Narrow search
Showing 1 - 10 of 305
Cover Image
The effects of migration and remittances in rural Moldova
Hristev, Eugene; Mincu, Georgeta; Sandu, Maya; … - 2009
investment increasing the future competitiveness. In rural areas remittances are much more often used to improve the quality of …Remittances in Moldova reach 36% of GDP, hence they constitute an essential part of the Moldovan economy. The most … visible characteristic of remittances is their unequal distribution. The analysis applying the standard Lorenz Curve proves …
Persistent link: https://www.econbiz.de/10011430831
Cover Image
China's economic growth and rebalancing
Dorrucci, Ettore; Pula, Gabor; Santabárbara, Daniel - 2013
In this paper we provide an overview of the growth model in China and its prospects, taking a medium-run to long-run perspective. Our main conclusions are as follows. First, the still prevailing producer-biased model of managed capitalism in China tends to engender, as an inherent byproduct,...
Persistent link: https://www.econbiz.de/10011606294
Cover Image
Foreign demand for euro banknotes
Lalouette, Laure; Zamora-Pérez, Alejandro; Rusu, Codruta; … - 2021
In order to understand why there is a continuous increase in euro banknote circulation even though the use of cash for transactions is decreasing in the euro area - a phenomenon known as the paradox of banknotes - the members of the Overseas workstream of the Eurosystem Research Network on Cash...
Persistent link: https://www.econbiz.de/10012521157
Cover Image
Economic Convergence in South-Eastern Europe: Will the Financial Sector deliver?
Watson, Max; Herzberg, Valerie - 2007
guaranteed. It depends on a favourable investment climate. Otherwise a normal expansion of household borrowing and housing … investment might not be balanced by rising financial support for the traded goods sector, implying weak foundations for sustained … growth. EU Accession - with its potential for trade and investment integration, and an acquis-based strengthening of …
Persistent link: https://www.econbiz.de/10011689929
Cover Image
The international monetary system after the financial crisis
Dorrucci, Ettore; McKay, Julie - 2011
The main strength of today’s international monetary system – its flexibility and adaptability to the different needs of its users – can also become its weakness, as it may contribute to unsustainable growth models and imbalances. The global financial crisis has shown that the system cannot...
Persistent link: https://www.econbiz.de/10011606275
Cover Image
Die Rolle der Banken bei der Transformation von Finanz- in Sachkapital: Studie im Auftrag des Staatssekretariats für Wirtschaft SECO, Direktion für Wirtschaftspolitik, DPWW
Abrahamsen, Yngve; Dibiasi, Andreas; Drechsel, Dirk; … - 2013
Durch Bereitstellung von Krediten tragen Banken zur Transformation von Finanzkapital in Sachkapital bei. Die Kreditvergabepolitik der Schweizer Banken hat sich im vergangenen Vierteljahrhundert stark gewandelt. Basierend auf einem Datensatz (1987-2012) mit bankengruppenspezifischen Bilanzdaten...
Persistent link: https://www.econbiz.de/10011386830
Cover Image
ECB economy-wide climate stress test: Methodology and results
Alogoskoufis, Spyros; Dunz, Nepomuk; Emambakhsh, Tina; … - 2021
Climate change is one of the greatest challenges facing humankind this century. If left unchecked, it is likely to result in more frequent and severe climatic events, with the potential to cause substantial disruption to our economies, businesses and livelihoods in the coming decades. Yet the...
Persistent link: https://www.econbiz.de/10012661663
Cover Image
The road to Paris: Stress testing the transition towards a net-zero economy. The energy transition through the lens of the second ECB economy-wide climate stress test
Emambakhsh, Tina; Fuchs, Maximilian; Kördel, Simon; … - 2023
, differing in the timing and level of ambition of emission reductions, and quantifies the associated investment needs, economic …
Persistent link: https://www.econbiz.de/10014374752
Cover Image
The impact of the global financial turmoil and recession on Mediterranean countries’ economies
Sturm, Michael; Sauter, Nicolas - 2010
revenues, tourism receipts, remittances and foreign direct investment (FDI) inflows, with the drop in exports so far appearing …
Persistent link: https://www.econbiz.de/10011606270
Cover Image
Fair value accounting and financial stability
Enria, Andrea; Cappiello, Lorenzo; Dierick, Frank; … - 2004
Accounting standard setters are considering the wider use of fair value accounting. This paper focuses on the financial stability implications of a move in the banking sector from the current accounting framework to full fair value accounting. A simulation exercise is performed on how various...
Persistent link: https://www.econbiz.de/10011606165