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A "stalling" economy has been defined as one that experiences a discrete deterioration in economic performance following a decline in its growth rate to below some threshold level. Previous efforts to identify stalls have focused primarily on the US economy, with the threshold level being chosen...
Persistent link: https://www.econbiz.de/10009735507
2012 was a tough year for Serbia because transition was not completed yet and the economy went sharply into reverse. Last year the accession process to the EU slowed down and economic growth shrank by 2% which is much more than expected. Deterioration of macroeconomic fundamentals during the...
Persistent link: https://www.econbiz.de/10010674417
Europe is under debt threat, facing the biggest crisis of uncertainty. One of the biggest limitations of global integration of the EU is that small and weak countries could not fall in line with strong economies. This crisis is the example in this regard. The summit at Cannes failed to give a...
Persistent link: https://www.econbiz.de/10010558992