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Extensive prior research on the economics of European monetary union highlighted some potential risks (the known unknowns) but overlooked others (the unknown unknowns). Asymmetries among participating countries, the potentially destabilising character of a one-size-fits all monetary policy, the...
Persistent link: https://www.econbiz.de/10010293580
Foreign direct investment (FDI) is one of the most ambiguous and the least understood concepts in international economics. Common debate on FDI is confounded by several myths regarding its nature and impact on capital accumulation, technological progress, industrialization and growth. It is...
Persistent link: https://www.econbiz.de/10012490837
The memo summarizes the design and use of the IMF's precautionary facilities since their introduction and discusses lessons and potential reform options. In particular, the framework for these facilities should be adjusted to address prolonged use at high access levels.
Persistent link: https://www.econbiz.de/10013326749
This occasional paper describes the monetary presentation of the euro area balance of payments and its use. The monetary presentation is a tool for assessing the impact of balance of payments transactions involving non-bank residents on monetary developments. The paper explains in detail the...
Persistent link: https://www.econbiz.de/10011606248
The separation of security and economic objectives in foreign policy, which was often sought in international political issues in the past, has outlived its usefulness. The transition to a more power-based order can be felt around the world. International economic instruments and agreements are...
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Die vorliegende Recherche wurde von der ÖSB-Unternehmensberatung Gesellschaft mbH in Wien in Kooperation mit dem Institut für Gewerbe- und Handelsforschung (ebenfalls Wien) im Kontext des Rahmenvertrages 2001/2002 'Internationale Recherchen', beauftragt vom Arbeitsmarktservice Österreich,...
Persistent link: https://www.econbiz.de/10010368728
Europa sieht sich mit einer demographischen Entwicklung konfrontiert, die den Prognosen zufolge die wirtschaftliche Wettbewerbsfähigkeit und den Erhalt der sozialen Standards gefährdet. Vor dem Hintergrund dieser Entwicklung beauftragte die Bundesgeschäftsstelle des AMS Österreich die ÖSB...
Persistent link: https://www.econbiz.de/10010368764