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This paper documents economic trend in Swaziland aftermath of the global economic and financial crisis, establishing that Swaziland’s economy is highly dependent on external market and the country’s growth prospect is largely contingent on developments in South Africa. The declining trend in...
Persistent link: https://www.econbiz.de/10015257532
This paper is not intended to assess and to examine fiscal policies carried out by the fiscal authorities of any country, including the Indonesian government, but only to refresh theoretical fiscal policy functions, which are then linked to some facts of their implementation in a number of...
Persistent link: https://www.econbiz.de/10015266447
Starting from the examination of the main macroeconomic parameters that have characterized the structure of the Eurozone in the last decade – and their systemization – our aim was to apply a model suitable for describing its dynamics. In particular, the Kolmogorov-Arnold-Moser theorem was...
Persistent link: https://www.econbiz.de/10015268488
The COVID-19 pandemic has caused the most universal health and socio-economic crisis in recent history. However, the magnitude of the economic damage has differed widely; some countries were hit particularly hard, while others have managed to weather the storm much better. In this paper, we...
Persistent link: https://www.econbiz.de/10015241481
The COVID-19 pandemic has caused the most universal health and socio-economic crisis in recent history. However, the magnitude of the economic damage has differed widely; some countries were hit particularly hard, while others have managed to weather the storm much better. In this paper, we...
Persistent link: https://www.econbiz.de/10015251369
The Egyptian revolution of Jan 25th 2011 presents a cross road in Egyptian history that hasn’t been witnessed since ancient times. This peaceful and truly popular revolt came as a result of system failure on both political and economic levels of the regime of Hosni Mubarak who has been ruling...
Persistent link: https://www.econbiz.de/10015271178
This paper investigates the global economic consequence of the Russia-Ukraine war over a four-month period from December 2021 to March 2022. Russia invaded Ukraine on the 24th of February 2022. The study used the Pearson correlation and two-stage least square regression methods to assess the...
Persistent link: https://www.econbiz.de/10015213391
In this article, we use recently developed panel causality and cointegration techniques to examine the long-run relationship between inflation and economic growth of the 8 WAEMU countries. A panel of 256 observations was therefore constituted from the IMF (WDI) and BCEAO database. Our results...
Persistent link: https://www.econbiz.de/10015213529
Future sustainable economic development depends heavily on public policy at regional, national, and global levels. Therefore, it is crucial to conduct a thorough policy analysis that ensures consistent and effective policy guidance. However, a major challenge in traditional policy analysis is...
Persistent link: https://www.econbiz.de/10015213919
The transition from fossil fuels to sustainable solutions remains a significant challenge, primarily due to path dependence which affects many economies. This calls for a new approach to economic growth that fully accounts for environmental costs. Consequently, understanding the factors that...
Persistent link: https://www.econbiz.de/10015214917