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The Asia-Pacific (APAC) region, which accounts for over 50 per cent of the world's population and over 35 per cent of the world's gross domestic product (GDP), is one of the fastest growing regions in the world. The region is growing at higher than the global growth rate and is expected to...
Persistent link: https://www.econbiz.de/10015075939
Drawing on global media reports, we conduct a sentiment analysis of the image of China's Belt and Road Initiative (BRI … positive, even if slightly less so than in the past. This is notwithstanding increases in debt levels with China, much of which … sentiment towards China's landmark project, as well as a much worse image of the initiative in countries which, until today, are …
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This paper compares financial assistance programmes of four euro-area countries (Greece, Ireland, Portugal, and Cyprus) and three non-euro-area countries (Hungary, Latvia, and Romania) of the European Union in the aftermath of the 2007/08 global financial and economic crisis-which were supported...
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Following the sovereign debt crisis of 2012, some southern European countries have debated proposals to leave the Euro. We evaluate this policy change in a standard monetary model with seigniorage financing of the deficit. The main novel feature is that we depart from rational expectations while...
Persistent link: https://www.econbiz.de/10012041280
Closing borders has always been a typical reaction to pandemics in the history of humanity, and the responses to Covid-19 mark no difference. Initiatives to limit the diffusion of the virus has put the closure of national borders under the spotlight worldwide. However, national scale offers a...
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