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The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics; Many Paths to the Same Endpoint
Kang, Joong Shik; Shambaugh, Jay C. - International Monetary Fund (IMF) - 2013
Explanations of the large current account deficits for the euro area periphery and the Baltics in the run up to the crisis revolve around two main factors: deteriorating export performance or demand driven booms. We add that there were important movements in transfers and net income balances....
Persistent link: https://www.econbiz.de/10011242364
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Portugal; Selected Issues Paper
International Monetary Fund (IMF); International … - 2013
Portugal’s economy is in deep recession, and the crisis has opened up a large output gap, with severe consequences for employment and government revenue. While the focus is on the medium- and long-term, this analysis also offers insights on how deep the output gap is. It also highlights...
Persistent link: https://www.econbiz.de/10011242590
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Portugal: Eighth and Ninth Reviews Under the Extended Arrangement and Request for Waivers of Applicability of End-September Performance Criteria
International Monetary Fund (IMF); International … - 2013
This paper discusses Portugal’s Eighth and Ninth Reviews Under the Extended Arrangement and Request for Waivers of Applicability of end-September Performance Criteria (PC). Program implementation has remained broadly on track, in spite of a political crisis and significant legal...
Persistent link: https://www.econbiz.de/10011243135
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Portugal: Tenth Review Under the Extended Arrangement and Request for Waivers of Applicability of end-December Performance Criteria
International Monetary Fund (IMF); International … - 2014
This paper discusses Portugal’s Tenth Review Under the Extended Arrangement. The short-term outlook has improved and program implementation remains on track, notwithstanding another adverse Constitutional Court ruling. Stronger domestic demand is supporting a pick-up in activity and lower...
Persistent link: https://www.econbiz.de/10011245368
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The Limits of Fiscal, Monetary, and Trade Policies:International Comparisons and Solutions
Leightner, Jonathan E - World Scientific Publishing Co. Pte. Ltd.
Sixteen countries across the world ¡ª including the United States and many European nations ¡ª have fallen into economic crises since the late 1990s. In <em>The Limits of Fiscal, Monetary, and Trade Policies: International Comparisons and Solutions</em>, Jonathan E Leightner convincingly argues that...
Persistent link: https://www.econbiz.de/10011010979
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The role of foreign direct investment in the renewable electricity generation and economic growth nexus in Portugal: a cointegration and causality analysis
Cerdeira, Bento; Paulo, João - Volkswirtschaftliche Fakultät, … - 2012
This study attempts to investigate a supply function for electricity in Portugal through cointegration and causality … product, inward foreign direct investment, carbon emissions from electricity production and population size in Portugal by … crucial in boosting Portugal’s socio-economic development towards a more efficiency-orientated and less resource …
Persistent link: https://www.econbiz.de/10011259320
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Is employment of social risk groups the key to sustaining the European welfare regimes?
Josifidis, Kosta; Supic, Novica; Pucar, Emilija Beker; … - In: International Journal of Economics and Business Research 3 (2011) 6, pp. 623-640
The European welfare regimes face two sets of challenges. One internal, specific for the welfare state itself, and the other external, imposed by changing economic, political and economics conditions. The first challenge lies in the growing gap between the rigid welfare state design and flexible...
Persistent link: https://www.econbiz.de/10009352451
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Macro-level perspective of consumer ethnocentrism: a panel data study in Turkey
Altintas, Murat Hakan; Harcar, Talha; Dulgeroglu, Ismail; … - In: World Review of Entrepreneurship, Management and … 7 (2011) 4, pp. 402-421
This article analyses the relationship between the main antecedents of and imports/GNP ratio as a subtle reflector of macro-level consumer ethnocentrism (CE). We constructed a model that reflects the macro level ethnocentrism in a domestic country. This ratio expresses the economy openness of a...
Persistent link: https://www.econbiz.de/10009353059
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From an agrarian society to a knowledge economy: Portugal, 1950-2010
Pereira, Álvaro Santos; Lains, Pedro - Instituto Figuerola de Historia y Ciencias Sociales, … - 2010
accumulation and productivity growth were the main reasons behind Portugal’s economic fortunes. Growth declined between these two … phases, as in the rest of Europe. In Portugal, it slowed further after 1990. After surveying the main causes of the slowdown … of the Portuguese economy in the last decade, Portugal’s main human capital indicators are compared to other European and …
Persistent link: https://www.econbiz.de/10008672246