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The report focuses on the relative macroeconomic performance since the global financial crisis of six Northern European countries with a special emphasis on Finland. While fiscal and monetary policies have definitely impacted on macroeconomic outcomes in the six countries examined, as a whole...
Persistent link: https://www.econbiz.de/10012037669
Twenty-five years after the dissolution of the Soviet Union, Belarus stands out as a special case in transition blending, on the one hand, signs of relative prosperity, socially oriented policies and sprouts of entrepreneurships and, on the other hand, remnants of the communist past. The core of...
Persistent link: https://www.econbiz.de/10012100149
The study analyses the dynamics and the structure of Ukraine's public finances. It assesses the medium-term impact of fiscal austerity 2014-2016, examines fiscal sustainability and estimates further fiscal adjustment efforts. It evaluates the economic and social implications of current fiscal...
Persistent link: https://www.econbiz.de/10012100153
This report gives an overview of patterns of structural change in Central and Eastern European economies over the decade 1989-1999. The analysis in this paper is restricted to a sub-sample of transition economies, namely the countries of Central and Eastern Europe (CEECs) - with the exception of...
Persistent link: https://www.econbiz.de/10012100007
This paper looks at the experience of South East Europe which -- for the purposes of this paper -- includes the former states of Yugoslavia except for Slovenia (i.e. Croatia, Serbia-Montenegro, Bosnia-Herzegovina, and Macedonia), Albania, and the two EU candidate countries, Bulgaria and Romania....
Persistent link: https://www.econbiz.de/10012100032
We design and conduct large-scale surveys and experiments in eleven European countries to examine the effect of the COVID-19 pandemic on social trust, reciprocity, solidarity as well as institutional trust. Using incentivized outcome questions on trust and solidarity towards fellow citizens,...
Persistent link: https://www.econbiz.de/10012505197
Confidence dropped universally across countries and sectors during the height of the COVID-19 pandemic in Europe …. Latest survey data suggest that confidence is on track for a v-shaped recovery. The swift implementation of stringent … well with both the drop and recovery of confidence across countries. …
Persistent link: https://www.econbiz.de/10012260010
government ideology and elections influence outcomes (income inequality and budget consolidation) and political processes (fiscal … government ideology and globalization were associated with top income shares in OECD countries. The fourth study shows that … brake. The fifth study describes how government ideology and upcoming elections influenced fiscal planning in German states …
Persistent link: https://www.econbiz.de/10011698357
Generalisiertes Vertrauen in Mitmenschen ist gerade in Krisenzeiten wichtig. Wenn Vertrauen fehlt, sind Kontrollen und Sanktionen notwendig, die wiederum Transaktionskosten verursachen. Außerdem richten sich Kontrollmaßnahmen an alle Menschen, auch wenn nur wenige Fehlverhalten zeigen....
Persistent link: https://www.econbiz.de/10012303763
This paper first reviews a number of stylised facts concerning OECD country business cycles over the past four decades. In general, the amplitude of business cycles has fallen, driven mainly by declining fluctuations of domestic demand. As a result, international divergencies of cyclical...
Persistent link: https://www.econbiz.de/10011689904