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Apart from its widely accepted direct advantages, the introduction of the euro has been accompanied by a surge of inflation in most of the EU member states. At the same time, wages--in part, wages of the unskilled--are relatively losing ground, while the purchasing power of the average European...
Persistent link: https://www.econbiz.de/10005689351
This paper considers public employment guarantee programs in the context of South Africa as a means to address the nexus of poverty, unemployment, and unpaid work burdens--all factors exacerbated by HIV/AIDS. It further discusses the need for genderinformed public job creation in areas that...
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The note by Christopoulos re-examines the national savings--domestic investments correlation in Greece for the period 1960-2000. He applies the Johansen [Johansen, S. (1988). Statistical analysis of cointegration vectors. Journal of Economic Dynamics and Control, 8, 231-254; Johansen, S. (1991)....
Persistent link: https://www.econbiz.de/10005384106
We consider the relative effects of globalisation and regionalism in the context of recent developments in the world economy. We extend and advance the work of Chortareas and Pelagidis using the recently updated Penn World Tables data. This allows consideration of the recent 'golden era' of...
Persistent link: https://www.econbiz.de/10010535079
In this short paper, we deal with a comparison of the economic policies that Ireland and Greece have followed since the early 1990s on four fronts. We do that in four sections correspondingly. We begin with the general macroeconomic environment and policies’ comparison. We continue with...
Persistent link: https://www.econbiz.de/10009366998
The success of the European Union is remarkable. But the current economic crisis is severely testing support. It is affecting member nations in different ways, and for some the crisis has been painful. Without individual control over their economic policies, some nations are getting frustrated....
Persistent link: https://www.econbiz.de/10008592651
Austerity policies again prevail in Europe as well as in the United States. These economists, based in England and continental Europe, focus on the poorly understood damage that the austerity mania will almost certainly do on their side of the Atlantic. Why is it happening? There is no rational...
Persistent link: https://www.econbiz.de/10008742545
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