Narrow search
Showing 1 - 10 of 202
Cover Image
China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
Cover Image
The Process of Economic and Institutional Convergence of Central and Eastern European Countries
Prisecaru, Petre - In: Revista de Economie Mondiala / The Journal of Global … 5 (2013) 4
In this article it is investigated the subject of real convergence of Central and Eastern European countries on the … basis of some theories and models used in the analysis of this process, also the effects of recent crisis upon convergence …, the latest results of real convergence and the deficiencies of policies and governance in this field. It is presented EU …
Persistent link: https://www.econbiz.de/10010878475
Cover Image
The Process of Economic and Institutional Convergence of Central and Eastern European Countries
Prisecaru, Petre - In: Revista de Economie Mondiala / The Journal of Global … 5 (2013) 4
In this article it is investigated the subject of real convergence of Central and Eastern European countries on the … basis of some theories and models used in the analysis of this process, also the effects of recent crisis upon convergence …, the latest results of real convergence and the deficiencies of policies and governance in this field. It is presented EU …
Persistent link: https://www.econbiz.de/10010752204
Cover Image
Public investment a key prerequisite for private sector activity
Clemens, Marius; Goerge, Marius; Michelsen, Claus - In: DIW Weekly Report 9 (2019) 31, pp. 255-261
Ten years after the 2008 financial crisis, in the euro area investment is still below the pre-crisis level. Public and private investment growth is so weak that capital per worker (capital intensity) has virtually remained constant. An increase in public investment activity could ultimately...
Persistent link: https://www.econbiz.de/10012042163
Cover Image
Do fiscal rules reduce public investment? Evidence from European regions
Mühlenweg, Leonard; Gerling, Lena - 2023
This paper analyses the impact of fiscal rules on different public spending categories, namely public expenditure and investment, at the subnational level in Europe. Building on the notion of the deficit bias, we suspect that in the presence of fiscal rules, politicians have an incentive to...
Persistent link: https://www.econbiz.de/10014317119
Cover Image
Shifting Europe from Austerity to Growth: A Proposed Investment Programme for 2012-2015
Griffith-Jones, Stephany; Kollatz-Ahnen, Matthias; … - In: Ensayos Económicos 1 (2012) 65-66, pp. 107-127
As economic performance has deteriorated in most European countries, EU public opinion and leaders have begun to stress with increased urgency the need for far greater emphasis on growth. Meaningful actions on a sufficient scale have however not yet been taken, although the recent approval by...
Persistent link: https://www.econbiz.de/10010603897
Cover Image
Do fiscal rules reduce public investment? : evidence from European regions
Mühlenweg, Leonard; Gerling, Lena - 2023
This paper analyses the impact of fiscal rules on different public spending categories, namely public expenditure and investment, at the subnational level in Europe. Building on the notion of the deficit bias, we suspect that in the presence of fiscal rules, politicians have an incentive to...
Persistent link: https://www.econbiz.de/10014314210
Cover Image
Financing transport infrastrucure projects in Italy: a critical analysis of the main approaches
Laurino, Antonio; Beria, Paolo; Grimaldi, Raffaele - Volkswirtschaftliche Fakultät, … - 2010
This paper aims at analysing the methodology used for financing large infrastructure projects in Italy. In particular, it focuses on the Italian highway sector, where in the last years many projects have been launched using new financial instruments. The paper discusses three of these...
Persistent link: https://www.econbiz.de/10008866116
Cover Image
Linking public investment to private investment.
López, Diego Martínez - Centro de Estudios Andaluces, Government of Andalusia - 2005
Literature describes a positive effect of public investment on private capital accumulation. This paper seeks to provide new empirical evidence on this latter relationship for the case of Spanish regions over period 1965-1997. We use a crowding-out theoretical framework and panel data...
Persistent link: https://www.econbiz.de/10005121289
Cover Image
The sustainability of South African fiscal policy
Burger, Philippe - 2024
The public-debt-to-GDP ratio in South Africa increased from 26 per cent in the 2008/09 fiscal year to 73.9 per cent in 2023/24, raising fears that fiscal policy is not sustainable. This raises the question: did the government take steps to arrest the increase in the debt-to-GDP ratio and regain...
Persistent link: https://www.econbiz.de/10015076339