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Greece’s financial difficulties apparently do not endanger the stability of the eurozone, nor is Greek debt …Griechenlands Zahlungsprobleme gefährden offensichtlich nicht die Stabilität der Eurozone, obwohl seine … Schuldentragfähigkeit langfristig nicht gewährleistet ist. Dennoch wurde Griechenland eine Programmverlängerung um vier Monate zugestanden …
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The continued debate on even the softened Stability and Growth Pact (SGP) highlights that the question of public debt in the European Monetary Union (EMU) needs further scrutiny. Both political economy models for emerging market sovereign debt and exchange rate regimes, as well as models on...
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policies in these countries, and shed light on possible differences between the original 12 members of the eurozone and the new …
Persistent link: https://www.econbiz.de/10014214821
The chapter discusses the possible consequences of Brexit for the Polish food sector. The focus was on two areas – the budget of the CAP and the agri-food trade of Poland and the United Kingdom. It was found that the Polish food sector may be particularly affected by the implications of...
Persistent link: https://www.econbiz.de/10012916044
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The United Kingdom will leave the European Union. Brexit will involve many complex negotiations. This paper analyses … Dynamic'). So far, the parties appear to approach the immensely complex negotiations intuitively as a zero-sum or even … negotiations and help the parties agree on a value-preserving ‘withdrawal agreement' (‘Brexit Mediation') …
Persistent link: https://www.econbiz.de/10012967753
Membership in a monetary union implies stronger incentives for nominal wage flexibility in the form of wage indexation and shorter contract length than nonmembership. For example, entry into a monetary union may cause a move from a non-indexation to an indexation equilibrium. But more wage...
Persistent link: https://www.econbiz.de/10011410646