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Northern Europe as a Role Model : Successful Enterprise in a Globalising Economy

de Graaf, Frank Jan - 2012

globalisation inevitably result in uniformity, divested businesses, lower wages and huge pressure on social security provisions … Lectorate International Business of the Hanze University of Applied Sciences in Groningen. The process of globalisation is one … is labour migration and immigration. Within this globalisation process we are witnessing the emergence of regions with …

Persistent link: https://www.econbiz.de/10013104883

Surveillance and control of fiscal consolidation on a supranational level

Aarle, Bas van - 2013

Strengthening budgetary surveillance and coordination of budgetary policy measures in the EU is of vital importance for economic stability and growth. The decentralised decision making structure in most areas of budgetary policies, requires the need to balance national and common objectives;...

Persistent link: https://www.econbiz.de/10010431705

Policy options for the development of peripheral regions and countries of Europe

Aiginger, Karl; Huber, Peter; Firgo, Matthias - 2012

Given the recent economic problems of southern EU countries that are rooted in lacking competitiveness, this task will summarise existing knowledge on the factors impeding on or facilitating the economic development of peripheral/low income regions in the EU, and discuss policy options to...

Persistent link: https://www.econbiz.de/10011404677

EU policies addressing current account imbalances in the EMU : an assessment

Dodig, Nina; Herr, Hansjörg - 2015

To handle the sovereign debt crisis in general and macroeconomic imbalances in particular the leading EU institutions (the Troika) adopted two broad approaches: The short-term approach is based on enhancing the Stability and Growth Pact and to imposing fiscal austerity on crisis countries. The...

Persistent link: https://www.econbiz.de/10010463375

How Does Economic Policy Uncertainty in Europe Affect the U.S. Stock Market?

Sum, Vichet - 2012

Motivated by the current financial and economic situation in Europe, this paper seeks to establish how the changes in economic policy uncertainty in Europe affect the stock market performance in the United States. Analyzing monthly index of economic policy uncertainty in Europe and monthly...

Persistent link: https://www.econbiz.de/10013104516

Does Economic Policy Uncertainty in the United States Affect Stock Market Performance in Europe?

Sum, Vichet - 2012

This paper investigates the effect of economic policy uncertainty in the United States on stock market performance in the European Union, Croatia, Norway, Russia, Switzerland, Turkey and Ukraine. The analyses of monthly returns on the major stock market indices in these countries from 1985:2 to...

Persistent link: https://www.econbiz.de/10013104689

The Impulse Response Function of Economic Policy Uncertainty and Stock Market Returns : A Look at the Eurozone

Sum, Vichet - 2013

This paper examines the impulse response function of economic policy uncertainty (EPU) and stock market returns in the Eurozone. Using a vector autoregression analysis, this study explores how the Eurozone's stock market responds to the impulse of economic policy uncertainty; a response feedback...

Persistent link: https://www.econbiz.de/10013090760

Economic Policy Uncertainty in the United States and Europe : A Cointegration Test

Sum, Vichet - 2013

Economic uncertainty is closely followed and analysed by businesses, policy makers and academic scholars because the world economies have now become very closely interconnected more than ever. This study is to examine a relationship between economic policy uncertainty between the United States...

Persistent link: https://www.econbiz.de/10013090882

Crises of Governments - The Ongoing Financial Crisis and Recession

Barro, Robert J. - 2012

In this short book, Robert Barro, one of the world's leading economists, examines the causes and consequences of the financial crash. In particular, he looks at the effects of fiscal stimulus packages and suggests that, whilst they may lead to an immediate positive impact on growth, the effect...

Persistent link: https://www.econbiz.de/10013112882

Economic policy uncertainty : The probability and duration of economic recessions in major European countries

Nguyen, Thanh Cong - 2021

We study the impact of economic policy uncertainty on the probability and duration of economic recessions in 10 major European Union countries over the period 1987Q2-2021Q1. We find that economic policy uncertainty results in not only a higher probability of economic recessions but also longer...

Persistent link: https://www.econbiz.de/10013220206

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