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Public debt has increased sharply during the financial and economic crisis. The European stability and growth pact … the one-sided fixation on public deficits and debt and aim to make sanctions more automatic and severe. Such a strategy … euro area. Not only public, but also private debt may ptentially destabilize the monetary union. Without a new focus of the …
Persistent link: https://www.econbiz.de/10010460622
Public debt has increased sharply during the financial and economic crisis. The European stability and growth pact … the one-sided fixation on public deficits and debt and aim to make sanctions more automatic and severe. Such a strategy … euro area. Not only public, but also private debt may ptentially destabilize the monetary union. Without a new focus of the …
Persistent link: https://www.econbiz.de/10010460623
Die europäischen Fiskalregeln - wichtiger Eckpfeiler der Wirtschafts- und Währungsunion - stehen in der Kritik und sollen reformiert werden. Einerseits wird argumentiert, dass sie zu restriktiv und angesichts eines steigenden öffentlichen Investitionsbedarfes nicht mehr zeitgemäß seien....
Persistent link: https://www.econbiz.de/10014438378
This paper traces the transformation of the monetary architecture and concomitant sovereign debt issuance practices in … between states' treasuries, central banks, and the private banking system in matters of sovereign debt issuance. It discusses … issuance and management of sovereign debt, even before central banks and treasuries in the modern sense had formed. This is …
Persistent link: https://www.econbiz.de/10014326669
Climate change has both immediate and long-term consequences on the debt trajectories of developing countries. Their …
Persistent link: https://www.econbiz.de/10014343631
The objective of the Chair in International Architecture of Development Finance (IADF) is to "reflect independently about what the global development finance system should become in light of the current international situation and the lessons learned from the experience of the past 60 years."...
Persistent link: https://www.econbiz.de/10014343632
exchange transactions, issuance of debt and payment clearance, the dollar's share has not suffered a decline. To reform the …
Persistent link: https://www.econbiz.de/10014374792
This report explores the relationship between oil and gas dependency and a country's debt burden, where repayments are … government debt. By better understanding these links, it is possible to identify ways for countries to break the cycle of … reliance on oil and gas exports and increasing debt burdens, and to plan for a timely and just energy transition that is …
Persistent link: https://www.econbiz.de/10014435484
. Interest rate fixation periods are shorter in Denmark, debt turnover is higher and Danish households have more debt. Thus, the …
Persistent link: https://www.econbiz.de/10014551617
Operating costs in the Norwegian banking sector have been reduced considerably in recent decades, both as a share of …, I analyse how costs have been reduced and the main drivers of the cost efficiency improvement. The results suggest that …
Persistent link: https://www.econbiz.de/10012661599