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There is a significant pressure on Supreme Audit Institutions in Europe: shrinking available resources and growing expectations from its stakeholders (citizens, civil organizations, investors, governments etc.). In consequence of the financial and economic crisis and the unpredictable shocks,...
Persistent link: https://www.econbiz.de/10011259441
Switzerland and Austria, two small, open economies, have emerged fairly unscathed from the financial and economic crisis. Switzerland, above all, is notable for its relative stability. Domestic demand proved to be rather resilient, and in Switzerland, foreign trade performance also contributed...
Persistent link: https://www.econbiz.de/10009220122
The aim of this paper is to present and evaluate the theory and principles of economic policy applied before the 2008-2009 crisis1. Against this backdrop we will attempt to describe the evolution of targets and tools of economic policy in view of the experiences of recent years and the...
Persistent link: https://www.econbiz.de/10009322890
In this paper the euro crisis is viewed as the most recent episode of the crisis of finance-dominated capitalism. Therefore, two major features of finance-dominated capitalism, the increasing inequality of income distribution and the rising imbalances of current accounts, are analysed for a set...
Persistent link: https://www.econbiz.de/10009397198
The severity of the financial and economic crisis which started in 2007 cannot be understood without examining the medium- to long-run developments in the world economy since the early 1980s. The following long-run causes for the crisis can be identified: inefficient regulation of financial...
Persistent link: https://www.econbiz.de/10009643758
Economic recovery plans make up a important part of the wide-ranging package of measures that economic policy-makers worldwide have taken in response to the financial and economic crisis. More specifically, the EU Member States have either approved or announced fiscal measures to boost economic...
Persistent link: https://www.econbiz.de/10009367086
Globalization is an ongoing phenomenon and once we are aware of its proportions, the social, political and economic actors need to manage coordinated steps. As a consequence global world has to pay more attention to fiscal actions. Our paper aims to take stock of the fiscal problems caused by...
Persistent link: https://www.econbiz.de/10010550619
У статті робиться спроба дослідити роль держави в регулюванні економіки і, зокрема, конкретні кроки уряду України з подолання наслідків економічної кризи 2008-2009...
Persistent link: https://www.econbiz.de/10011234703
The economic and financial crisis produced a shock wave which was felt extremely violent, especially on emerging economies around the world, both within the real and the nominal economy. In this sense, labor market development, as an instrument of macroeconomic adjustment from the sphere of real...
Persistent link: https://www.econbiz.de/10010835580
The purpose of the paper is to discuss an application of econometric models for the Russian market of mergers and acquisitions, to raise the economic effectiveness of Russian companies’ integration policy, and to reveal the integration line in order to raise the competitiveness of the Russian...
Persistent link: https://www.econbiz.de/10010841049