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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/10011308548
This paper discusses the future of the Stability and Growth Pact (hereafter SGP). Although Neoclassical economic models … positive spillover effects in long-term economic growth under specific terms and conditions, such as green conditionalities. We … conclude that to mitigate the triple crisis threat (economic, environmental and health), what is mostly needed are reforms in …
Persistent link: https://www.econbiz.de/10014284161
The economy of the European Union has not recovered from the impact of the economic and financial crisis. Growth rates …
Persistent link: https://www.econbiz.de/10011380141
potential threat to sovereign bond market stability in the euro area; these markets had disintegrated during the “euro crisis …
Persistent link: https://www.econbiz.de/10012051172
politicaleconomic, game-theoretic model that helps to understand why and how the parties involved in the Greek crisis arrived at the … related to the EMU's institutional design and has played an important role in the Greek crisis. However, contrary to the … EMU -- Greek crisis ; bail-out ; negative externality ; political economics ; game theory ; euro ; EMU …
Persistent link: https://www.econbiz.de/10008664981
-economic, game-theoretic model that helps to understand why and how the parties involved in the Greek crisis arrived at the bail … the EMU's institutional design and has played an important role in the Greek crisis. However, contrary to the existing …. -- Greek crisis ; bail-out ; negative externality ; political economics ; game theory ; euro ; EMU …
Persistent link: https://www.econbiz.de/10008697133
essence of today's crisis we analyze to what extent a "troubled" periphery EZ member can negotiate a bailout from the center … strengthen the EZ through at least four channels. -- sovereign debt crisis ; Eurozone ; Euro ; exit rules ; bail-out ; political …
Persistent link: https://www.econbiz.de/10009570716
-economic, game-theoretic model that helps to understand why and how the parties involved in the Greek crisis arrived at the bail … the EMU's institutional design and has played an important role in the Greek crisis. However, contrary to the existing …
Persistent link: https://www.econbiz.de/10013094281
This paper analyses how fiscal adjustment comes about when both central and sub-national governments are involved in consolidation. We test sustainability of public debt with a fiscal rule for both the federal and regional government. Results for the German Länder show that lower tier...
Persistent link: https://www.econbiz.de/10013124925
This paper analyses how fiscal adjustment comes about when both central and sub-national governments are involved in consolidation. We test sustainability of public debt with a fiscal rule for both federal and regional government. Results for the German Länder show that lower tier governments...
Persistent link: https://www.econbiz.de/10013160521