Similar Search Results

National and Regional Solutions to Global Challenges Problems of Monetary Policies and Regional Monetary Cooperation in East Asia and the European Union

Kalinowski, Thomas - 2012

euro in 1999 were initially both very successful solutions. The European integration process and the economic rise of the …, however, have encountered problems since the 1997/98 Asian Financial Crisis and the ongoing euro crisis since 2010. 2. Since … (EMU) have become apparent. The notion that the introduction of the euro and fiscal discipline alone would lead to economic …

Persistent link: https://www.econbiz.de/10014163943

Economic Aspects of the Social Contract of the XXI Century

Shumskaya, Katharina - 2021

It is clear that some of the fundamental principles of the modern economic model have changed significantly over the past decades: the number of jobs with average skills is declining, and only the owners of capital receive high incomes.Technologies by themselves do not have predetermined results...

Persistent link: https://www.econbiz.de/10013224601

Networks and Long-Term Cultural Change : How Communities Scale into Civilizations

Root, Hilton L. - 2021

I analyze structure and function in the network design of historical regimes of China and Western Europe to build a theory for the development of societies and states from endogenous mechanisms of social change. I show how their respective network structures evolved independently but share a...

Persistent link: https://www.econbiz.de/10013225069

The Modern Social Contract : Prerequisites for Renewal

Shumskaya, Katharina - 2021

The modern social contract requires revision and updating on a number of points. The reasons can be broadly divided into three groups: economic, political and security issues. The authors investigate economic reasons, which include: the lack of an equitable distribution of the benefits of...

Persistent link: https://www.econbiz.de/10013225502

Religion and the Great Divergence of East and West : The Persistent Effects of Networks of Church and State in the Economic History of China and Europe

Root, Hilton L. - 2022

Networks of Church and State that originated in premodern times played an important role as conduits for the transmission of cultural values that have endured into the present and set the economic history of China apart from that of Europe. The imprints of those networks, which preceded the...

Persistent link: https://www.econbiz.de/10013295218

The Economic Development Complex in the Black Sea Area : The Impact of the Global Financial and Economic Crisis

Papava, Vladimer - 2012

Currently, the Black Sea Region1 is not as integrated economically as to allow one to outline some common development trends of all regional economies. The most of the region's nations (Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Moldova, Romania, Russia, Serbia, and Ukraine), except Greece...

Persistent link: https://www.econbiz.de/10013097446

Bread, peace and the attrition of power: Economic events and German election results

Batool, Irem; Sieg, Gernot - Department Wirtschaftswissenschaften, Technische … - 2009

Aggregate votes for incumbent parties in post-war Germany were determined by the weighted-average growth of real per capita disposable income. Each percentage point of per capita real disposable income growth sustained over the legislative term yielded approximately two percentage points of...

Persistent link: https://www.econbiz.de/10009369486

The Euro Crisis and contradictions of Neoliberalism in Europe

Stockhammer, Engelbert - Post Keynesian Economics Study Group - PKSG - 2014

Neoliberalism has not given rise to a sustained profit-led growth process, but to a finance-dominated accumulation regime in which growth relies either on financial bubbles and rising household debt (‘debt-driven growth’) or on net exports (‘export-driven growth’). The financial crisis...

Persistent link: https://www.econbiz.de/10010732202

Fiscal Rules and Discretion under Persistent Shocks

Yared, Pierre; Halac, Marina - National Bureau of Economic Research (NBER) - 2012

This paper studies the optimal level of discretion in policymaking. We consider a fiscal policy model where the government has time-inconsistent preferences with a present-bias towards public spending. The government chooses a fiscal rule to trade off its desire to commit to not overspend...

Persistent link: https://www.econbiz.de/10010821855

Bread, peace and the attrition of power: Economic events and German election results

Batool, Irem; Sieg, Gernot - 2009

Persistent link: https://www.econbiz.de/10010307164