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This article compares today's euro-zone debt crisis, in terms of economic diplomacy, with the earlier crisis in Latin America. Four features served to reconcile the tensions and resolve the 1980s' crisis. A balance was preserved between debtor countries and creditor banks. Though initially...
Persistent link: https://www.econbiz.de/10010670162
This study examines the nature of interdependence, and return and volatility spillovers, for three Indian exchange rates: US dollar (USD), Euro and British Pound. We use the spillover index methodology of Diebold and Yilmaz (2009) to analyse precisely and independently the returns and volatility...
Persistent link: https://www.econbiz.de/10009352440
consideration, we use the balanced panel of 14 EU countries from 1995 to 2006 in order to provide some evidences that could support …
Persistent link: https://www.econbiz.de/10009352451
international competition from EU, Japan, and later from China and the other emerging economies had played a pivotal role in the …-term harmful effects for the global economy. In addition, the inability of the EU to establish an optimal currency area has …
Persistent link: https://www.econbiz.de/10009352458
In 1991, the European Union undertook to form a full-fledged monetary union. It established the European Monetary Union with a European Central Bank (ECB) at its apex and a mandate to pursue price stability. The European regime differs from the US Federal Reserve System, which must pursue high...
Persistent link: https://www.econbiz.de/10010669628
European monetary history prior to 1950 presents many attempts at international monetary coordination, but none were as bold and as far reaching as the European Monetary Union envisioned in the Delors Report of 1989 and enacted through the 1991 Treaty on the European Union in Maastricht. This...
Persistent link: https://www.econbiz.de/10010669631
The Genetically Modified (GM) food and crops issue illustrates some key contemporary differences between the EU and the … environmentalists since 1990 on a range of issues in the EU, compared to the USA. Beck's 'Risk Society' theory has general resonance … representative of his 'analysis' of archetypal 'reflexive modernisation', while EU policies (on GM food at least) represent more self …
Persistent link: https://www.econbiz.de/10010669771
We have chosen to adopt an interdisciplinary approach to debt, leading to a transdisciplinary analysis of sovereign debt. Disciplinary fields as varied as logic, accounting, finance, psychology, geopolitics, economics, statistics, ethics, rhetoric and political discourse analysis are mobilised...
Persistent link: https://www.econbiz.de/10010669854
(Egypt and EU). Out of a total of 95 industries, we were able to support the S-Curve hypothesis in 20, mostly small …
Persistent link: https://www.econbiz.de/10010670354
Persistent link: https://www.econbiz.de/10005004308