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While international human rights law promulgates that economic, social and cultural rights (economic rights) be supported just as fervently as civil and political rights, the reality is, they are not. The Greek debt crisis and resulting austerity measures demonstrate how a growing world economy...
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identification of a further control variable affecting stock performances: corruption. The goal of this study is an enquiry about the … connections between European industrial stock returns and a macroeconomic index of corruption in order to assess the impact of … corruption in the performances of listed European industrial companies. This paper is organized as follows: the first paragraph …
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Public sector corruption affects economic and financial outcomes, such as GDP growth, foreign direct investment, and … government funding costs. Less is known about the spillovers from perceptions of public sector corruption on the private sector … corporate bond market. In this paper, we assess the role of public sector corruption perception on corporate bond market …
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contrary, under corruption, we show that bailouts are ineffective unless rent-seeking groups are eradicated …
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This paper analyses Greek fiscal sustainability from a retrospective and a prospective view. Implications of Greek fiscal (un)sustainability are discussed. In the empirical analysis econometric testing of Greek government solvency during the period 1985-2008 is combined with a scenario analysis...
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