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Does Northern Europe possess unique characteristics that cannot disappear and do not need to disappear, or will globalisation inevitably result in uniformity, divested businesses, lower wages and huge pressure on social security provisions? This is one of the main questions addressed by this...
Persistent link: https://www.econbiz.de/10013104883
Greece has reached a point where, under any plausible macroeconomic scenario, public debt will continue growing faster than GDP. Fiscal consolidation alone cannot close the solvency gap. A substantial reduction in the stock of debt is needed. Even post-debt restructuring, there is no guarantee...
Persistent link: https://www.econbiz.de/10010280648
Greece has reached a point where, under any plausible macroeconomic scenario, public debt will continue growing faster than GDP. Fiscal consolidation alone cannot close the solvency gap. A substantial reduction in the stock of debt is needed. Even post-debt restructuring, there is no guarantee...
Persistent link: https://www.econbiz.de/10009387266
Greece has reached a point where, under any plausible macroeconomic scenario, public debt will continue growing faster than GDP. Fiscal consolidation alone cannot close the solvency gap. A substantial reduction in the stock of debt is needed. Even post-debt restructuring, there is no guarantee...
Persistent link: https://www.econbiz.de/10013117780
This paper gives an overview on the research done in the fields of tax competition, coordination and harmonisation. The survey is divided in two main parts, in the first section we compare the standard tax competition literature that sees tax competition as a bad, to public choice contributions...
Persistent link: https://www.econbiz.de/10012724241
In an attempt to rebalance trade with China, the United States administration decided in early 2018 to introduce a series of protectionist measures affecting certain imports in particular. This gave rise to an escalation of US-China trade tensions. The new tariffs have affected a significant...
Persistent link: https://www.econbiz.de/10012868724
This paper revisits the issue of cross-country spillovers from fiscal consolidations using an innovative empirical methodology. We find evidence in support of fiscal spillovers in 10 euro area countries. Fiscal consolidation in one country not only reduces domestic output (direct effect), but...
Persistent link: https://www.econbiz.de/10012950411
The paper provides a comprehensive overview of the historical problems and causes of the crisis, explains the choices available for the peripheral EU countries and the potential consequences, and discusses potential solutions which take into account how the EU operates. The Eurozone still makes...
Persistent link: https://www.econbiz.de/10014161383
The general aim of this article is to introduce and discuss the effect of Visegraacute;d co-operation as one of possible grounds for developing international relations in Central Europe. On the 1st of May 2004 Visegraacute;d 4 (quot;V 4quot;) countries entered the European Union and became a part...
Persistent link: https://www.econbiz.de/10012773349
hours in Europe. These aspects of globalization have offsetting implications that make it unclear whether it spurs, reduces … different “faces” of globalization affect weekly hours. Establishments in sectors facing more trade and investment tend to have … effects of globalization, particularly trade: establishments without collective-bargaining agreements increase their standard …
Persistent link: https://www.econbiz.de/10013140165