Ausgelöst durch das Zusammentreffen niedriger Zinsen in reichen Ländern und einem hohen Finanzierungsbedarf für Infrastruktur in vielen ärmeren Ländern befindet sich die Verschuldung der Länder des Globalen Südens seit Jahren auf einem dramatisch hohen Niveau. Hohe Schuldendienstzahlungen...

The rapid increase in the government debt under the circumstances of the global crisis persistence and financial markets volatility raises the need for a new approach of public debt sustainability, including for Romania. Despite more intense contagion effects according to global markets...

In the case of Romania, a sharp deterioration of the fiscal framework strength has been observed during post-crisis period, the public debt-to-GDP ratio currently reaching around 40%, thus doubling as compared to 2008. The structural analysis of government debt portfolio highlighted the main...

Increasing innovation among the European Union (EU) countries became a primary concern, as it can contribute to higher competitiveness, generate new business opportunities, and promote the achievement of the sustainable development goals. This paper aims to examine the extent to which the EU...

Ausgelöst durch das Zusammentreffen niedriger Zinsen in reichen Ländern und einem hohen Finanzierungsbedarf für Infrastruktur in vielen ärmeren Ländern befindet sich die Verschuldung der Länder des Globalen Südens seit Jahren auf einem dramatisch hohen Niveau. Hohe Schuldendienstzahlungen...

The objective of this paper, which synthesizes various researches, is twofold. First, starting from empirical studies, we show that development policies implemented since the beginning of the international debt crisis of 1982 led to a failure, showing that the Washington consensus based approach...

The paper investigates the long-run relationship between commerce intensity and a measure of sustainable development for ten ex-communist countries that have recently joined the EU. The originality of this paper consists in applying the co-integration testing techniques for panel data regarding...

The objective of this paper, which synthesizes various researches, is twofold. First, starting from empirical studies, we show that development policies implemented since the beginning of the international debt crisis of 1982 led to a failure, showing that the Washington consensus based approach...