Showing 1 - 7 of 7
We consider the real life implementation of some key elements of the new economic governance framework for the euro area. The main findings are the following. The Country Specific Recommendations issued in the context of the European Semester seem to be too little ‘specific’ to constrain...
Persistent link: https://www.econbiz.de/10012037645
This report investigates the impact of trade structure and trade specialization on long-run development patterns in a heterogeneous set of countries, including most OECD countries, developing and rapidly industrializing Asian and Latin American countries as well as ten Central and Eastern...
Persistent link: https://www.econbiz.de/10012100031
resources were actually spent. The study estimates that macroeconomic spillovers significantly contribute to the impact of CP …. Spillovers directed to EU countries represent around 9% of the total annual CP expenditure. Other spillovers to Non-EU countries … are around 8% of the CP expenditure. Macro and micro spillovers together arrive at 21% of the annual CP expenditure, 67 …
Persistent link: https://www.econbiz.de/10012100173
-industry spillovers. The effect is estimated to be twice as high within the foreign owned industrial communities as compared to the cross …
Persistent link: https://www.econbiz.de/10011430827
In view of increasing geopolitical tensions, the economic consequences and costs of wars on the global economy are increasingly coming into focus. In their Kiel Policy Brief, the authors examine the costs of more than 150 wars since 1870. In the immediate theaters of war alone, real GDP falls by...
Persistent link: https://www.econbiz.de/10014476432
suggests that the spillovers to the euro area would be limited in the case of a modest slowdown in China's GDP growth, but … significant in the case of a sharp downturn. Sensitivity analysis underscores that the spillovers are dependent on the strengths …
Persistent link: https://www.econbiz.de/10011804709
This study investigates the determinants of FDI in Austria, as well as their spillovers to innovating technologies …-secondary nontertiary education. The study also finds that there are positive spillovers of FDI to the domestic economy, which are strongest …
Persistent link: https://www.econbiz.de/10014374268