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started in 2008 feeds a political and academic debate not so deeply developed since the great crisis of the ‘30s. More Euro … or less Euro? More market or less market? More State or less State? Did the expansionary austerity fail, or did it create … risk of implosion of the Euro currency, isn’t it better to manage an exit strategy from the Euro “on the leftâ€, rather …
Persistent link: https://www.econbiz.de/10011134441
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
The recent European economic crisis has dramatically exposed the failures of the various institutional mechanisms in place to maintain economic stability in Europe, and has unveiled the difficulty in achieving international coordination on fiscal and financial stability policies. Drawing on the...
Persistent link: https://www.econbiz.de/10013085690
The economic tradition of ordoliberalism, understood as the theoretical and policy ideas of the Freiburg School, emerged in 1930s and 1940s Germany. In the years thereafter, it was quickly superseded by Keynesianism and other theories imported from the English-speaking world. The crisis in...
Persistent link: https://www.econbiz.de/10013475168
The economic tradition of ordoliberalism, understood as the theoretical and policy ideas of the Freiburg School, emerged in 1930s and 1940s Germany. In the years thereafter, it was quickly superseded by Keynesianism and other theories imported from the English-speaking world. The crisis in...
Persistent link: https://www.econbiz.de/10013471530
illustrated with examples that include tax policy, government spending, the euro, globalization, and the neoliberal policy …
Persistent link: https://www.econbiz.de/10011669507
dialed up or down, depending on the economy's state. Lock-in policy is illustrated by the euro, globalization, and the …
Persistent link: https://www.econbiz.de/10011572435
ways and means by which European integration unfolds. The quasi-authoritarian emergency politics deployed in the euro …
Persistent link: https://www.econbiz.de/10011590677
" the institutional failures on which the Euro and the Eurozone are built, strengthens them and further weakens the …
Persistent link: https://www.econbiz.de/10010459672
Persistent link: https://www.econbiz.de/10011326179