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Restoring Stability to Europe
Shelburne, Robert - Economic Commission for Europe (UN-ECE), United Nations - 2012
The eurozone is in political and economic crisis. This is due to the inadequate design of the institutional structure of the eurozone and to the current poor implementation of macroeconomic policy. In designing the eurozone, well established principles of economics were ignored and major...
Persistent link: https://www.econbiz.de/10010569083
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Restoring Stability to Europe
Shelburne, Robert C. - 2013
The eurozone is in political and economic crisis. This is due to the inadequate design of the institutional structure of the eurozone and to the current poor implementation of macroeconomic policy. In designing the eurozone, well established principles of economics were ignored and major...
Persistent link: https://www.econbiz.de/10013080282
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Reforming the Fiscal Framework. The Case of Sweden 1973-2013
Jonung, Lars - 2014
This paper explores the evolution of Swedish fiscal policy from one extreme approach to another one in less than four decades. After the demise of the Bretton Woods-system in the early 1970s, Swedish fiscal policy was based on a Keynesian approach with the goal to stabilize the business cycle...
Persistent link: https://www.econbiz.de/10013208694
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The Swedish Experience of Fiscal Reform: Lessons for Portugal
Jonung, Lars - 2014
that gradually emerged in Sweden after the deep economic crisis of the early 1990s. By now, Swedish public finances stand … out among the strongest in Europe. Recent Swedish macroeconomic performance has been impressive. As Sweden and Portugal … are small open economies in the periphery of Europe, Sweden may serve as a fiscal model for Portugal. Policy lessons are …
Persistent link: https://www.econbiz.de/10013208695
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The Swedish Experience of Fiscal Reform: Lessons for Portugal
Jonung, Lars - Nationalekonomiska Institutionen, Ekonomihögskolan - 2014
that gradually emerged in Sweden after the deep economic crisis of the early 1990s. By now, Swedish public finances stand … out among the strongest in Europe. Recent Swedish macroeconomic performance has been impressive. As Sweden and Portugal … are small open economies in the periphery of Europe, Sweden may serve as a fiscal model for Portugal. Policy lessons are …
Persistent link: https://www.econbiz.de/10010884881
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Reforming the Fiscal Framework. The Case of Sweden 1973-2013
Jonung, Lars - Nationalekonomiska Institutionen, Ekonomihögskolan - 2014
This paper explores the evolution of Swedish fiscal policy from one extreme approach to another one in less than four decades. After the demise of the Bretton Woods-system in the early 1970s, Swedish fiscal policy was based on a Keynesian approach with the goal to stabilize the business cycle...
Persistent link: https://www.econbiz.de/10010788970
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How to build a resilient monetary union? : lessons from the euro crisis
Claeys, Gregory - 2017
This paper describes the institutional flaws that led to the euro crisis, assesses the institutional reforms that were put in place during and in the aftermath of the crisis, and evaluates the remaining fragilities of the architecture of the European monetary union. In mid-2017, growth in the...
Persistent link: https://www.econbiz.de/10011723767
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Governing the Economy : A Triple Crisis
Hardiman, Niamh; Dellepiane, Sebastian - 2011
November 2010 Ireland entered an EU-IMF loan agreement. This paper outlines the pathways to this outcome …
Persistent link: https://www.econbiz.de/10014185626
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China’s Tax Policy Response to the Global Financial Crisis
Cui, Wei - 2021
VAT reform constituted the most important tax policy action China took during the global financial crisis in 2008-9. If China had had a more typical tax structure, this specific policy instrument (as well as certain others) would not have been available. Conversely, because of the idiosyncrasies...
Persistent link: https://www.econbiz.de/10013252286
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European Economic Crisis : Ireland in Comparative Perspective
Hardiman, Niamh - 2010
The current economic crisis has hit all European countries hard, but some are much more severely affected others. The problems manifest in European peripheral countries, especially Ireland, Spain, and Greece, have roots in domestic policy mistakes. However, the European context of these policy...
Persistent link: https://www.econbiz.de/10013140723