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debt. Disciplinary fields as varied as logic, accounting, finance, psychology, geopolitics, economics, statistics, ethics …-rigid compartmentalisation of knowledge in particular that which is centred on economics alone. This approach comes in sharp contrast to …
Persistent link: https://www.econbiz.de/10010669854
the Eurozone. Specifically, the tightening of fiscal rules is not adequate, the reform does not constitute a step forward … adjustment and there is no re-definition of the role that the ECB should play in a debt crisis such as the current one. …
Persistent link: https://www.econbiz.de/10011130289
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This article compares today's euro-zone debt crisis, in terms of economic diplomacy, with the earlier crisis in Latin … countries and creditor banks. Though initially contagious, the crisis was treated by a process of isolation. The IMF served as a … total failure to reconcile tensions in the euro-zone crisis. Growing imbalances between debtors and creditors led to serious …
Persistent link: https://www.econbiz.de/10010670162
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The paper argues that the Greek debt crisis, as well as those of other Southern European countries and Ireland, has to be seen in macroeconomic context. The sum of the public sector balance, the (domestic) private sector balance and the current account deficit (or equivalently: the capital...
Persistent link: https://www.econbiz.de/10010670267
This study examines the nature of interdependence, and return and volatility spillovers, for three Indian exchange rates: US dollar (USD), Euro and British Pound. We use the spillover index methodology of Diebold and Yilmaz (2009) to analyse precisely and independently the returns and volatility...
Persistent link: https://www.econbiz.de/10009352440
industrial firms, which have to survive in the environment of Eurozone and the market of 300 million consumers. Results show that …
Persistent link: https://www.econbiz.de/10010669668
This paper seeks to draw lessons from the IMF’s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that...
Persistent link: https://www.econbiz.de/10005824823
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