This paper aims to provide an analysis of the interaction between human, economic and social development in Romania, in the period 2010-2019. To facilitate the examination of the human development, I have used the human development index and its components, while the economic development has...

The paper deals with the relationship between public spending and growth as well as the dynamics of the ratio of public debt to GDP. The authors show that a composition of public spending that favors productive expenditures, that is, those with a direct positive effect on the economy's long-run...

One of the most interesting facts about the growth of developed nations, especially of the US growth, in the last three decades is significant growth of the ratio of the wage of skilled labor to that of unskilled labor. At the same time, existing evidence seems to suggest that the ratio of the...

Initially triggered in the USA and generated by the chaos in the financial system of the country, the economic crisis has spread in Europe and, thanks to globalization, as a domino effect has spread around the world. Although the first part of 2008 South East Europe has lived with the belief...

Previous literature on the impact of the application of artificial intelligence in businesses on economic growth, welfare, and social disparities is scarce, due to limited data and the recent dynamics of the field. To contribute to this gap, the study employs the percentage of large enterprises...

This study presents empirical evidence about the determinants of long-term government bond yields for 19 economies of the European Monetary Union (EMU) over the period 1995-2018 within a multivariate panel framework. The fixed effects estimators reveal that the relationship between public debt...

Nigeria has been a federation before 1963. This was expected to foster speedy growth and development, but military interferences seem to have bedevil this dream. However, an uninterrupted democracy for about 20 years should have produced a significant result, but not much has changed. Many have...

Using annual data over the period 1980–2014, this paper attempts to provide an answer to the question of whether fiscal consolidation promotes growth and employment in the context of the PIIGGS countries (Portugal, Ireland, Italy, Greece, Great Britain, and Spain) by using the Bootstrap...

Die Debatte um Konsolidierung im Euroraum wird von der Frage dominiert, ob Konsolidierung dem Wachstum schadet. Der Beitrag gibt einen kurzen Überblick zum Diskussionsstand über die Zusammenhänge zwischen Konsolidierung und Wachstum. Darüber hinaus werden gängige Forderungen analysiert, die...