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of protest events organized by left SMOs in the Czech Republic between 2000 and 2010 (N=668). We integrate protest event …
Persistent link: https://www.econbiz.de/10010897751
imposition of intense austerity program. We provide empirical evidence for these two effects. We argue that contrary to what was …
Persistent link: https://www.econbiz.de/10010786712
Ireland has been taken to be an exemplary case of successful growth-promoting fiscal retrenchment, not once but twice – first, in the fiscal consolidation undertaken in the late 1980s, which was taken as one of the classic original instances of ‘expansionary fiscal contraction’, and again...
Persistent link: https://www.econbiz.de/10010699656
large bail out programs for commercial banks. Besides the reform of EU economic governance, austerity policies were imposed …, adopting austerity and structural economic reforms programs. Fiscal consolidation had a very negative social and economic …
Persistent link: https://www.econbiz.de/10010700077
In recent years the global economy has been facing a very severe economic and financial crisis. The leading economies of the world are going through a period of deep recession. The aim of this article is to emphasize the causes of the current crisis as well as the measures taken to counteract...
Persistent link: https://www.econbiz.de/10010700644
Depression and World War II. The article tries to give an impression of the extraordinary degree of fiscal austerity and the …
Persistent link: https://www.econbiz.de/10010701878
This paper investigates the relevance of the No-Ponzi game condition for public debt (i.e. the public debt growth rates has to be lower than the real interest rate, a necessary assumption for Ricardian equivalence) and of the transversality condition for the GDP growth rate (i.e. the GDP growth...
Persistent link: https://www.econbiz.de/10011025565
This paper investigates the relevance of the No-Ponzi game condition for public debt (i.e. the public debt growth rate has to be lower than the real interest rate, a necessary assumption for Ricardian equivalence) and of the transversality condition for the GDP growth rate (i.e. the GDP growth...
Persistent link: https://www.econbiz.de/10011026215
austerity measures and public expenditure reductions in family support and children's services, and its revisions of family … ideological influences on the Coalition's social policies and the primacy of its austerity programme and welfare state reform …
Persistent link: https://www.econbiz.de/10014852781
/methodology/approach – This is an opinion column. Findings – The 2012 presidential election is almost sure to result in more of an austerity … approach to the economy – and the level of that austerity may actually be greater under a re‐elected Obama than under a new … President Romney. Practical implications – Decision makers and strategists should be prepared for more of an austerity approach …
Persistent link: https://www.econbiz.de/10014845368