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dialed up or down, depending on the economy's state. Lock-in policy is illustrated by the euro, globalization, and the …
Persistent link: https://www.econbiz.de/10011572435
The economic tradition of ordoliberalism, understood as the theoretical and policy ideas of the Freiburg School, emerged in 1930s and 1940s Germany. In the years thereafter, it was quickly superseded by Keynesianism and other theories imported from the English-speaking world. The crisis in...
Persistent link: https://www.econbiz.de/10013471530
Persistent link: https://www.econbiz.de/10010459672
This paper sets out to explain the factors behind Ireland's exceptional period of economic growth from the early 1990s to the mid 2000s. It suggests that an unbending commitment to economic openness and an on-going effort to establish quality domestic institutions were the main drivers of the...
Persistent link: https://www.econbiz.de/10003845122
problems were threatening to spread to other countries within the euro area, with potential negative repercussions for the euro …
Persistent link: https://www.econbiz.de/10011706561
Building on a model that integrates reforms into exogenous and endogenous growth models, this paper designs an econometric model of the interplay between economic reform measures, political decisions and economic performance. Several key hypotheses about transition are tested using two-stage...
Persistent link: https://www.econbiz.de/10011568721
This paper attempts to clarify how the European economic crisis from 2007 onwards can be understood from the perspective of a Marxian monetary theory of value that emphasizes in-trinsic, structural flaws regarding capitalist reproduction. Chapter two provides an empirical description of the...
Persistent link: https://www.econbiz.de/10012063855
Euroscepticism and the rise of populist parties have often been linked to economic insecurity. This paper identifies regional employment changes as causal factors for forming attitudes towards the European Union and voting for eurosceptic parties in European Parliament elections. To do so, I...
Persistent link: https://www.econbiz.de/10011857561
common currency - the euro - was at best minimal.This paper aims to show that, contrary to conventional wisdom, the crisis in … Europe is the result of an imbalance between core and noncore countries that is inherent in the euro economic model …
Persistent link: https://www.econbiz.de/10009407149
originated from the financial convergence that followed adoption of the euro. …
Persistent link: https://www.econbiz.de/10011349393