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In the third quarter of 2020, the global economy rebounded strongly from the steep fall in output suffered in the first half of the year amid the covid-19 pandemic. Currently, the recovery is being slowed down by another wave of infections and policy measures to contain it, but on aggregate...
Persistent link: https://www.econbiz.de/10012392680
The world economy contracted by close to 10 percent in the first half of 2020 as the COVID-10 pandemic unfolded. After a 3 percent drop in activity in the first quarter, global output contacted by some 7 percent as governments around the world implemented measures to contain the virus and...
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This book examines the macroeconomic and regulatory impact of domestic and international shocks on the South African economy resulting from the 2009 financial crisis. It also assesses the impact of the US economy’s eventual recovery from the crisis and the prospect of higher US interest rates...
Persistent link: https://www.econbiz.de/10012398308
Convergence to the Centre -- Financial Markets: Banks Capital Markets -- Firm Size, Productivity, EU-Funds and Corruption -- Labour Markets: Structural Characteristics and the Impact of Two Crises -- Transport and Mobility -- Monetary, Macroprudential, and Fiscal Policy -- Green Economy: Energy,...
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The growth model perspective has provided avenues for bridging Comparative and International Political Economy, mainly with regard to the global financial crisis and developments within the Eurozone. This article aims to contribute to this endeavor by highlighting the joint effects of capital...
Persistent link: https://www.econbiz.de/10013475262
The growth model perspective has provided avenues for bridging comparative and international political economy, mainly regarding the Global Financial Crisis and developments within the eurozone. This article aims to contribute to this endeavor by highlighting the joint effects of capital flows...
Persistent link: https://www.econbiz.de/10014516140
Since the late 1990s, the United States has received large capital flows from developing countries and experienced a productivity growth slowdown. Motivated by these facts, we provide a model connecting international financial integration and global productivity growth. The key feature is that...
Persistent link: https://www.econbiz.de/10012167488