Russland treffen die Auswirkungen der internationalen Finanzkrise und fallender Energiepreise zu einem ungünstigen Zeitpunkt: In den kommenden zwei Jahren muss Russland internationale Kredite in erheblicher Höhe bedienen. Aktuell zeigt sich eine deutliche Abnahme der Währungsreserven sowie...

This study aims to explore the levels of regional disparity in carbon emissions and intensity among different countries. Our study employs the distribution dynamics approach to uncover transition probabilities and the long-term evolution of relative per capita carbon emissions (REPC) and...

This paper traces the growth trajectories of the Southern European economies (Greece, Italy, Portugal, and Spain) from the financial to the covid crisis. From a review of the comparative political economy literature focusing on Southern Europe, we derive three propositions regarding the growth...

This paper deals with the effectiveness of crisis management measures used by national authorities to tackle a systemic banking crisis. Quarterly panel dataset of 69 countries over the time span 1970 to 2023 was created and a total of 54 crisis periods were examined based on the identification...

Macroeconomic Theory and History -- Basic Macroeconomic Model -- Exogenous and Endogenous Fluctuations -- Exogenous and Endogenous Growth -- Asset Prices and Bubbles -- Credit Cycle -- Cash Payment and Inflation -- Complete and Incomplete Markets -- Liquidity Constraints -- Endogenously...