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Inhalt: 1.Vorbemerkungen 2. Die Euroblase 3. Die Kredithilfen der EZB: Von der Nothilfe zur Dauereinrichtung 4. Die Zahlungsbilanz und der Target-Saldo 5. Warum die Target-Salden Kredite sind 6. Die Verlagerung des Refinanzierungskredits 7. Vergleich mit dem Bretton-Woods-System 8. Von der...
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This paper first describes the ingredients the present crisis in the euro zone and then evaluates the key options that policy makers face in resolving the crisis and avoiding similar crises in the future. I argue that the crisis should not be seen as caused by government profligacy alone. In...
Persistent link: https://www.econbiz.de/10009547246
increases of the EU countries and the countries in the euro-zone were 1.7 and 1.6 per cent, respectively. Thus, even in a year … an increase of 2.8 and 3.3 per cent in the euro-zone and European Union, respectively. Overall, Germany ranks in seventh … beginning of the European Monetary Union in particular vis-à-vis the countries of the euro-zone. This led to record levels in …
Persistent link: https://www.econbiz.de/10009565957
increases of the EU countries and the countries in the euro-zone were 1.7 and 1.6 per cent, respectively. Thus, even in a year … an increase of 2.8 and 3.3 per cent in the euro-zone and European Union, respectively. Overall, Germany ranks in seventh … beginning of the European Monetary Union in particular vis-à-vis the countries of the euro-zone. This led to record levels in …
Persistent link: https://www.econbiz.de/10009565958
In this paper the euro crisis is viewed as the most recent episode of the crisis of financedominated capitalism. Therefore, two major features of finance-dominated capitalism, the increasing inequality of income distribution and the rising imbalances of current accounts, are analysed for a set...
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