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The study analyses macroeconomic policy-making in the European Union and the role of the European Parliament in it. There are three parts to the study. The first is concerned with policy-making procedures. The second analyses the implementation of the Broad Economic Policy Guidelines (BEPGs) and...
Persistent link: https://www.econbiz.de/10009636097
The paper states that economic growth is picking up in Turkey and the economy is on the road to recovery. It concludes that it is up to the Turkish policy makers to make sure that the countryu0092s economy will leave its grave problems behind and enjoy a bright future. Despite the recent...
Persistent link: https://www.econbiz.de/10009636921
Estonia's accession to the EU in 2005 led to a period of above-potential growth, fostered by expansionary monetary conditions. The predominance of foreign-owned banks accelerated the process of financial integration. Financial flows, while massive, were mostly directed at the non-tradable...
Persistent link: https://www.econbiz.de/10009641102
This Country Focus analyses and interprets the statistical characteristics of the Polish business cycle. It also identifies leading and lagging variables and shows that the economic fluctuations in Poland differ to some extent from those in other emerging and mature economies, with Polish growth...
Persistent link: https://www.econbiz.de/10009641226
Persistent link: https://www.econbiz.de/10009686301
The purpose of this study has been twofold: (i) To undertake an evaluation of the 32(out of 33) budget support operations which have been conducted in Mali over 2003 to 2009 by ten Development Partners (DPs) and to provide recommendations on the management of future budget support operations in...
Persistent link: https://www.econbiz.de/10011799382
Private consumption is a key component in the rebalancing of growth that China is seeking, and a challenging one. Not …. Understanding what drove the consumption share down to a mere 36% of GDP in China is thus vital. This brief explores the many … reasons for the high precautionary savings that followed in the wake of the reform process in China. In particular, the …
Persistent link: https://www.econbiz.de/10011291913
China's economy slowed significantly in the first three quarters of 2012 and questions have been raised on a possible … understand what is driving this slowdown and how lasting it may be given China's importance as an engine for global growth. Is …
Persistent link: https://www.econbiz.de/10011298658
Since the release of the 12th Five-Year Plan in 2011, a reform of China's household registration system – the so … so far (beyond some experiments at the provincial level). In the context of growing urbanisation pressures in China, a …
Persistent link: https://www.econbiz.de/10011298665
China's economy is at a cross roads. The factors that have driven its economic transformation over the last decades are …-income' trap, China's leaders are attempting to engineer a reorientation of the economy towards more sustainable sources of growth …. While considerable success has been achieved, more needs to be done more quickly before the authorities in China can prove …
Persistent link: https://www.econbiz.de/10011298680