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Paths into the Asian Crisis of 1997-98 and the recent global financial crisis were similar, but the roads out could not be more different. Common wisdom has it that on impact Asia endured fiscal austerity imposed by the IMF whereas the IMF recommended stimulus in the case of the advanced nations...
Persistent link: https://www.econbiz.de/10013060791
This paper discusses long-term trends in the macroeconomic growth performance and in income distribution in Europe and the U.S. We review insights from the recent macroeconomic literature on inequality and growth and use these insights to shed light on the growth and inequality trends
Persistent link: https://www.econbiz.de/10013319873
This paper aims to contribute to the debate of post-Keynesian growth models and Comparative Political Economy (CPE) by investigating the relationship between the changes in demand and growth regimes and the establishment of right-wing populist governments in Poland and Hungary after the Global...
Persistent link: https://www.econbiz.de/10013465932
This paper aims to contribute to the debate of post-Keynesian growth models and the political economy of populism by investigating the relationship between the changes in demand and growth regimes and the politics of the right-wing populist governments in Poland and Hungary after the Global...
Persistent link: https://www.econbiz.de/10014516172
Are natural resources a "curse" or a "blessing"? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a resource...
Persistent link: https://www.econbiz.de/10003986863
Are natural resources a “curse” or a “blessing”? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a...
Persistent link: https://www.econbiz.de/10013094532
Tourism and environmental preservation are often conflicting activities, mainly in areas such as coastal lagoons, where … seaside mass-tourism comes into contact with a very sensitive ecological system. In this paper we deal with a classical … problem of both environmental and tourism economics, the internalization of environmental costs of tourism, focusing on the …
Persistent link: https://www.econbiz.de/10010189333
Tourism is one of the world's biggest and fastest growing industries. It constitutes the major source of income for … raised serious concern among nations across the globe. At the same time there exists a two fold relationship between tourism … and climate change. Climate is the principal resource for tourism industry and more interestingly tourism itself accounts …
Persistent link: https://www.econbiz.de/10012925206
environmental impacts caused by unsustainable economic development models. The paper explores the relationship between the tourism … identify the most relevant journals in the field and the most prolific authors. The Journal of Sustainable Tourism addresses … environment , while the Worldwide Hospitality and Tourism Themes journal represents a niche in the field, covering topics such as …
Persistent link: https://www.econbiz.de/10014464451
This paper explores the link between trade structure, trade specialization and per capita incomegrowth. It is argued that industrial upgrading in export specialization patterns has a positive long-rungrowth effect, while the effect of structural change in industrial import patterns is in...
Persistent link: https://www.econbiz.de/10011335211