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The paper retrospectively analyses the issue of the impact of international trade on developed countries' labour markets in the 1990s, when the majority of academic opinion denied the role of trade in the misfortunes of unskilled workers. An analytical framework is proposed in which...
Persistent link: https://www.econbiz.de/10012485101
In 2019, over 96% of EU27 oil needs, nearly 90% of natural gas and over 43% of solid fuels were met by net imports, with the largest share coming from Russia (35% of oil, 40% of natural gas and 20% of solid fuels consumed in EU27). The decline in the share of oil since 2016 was more than off-set...
Persistent link: https://www.econbiz.de/10013343189
The process of European integration can be described as the increasing interdependence between economies at different levels of development and with different productive capabilities. It evolved from a pre-eminently political project to a 'de-politicised' management based on the automatism of...
Persistent link: https://www.econbiz.de/10012151462
The paper retrospectively analyses the issue of the impact of international trade on developed countries' labour markets in the 1990s, when the majority of academic opinion denied the role of trade in the misfortunes of unskilled workers. An analytical framework is proposed in which...
Persistent link: https://www.econbiz.de/10012611666
The relationship between financial development and economic growth has received enormous attention in the economic literature of the last decade. The widely accepted consensus finding is that financial development has a positive effect on growth at either aggregate, or industry or firm levels....
Persistent link: https://www.econbiz.de/10005429820
We present evidence of the relationship between trade-openness and growth in the sample of former communist countries before and after the transition from a central planned economy (CPE) to a market economy by applying standard OLS and panel estimation techniques. The main finding is that during...
Persistent link: https://www.econbiz.de/10005408258