Showing 1 - 10 of 29
The global economic and financial crisis has raised further concerns about the euro-entry criteria, in addition to … price level convergence of Central and Eastern European countries, and the continuous violation of the criteria by euro … relate all criteria to the average of the euro area and simultaneously to extend the compliance period from the currently …
Persistent link: https://www.econbiz.de/10010494439
The global economic and financial crisis has raised further concerns about the euro-entry criteria, in addition to … price level convergence of Central and Eastern European countries, and the continuous violation of the criteria by euro … relate all criteria to the average of the euro area and simultaneously to extend the compliance period from the currently …
Persistent link: https://www.econbiz.de/10008677580
definition of price stability at a time of deflationary pressures. The euro's exchange rate has not been greatly impacted by the … recent currency war; the euro continues to be overvalued, but less than before. …
Persistent link: https://www.econbiz.de/10010494451
postponed euro-adoption until 2020 without any explanation, which is one of the motivations of our analysis. We review the … arguments formulated in 2000-2004 regarding the adoption of the euro by the profession, as well as the declarations and actual … policies pursued by successive governments during the 2000-s. The study discusses the crisis within the euro area, the …
Persistent link: https://www.econbiz.de/10010494500
This paper analyzes the impact of global financial and economic crisis on the process of system transformation in China. First, it details the direct impact of global growth on macroeconomic development and its indirect impact on economic transformation. Second, it analyzes the direct impact of...
Persistent link: https://www.econbiz.de/10010494394
This paper describes the particular impacts of the financial and economic crisis on Central and Eastern European (CEE) countries, studies pro-cyclicality of fiscal policies, discusses the impact of the crisis on fiscal policy, and the policy response of various governments. After drawing some...
Persistent link: https://www.econbiz.de/10010494414
This paper relates on the impact of global crisis on China from a systemic point of view. In what ways external and internal adaptation pressures influenced the transformation of the party-state system in China? Did reactions have an impact on the transformation of political or economic system?...
Persistent link: https://www.econbiz.de/10010494435
This paper assesses the impact of the 2008-09 global financial and economic crisis on the medium-term growth prospects of the countries of central and eastern Europe, the Caucasus and Central Asia, which began an economic transition about two decades ago. We use cross-country growth regressions,...
Persistent link: https://www.econbiz.de/10010494452
With the implementation of the approach of the Interactive Party-State model (Csan di, 2006, 2011) the paper demonstrates the possible short and long term consequences of the adaptation pressures exerted by the global crisis on Chinese system transformation. It points to the short term character...
Persistent link: https://www.econbiz.de/10010494485
. No Divisia monetary aggregates are published for the euro area, in contrast to the United Kingdom and United States. We … derive and make available a dataset on euro-area Divisia money aggregates for January 2001-September 2014 using monthly data … when we use simple-sum measures of money. Our findings for the euro area complement the evidence from US data that Divisia …
Persistent link: https://www.econbiz.de/10010494608