The current global economic crisis is a nowadays problem, settled since 2007, the United States of America and extending worldwide since anul2008. This things has got the economy going unprepared. Therefore solutions must be found embedded in the current international economic context,...

The current European debt crisis is bringing to the fore well-defined cracks in the Eurozone’s construction. There are two possible scenarios for the future of the Eurozone: Either its members will have the collective will to roll back national sovereignty, or current plans for a European...

The global economic crisis has created new challenges for education systems all over the world. The Former Soviet Union countries were confronted with an urgent issue, not necessarily specifically related to the crisis: to formulate and introduce new educational curricula, standards, and...

This article analyses the impact of the economic crisis (including the increase in food prices) on the well-being of household in the Central African Republic, relying on both a quantitative analysis of the latest household survey available and a qualitative analysis through focus groups. Three...

Part I of this paper first presents information on trends and composition of social expenditure as in the OECD Social Expenditure database for the years 1980 – 2007. Over this period, public social expenditure as a percentage of GDP, on average across OECD, increased from 15.6% to 19.2%....

Using real time data from the OECD and fiscal policy reaction functions, this study explores euro area fiscal policies since the late 1990s. Both discretionary plans for the budget year and policy changes during budget implementation stages are investigated. The main focus is on the fiscal...

This article analyzes the impact of the economic crisis (rising food and oil prices and financial crisis) on the situation of households in Senegal using both a quantitative analysis of household survey data and a qualitative analysis from focus groups. Before the crisis, Senegal had experienced...

The current global economic crisis has led to greater prominence for the issue of strengthening social protection systems in Asia. This paper analyzes the key factors determining and the possible avenues for strengthening social protection systems in Asia. The choice of an appropriate...

This paper extends our previous paper (Aizenman, Chinn, and Ito 2008) and explores some of the unexplored questions. First, we examine the channels through which the trilemma policy configurations affect output volatility. Secondly, we investigate how trilemma policy configurations affect the...

The sharp decline in trade volume and value during the current economic crisis has contributed to lower transportation costs and reduced waiting times at border crossings, reducing the urgency of progress on trade facilitation. Meanwhile, greater trade is expected to play a key role in recovery,...