizeable: absent fiscal stimulus China's GDP would be 2.6 and 0.6 percentage points lower in 2009 and 2010, respectively. The …
Persistent link: https://www.econbiz.de/10010328105
This paper relates on the impact of global crisis on China from a systemic point of view. In what ways external and … internal adaptation pressures influenced the transformation of the party-state system in China? Did reactions have an impact on …
Persistent link: https://www.econbiz.de/10010494435
With the implementation of the approach of the Interactive Party-State model (Csan di, 2006, 2011) the paper demonstrates the possible short and long term consequences of the adaptation pressures exerted by the global crisis on Chinese system transformation. It points to the short term character...
Persistent link: https://www.econbiz.de/10010494485