Today it's frequently used the terms PIGS or PIIGS, acronyms used by economic journalists to refer to different countries of the European Union for their statement of affairs. The bad connotation is evident from the fact that pigs in English suggest the bad state of the economies of these...

This paper investigates the short run as well the long run relationships between money supply, inflation, government expenditure and economic growth by employing the Error Correction Mechanism (ECM) and Johansen co-integration test respectively for the case of Cyprus using annual data from 1980...

While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit insurance on steady-state employment, the short-term effects of benefit reforms are not well-established. This paper contributes to fill this gap by estimating impulse responses to...

This paper focuses on identifying of possible opportunities for local people, living in Pamir Alai region of Kyrgyzstan, particularly in Kashka Suu and Alaiku, by conducting analysis of such value chains as wool production and collection of berries and medicinal herbs. Identification of key...

Zwischen 2000 und 2009 ist China zur zweitgrößten Industrienation aufgestiegen und auch die Industrien anderer Schwellenländer sowie vieler osteuropäischer Länder sind sehr dynamisch gewachsen. Dennoch konnte Deutschland seinen Anteil an der globalen Industrieproduktion weitgehend...

The relationship between economic freedom and pro-poor growth is examined in Pakistan from 1995-2010. The concept of pro-poor growth is derived from the literature of Kakwani and Pernia (2000) and Kakwani and Son (2003). The domino effect shows that there is a strong link between economic...