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Notably, Africa countries have enjoyed relatively strong economic growth for the past years (decade) mainly because of … impressive global demand for primary commodities. Unfortunately, Africa’s economic growth had failed to generate many good jobs …
Persistent link: https://www.econbiz.de/10015213292
This paper analyses both the basic assumptions and the results of the better known and widely used global models - specifically, the UN world model, the RIO (Reshaping the International Order) model and the Bariloche model - in relation to basic needs and to North-South interdependence. The...
Persistent link: https://www.econbiz.de/10015256726
Happiness is rising on the political agenda and this calls for measures of how well nations perform in creating great happiness for a great number, analogous to measures of success in creating wealth, such as GDP. Happiness is defined as subjective enjoyment of one’s life as-a-whole and this...
Persistent link: https://www.econbiz.de/10015267742
The Greek parliamentary elections in January .2015 led to a foreseeable change in government. The coalition government between the conservative Nea Dimokratia and of the socialist PASOK, become replaced. by a coalition government between the left wing coalition party SYRIZA and the extreme...
Persistent link: https://www.econbiz.de/10015246477
, from monotonic stability at one extreme to chaos at the other extreme, and with all forms of multiperiodic dynamics between …
Persistent link: https://www.econbiz.de/10015215298
Social security is not apart from other aspects of growth and development. It is a phenomenon completely coherent to … economic growth, social justice, human dignity and national prosperity. Generally national social security systems in most … growth and development of middle class, in addition to strengthening civil institutions, the protective function of system …
Persistent link: https://www.econbiz.de/10015215424
This work aims at analysing the dynamics of macroeconomic fluctuations in Cameroon, using a semi-structural VAR to determine the sources of its macroeconomic fluctuations. The results obtained point out that the macroeconomic fluctuations in Cameroon, even though influenced by external shocks,...
Persistent link: https://www.econbiz.de/10015215439
This paper studies the long-run welfare effect of the extra volatility of country spread due to the possibility of sudden stops. Both analytical and numerical results show that sudden stops have weaker output impact when the small open economy is more open to trade. However, welfare consequences...
Persistent link: https://www.econbiz.de/10015218856
This paper analyzes the trade policy when country spread becomes more volatile due to the possibility of sudden stops. Both analytical and numerical results show that sudden stops have weaker output impact when the small open economy is more open to trade; however, this does not imply the...
Persistent link: https://www.econbiz.de/10015218898
This paper is a study of the history of the transplant of mathematical tools using negative feedback for macroeconomic stabilization policy from 1948 to 1975 and the subsequent break of the use of control for stabilization policy which occurred from 1975 to 1993. New-classical macroeconomists...
Persistent link: https://www.econbiz.de/10015220553