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Completing the Monetary Union of Europe as Mid-term Solution of the Euro Crisis
Fischer, Justina A.V.; Pastore, Francesco - 2015
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the … growth in Greece and discusses the role of conditionality. Finally, the important role of mid-left parties is highlighted. …
Persistent link: https://www.econbiz.de/10011307457
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How to Handle the Crisis in Greece? Empirical Evidence Based on a Survey of Economics Experts
Potrafke, Niklas; Reischmann, Markus - 2016
Greece staying in the Eurozone increased to 69.8% in October 2015. 72.4% of experts surveyed believed that the IMF should … provide credit to Greece and 83.6% stated that the IMF should engage in economic reform programmes. Econometric evidence shows … crisis in Greece. 61.9% of the experts surveyed were not in favour of Greece exiting the Eurozone in the course of the …
Persistent link: https://www.econbiz.de/10011480443
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How to Handle the Fiscal Crisis in Greece? Empirical Evidence Based on a Survey of Economic Experts
Mosler, Martin; Potrafke, Niklas; Reischmann, Markus - 2019
We asked economic experts polled by the CESifo World Economic Survey how to handle the fiscal crisis in Greece in the …-level characteristics, especially credit default swaps as a measure of fiscal stability, predict views on whether Greece should exit the …
Persistent link: https://www.econbiz.de/10012052883
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How to handle the fiscal crisis in Greece? Empirical evidence based on a survey of economic experts
Mosler, Martin; Potrafke, Niklas; Reischmann, Markus Josef - 2019
We asked economic experts polled by the CESifo World Economic Survey how to handle the fiscal crisis in Greece in the …-level characteristics, especially credit default swaps as a measure of fiscal stability, predict views on whether Greece should exit the …
Persistent link: https://www.econbiz.de/10012158012
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TERRITORIAL UNITS¢ COMPETITIVENESS: A SELF-RELIANT CONCEPT OR A DERIVATIVE CONCEPT OF FIRMS¢ COMPETITION?
Kapitsinis, Nikolaos; Metaxas, Theodore; Duquenne, … - 2011
, regions or states) in order to attract financial and human capital. The concept of territorial competitiveness was introduced … competitiveness in current territorial development policy contribute to a global view of the concept. This paper makes efforts to … theoretical propositions, participating in the discussion which takes place about territorial competitiveness with many …
Persistent link: https://www.econbiz.de/10011336386
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Impact of services trade on India's economic growth and current account balance: Evidence from post-reform period
Thomas, Mini P. - 2016
Economic Growth and External Stabilisation (defined in terms of Current Account Balance as a percentage of GDP) is a top priority for policy-makers, while laying out the macroeconomic framework for Indian economy. Government of India had targeted for an average GDP growth rate of 9 percent and a...
Persistent link: https://www.econbiz.de/10011561796
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Extending Minsky's classifications of fragility to government and the open economy
Wray, L. Randall - 2006
Minsky's classification of fragility according to hedge, speculative, and Ponzi positions is well-known. He wrote about fragile positions of individual firms and of the economy as a whole, with the economy transitioning naturally from a robust financial structure (dominated by hedge units) to a...
Persistent link: https://www.econbiz.de/10010266459
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Fiscal policy in a Stock-Flow Consistent (SFC) model
Godley, Wynne; Lavoie, Marc - 2007
This paper deploys a simple stock-flow consistent (SFC) model in order to examine various contentions regarding fiscal and monetary policy. It follows from the model that if the fiscal stance is not set in the appropriate fashionthat is, at a well-defined level and growth ratethen full...
Persistent link: https://www.econbiz.de/10010266538
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The Buffett plan for reducing the trade deficit
Papadimitriou, Dimitri B.; Hannsgen, Greg; Zezza, Gennaro - 2008
This paper considers a plan proposed by Warren Buffett, in which importers would be required to obtain certificates proportional to the amount of non-oil goods (and possibly also services) they brought into the country. These certificates would be granted to firms that exported goods. Exporting...
Persistent link: https://www.econbiz.de/10010266564
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Empirical investigation of foreign direct investment and current account balance in East Asian economies
Ali, Mahnaz; Ahmad, Tusawar Iftikhar; Sadiq, Rozina - In: Pakistan Journal of Commerce and Social Sciences (PJCSS) 13 (2019) 3, pp. 779-795
Among the Asian regions the East Asia is the largest recipient of foreign direct investment (FDI). The FDI by affecting the host country's exports and imports may also influence the current account balance (CAB) of that country. The East Asian economies are facing the persistent current account...
Persistent link: https://www.econbiz.de/10012114713