International narratives on Argentina's recovery from the crisis of 2001-02 tend to emphasize the role of rising commodity prices and growing demand from China. Argentina is said to have been 'lucky', saved by global demand for its agricultural exports. The international narrative has also been...

It is already a well known fact that public-private partnerships (PPPs) are considered to be a solution for world wide governments facing insufficient public budgets. In the context of the current economic crisis, many voices promote public-private part

Welfare-state European model has been profoundly affected by the economic crisis. In this context, most of the EU member states decided to respond by undertaking short run policy measures. Government spending has been extended in order to create new jobs and to stimulate economic recovery. The...

In recent years tourism industry has become an area of high importance in the European economy, the rate of job creation in this sector exceeded the overall average in the EU. For these reasons it is considered that the tourist industry has an important role in achieving the objectives set by...

What began as a global financial crisis has truly become a virulent global economic crisis. The credit crunch that has clogged the arteries of the world financial system has now caused an economic meltdown of global proportions. Several financial experts and economists have warned that the world...

The paper examines recent episodes of government involvement in corporate debt restructurings. It argues that corporate debt restructuring is an important step toward recovery from a financial crisis. We then discuss the rationale for, and modalities of, the state intervention in corporate debt...

Even European Union was considered a strong institution, US crisis covered the european area. All 27 countries UE members are involved in a hard work related to euro aria future and meanwhile in stability strategy. Concerning economic dimension of crisis gouvernments found out how vulnerable...

The Republic of Croatia becomes a full member of the European Union on 1 July 2013. That goal was set more than two decades ago. To some extent it was delayed by social and political circumstances and also because of the slow process in adapting to the legal requirements of the European Union....

Though the global financial crisis hit Russia’s economy harder than many other emerging markets, the situation in both Russia’s real and financial sector stabilized as early as in the first half of 2009. However, the exit strategy chosen by the Russian authorities lacked any specific...