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The article compares changes in the European Works Councils (EWCs) at Ford and General Motors Europe during the financial and economic crisis. Previously, both were highly active and effective. Although both otherwise displayed quite different characteristics before the crisis, their reactions...
Persistent link: https://www.econbiz.de/10011789231
The purpose of this article is to offer an explanation of the predominance of austerity policies in Europe based on distinct crisis narratives and their underlying market metaphors in the discourse profile of German Chancellor Angela Merkel. The methodological approach is a combined discourse...
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In this paper we analyse the effects of financialisation on income distribution, before and after the Great Financial Crisis and the Great Recession. The focus is on functional income distribution and thus on the relationship between financialisation and the wage share or the gross profit share....
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Slovakia has realised several reforms after year 2000. One of the first reforms was restructuring of banking sector at the level of commercial banks and central bank, too. General conditions were harmonised with European standards. Stabilised and sound bank sector enabled application of other...
Persistent link: https://www.econbiz.de/10010969108
In the article the author comprehends the lessons of the crisis persisting in his idea that the basic lesson is the total collapse of neoliberal model of development of market economy which advocated its self-regulation with reduction of state interference. It has been shown that the established...
Persistent link: https://www.econbiz.de/10010855932
Turmoil that affected the financial markets and the global economy since 2008 have generated a series of debates in terms of the economic theory's ability to find answers to the new problems. Among others, the crisis has triggered, at the ideological level, a lively debate about the markets`...
Persistent link: https://www.econbiz.de/10010857185