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considered. First, the need for a change in the economic policy concerning the recovery, from a supply-push to a demand …-pull orientation, supported on a fiscal and monetary policy mix, integrated within a comprehensive macroeconomic approach. Second, we … examine the need for a shift in external relations towards a more global integration-oriented policy, with the euro area …
Persistent link: https://www.econbiz.de/10012664767
This paper considers the primary challenges faced by the Eurozone and caused by the 2008+ crisis. It suggests that one should distinguish among institutional, conceptual (model/paradigm) and real economic challenges. As a factor that influences progress in other areas, the latter topic is a...
Persistent link: https://www.econbiz.de/10010436065
here primarily look at fiscal policy and sovereign risk perspectives, papers on the monetary policy and regulatory … Financing of the Economy: Monetary Policy and Regulatory Perspectives”. …
Persistent link: https://www.econbiz.de/10011689958
The European sovereign debt crisis has demonstrated the need for a rethinking of the European integration project. The strong variety between member countries prevented Eurozone to become a fiscal and political union and the asymmetric architecture of EMU revealed different weaknesses. The...
Persistent link: https://www.econbiz.de/10012692747
The paper aims to present the efforts of the two Member States of the European Union regarding the criteria for accession in the „select club” of the Eurozone, in the current economic environment, which is characterized by uncertainty and profound turbulences. The study has pointed out that,...
Persistent link: https://www.econbiz.de/10011258985
and Spain, indulged in excessive deficit spending, financially deregulated, and rapidly expanded credit. Policy responses …
Persistent link: https://www.econbiz.de/10014162032
. Instead, the bailout debate is better understood as a foreign policy issue that pits economic nationalist sentiments versus …
Persistent link: https://www.econbiz.de/10013091233
This paper considers the primary challenges faced by the Eurozone and caused by the 2008+ crisis. It suggests that one should distinguish among institutional, conceptual (model/paradigm) and real economic challenges. As a factor that influences progress in other areas, the latter topic is a...
Persistent link: https://www.econbiz.de/10013060822
the introduction of the economic policy instruments of investment wages and collective capital formation. The European … labour movement is thereby empowered, together with the European and national macro-economic policy institutions, to engage …
Persistent link: https://www.econbiz.de/10013113224
and Spain, indulged in excessive deficit spending, financially deregulated, and rapidly expanded credit. Policy responses …
Persistent link: https://www.econbiz.de/10009767592