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Structural funds are the most intensively used policy instrument by the European Union to promote economic growth in its member states and to speed up the process of convergence. This paper empirically explores the effectiveness of European Structural Funds by means of a panel data analysis for...
Persistent link: https://www.econbiz.de/10014106494
The paper deals with main directions of Russia's economic policy in the first half of 2000's. The author speaks about the outcome of economic reforms which took place during the period. He also draws conclusions on what the future economic policy may be
Persistent link: https://www.econbiz.de/10013101385
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(Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of international crises: 1994, 1997-1999, 2001 and 2008. In … transparency, reduced price volatility and increased the credibility of monetary authorities. For countries to be able to implement …
Persistent link: https://www.econbiz.de/10011303276
Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve institutional quality, a country must endure a period of institutional change, which implies at least a little and possibly a lot of institutional instability. We investigate the...
Persistent link: https://www.econbiz.de/10013158839
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The outcome of the referendum on the UK's membership of the European Union in June 2016 was largely unanticipated by politicians and pundits alike. Even after the "Leave" vote, the uncertainty surrounding the withdrawal process might have affected the UK economy. We draw on an official list of...
Persistent link: https://www.econbiz.de/10013194430
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In this paper we estimate a Bayesian vector autoregressive model with factor stochastic volatility in the error term to …
Persistent link: https://www.econbiz.de/10011978764