Similar Search Results

The euro crisis and economic growth : a novel counterfactual approach

Terzi, Alessio - 2019 - This Draft: 25 June 2019

Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have …

Persistent link: https://www.econbiz.de/10012033212

The Euro Crisis and Economic Growth : A Novel Counterfactual Approach

Terzi, Alessio - 2019

Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have …

Persistent link: https://www.econbiz.de/10012866042

Regional integration and the euro crisis : problems and solutions

Pessoa, Argentino - 2013

example has been cruelly shaken by the EZ (Euro Zone) crisis, originating increasing doubts about the integration process. It … economic policy. Given the enormous private and public debt accumulated in periphery after the single currency inception, and … the crisis, instead of solve it. Such solutions are unlikely to reduce both sovereign and external debt ratios of …

Persistent link: https://www.econbiz.de/10011515832

Chapter 65. Financial Globalization and Economic Policies

Kose, M. Ayhan; Prasad, Eswar; Rogoff, Kenneth; Wei, … - In: Handbook of development economics : volume 5, (pp. 4283-4359). 2010

We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality, and trade openness appear to help...

Persistent link: https://www.econbiz.de/10014025737

Strengthening economic resilience : insights from the post-1970 record of severe recessions and financial crises

Caldera Sánchez, Aida; De Serres, Alain; Gori, Filippo; … - 2016

Considering the deep and long-lasting impact of severe recessions, such as the 2008-09 financial crisis, it is important that measures be taken to minimise the risk of such event. But in doing so the benefits need to be balanced against the potential costs in terms of lower average growth that...

Persistent link: https://www.econbiz.de/10011695147

The Global Economic Polycrisis and the Korean Economy

Kang, Duyong - 2023

uncertainties stemming from soaring interest rates amid record highs in debt. On the other hand, the intensifying US-China rivalry …

Persistent link: https://www.econbiz.de/10014257291

The Global Financial Crisis and its Impact on Emerging Market Economies in Europe and the CIS : Evidence from Mid-2010

Dabrowski, Marek - 2010

smaller output decline than the Euro area and the entire EU while the CIS, especially its European part, contracted more …

Persistent link: https://www.econbiz.de/10013137442

What Makes Developing Asia Resilient in a Financially Globalized World?

Ito, Hiro - 2010

The pullbacks of capital inflows to developing Asia following the onset of the global financial crisis in 2008 have brought renewed attention to the role and benefits of financial globalization. A number of notable distinctions between the current global crisis and the Asian financial crisis...

Persistent link: https://www.econbiz.de/10013142096

Skewed Credit and Growth Dynamics after the Global Financial Crisis

Estrada, Gemma Bolotaulo - 2019

A large empirical literature finds that financial development is beneficial for economic growth, although some recent evidence suggests otherwise. We contribute to the finance–growth literature by examining the role of credit growth skewness and long-run growth. Earlier literature found that...

Persistent link: https://www.econbiz.de/10012892028

Understanding the Crisis in Emerging Europe

Berglöf, Erik - 2010

Despite the large output declines suffered by emerging Europe in 2008-09, a major currency and banking crisis was avoided. This paper argues that European economic and political integration was a mitigating factor in this. Cross-border banking groups, in particular, seem to have forestalled a...

Persistent link: https://www.econbiz.de/10013148962