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The Impact of the Recovery and Resilience Facility on the Greek Economy
Malliaropulos, Dimitris; Papageorgiou, Dimitris; … - 2022
This study assesses the potential macroeconomic impact of the stimulus and the structural reforms supported by the Recovery and Resilience Facility (RRF) on the Greek economy. The set-up is a Dynamic Stochastic General Equilibrium (DSGE) model that is augmented to account for the main features...
Persistent link: https://www.econbiz.de/10014077832
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COVID-19 Pandemic Economic Crisis in Sri Lanka
Landsburger, Ayon - 2021
A worldwide emergency has been proclaimed by the World Health Organization because of the global spread of COVID-19. The study examines the consequences of the pandemic on GDP, employment, inflation, stock market, and external sector performance in Sri Lanka, as well as poverty. COVID-19 news...
Persistent link: https://www.econbiz.de/10013215113
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The 2008-09 Crisis in Turkey : Performance, Policy Responses and Challenges for Sustaining the Recovery
Rawdanowicz, Lukasz - 2010
Turkey is recovering from its most severe recession in several decades. The massive contraction in GDP is largely explained by the unprecedented collapse in foreign demand, which was aggravated in Turkey by negative confidence effects and structural problems with competitiveness prior to the...
Persistent link: https://www.econbiz.de/10012446874
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Slowdown and Crisis in the Indian Economy - A Study of the Macroeconomic Developments between the Global Financial Crisis and the COVID-19 Crisis (2011-12 to 2019-20)
Morris, Sebastian - 2020
In this paper we bring out the performance of the Indian economy, and review the approach of macroeconomic policy especially demand management in the Indian economy. After the shock of the Global Financial Crisis (GFC), India’s economy did not dip much due to the well-directed fiscal stimulus...
Persistent link: https://www.econbiz.de/10014090181
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Integration, spurious convergence, and financial fragility : a post-Keynesian interpretation of the Spanish crisis
Pérez Caldentey, Esteban; Vernengo, Matías - 2015
originated from the financial convergence that followed adoption of the euro. …
Persistent link: https://www.econbiz.de/10011349393
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Economic and political challenges af acceding to the euro zone area : the case of Poland
Woźniak, Przemysław - 2010
The paper examines economic and political challenges of joining the euro area in the case of Poland. After reviewing … the economic developments since the pre-accession period and assessing economic convergence with the euro area the paper … focuses on the political and institutional challenges of acceding to the euro zone. Special attention is given to the effect …
Persistent link: https://www.econbiz.de/10008655712
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Further austerity and wage cuts will worsen the euro crisis
Andini, Corrado; Cabral, Ricardo - 2012
This note argues that the solutions to the euro-area crisis proposed by the EU governing institutions in cooperation …
Persistent link: https://www.econbiz.de/10009500683
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The global crisis and the remedial actions : a nonmainstream perspective
Sen, Sunanda - 2011
The global financial crisis has now spread across multiple countries and sectors, affecting both financial and real spheres in the advanced as well as the developing economies. This has been caused by policies based on "rational expectation" models that advocate deregulated finance, with...
Persistent link: https://www.econbiz.de/10009269425
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Financial stress and economic activity in Germany and the Euro Area
Roye, Björn van - 2011
variables. Therefore, I derive a financial market stress indicator (FMSI) for Germany and the Euro Area using a dynamic … about 30 percent in the Euro Area. I show that the inclusion of the indicator significantly improves out …
Persistent link: https://www.econbiz.de/10009382999
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The Global Crisis and the Remedial Actions : A Nonmainstream Perspective
Sen, Sunanda - 2011
The global financial crisis has now spread across multiple countries and sectors, affecting both financial and real spheres in the advanced as well as the developing economies. This has been caused by policies based on “rational expectation” models that advocate deregulated finance, with...
Persistent link: https://www.econbiz.de/10013122313