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data in EU states concerning the level of debt, the level of gross domestic product (GDP) redistribution, and the level of … EU states. The main conclusions of this article are as follows: (i) EU countries recorded higher national debt levels and … debt growth rates between 2008 and 2015 than most non-EU Organisation for Economic Co-operation and Development (OECD …
Persistent link: https://www.econbiz.de/10012116053
We compare the experience of Latin American external debt crises, in particular the one in the 80s, with the current … larger debt relief in Europe. To address the moral hazard problems that would arise, we propose providing such relief …
Persistent link: https://www.econbiz.de/10010402569
The crisis of financial intermediary systems uncovered not only the consequences of the shifting of the centre of gravity of world economic development, and with it the structural problems of the European economy, but also highlighted the disequilibria of state budget management – of fiscal...
Persistent link: https://www.econbiz.de/10010614483
The purpose of the study is to test for debt sustainability as well as assess the impact of public debt on economic … suggested by Bohn (1998) to test for the sustainability of Ghana's debt. The neoclassical growth model was used to determine the … relationship between debt and economic growth after controlling for other determinants of growth such as labour, capital, trade …
Persistent link: https://www.econbiz.de/10013348432
This is the first study to evaluate the effects of early pension withdrawal policies on tenures on unemployment payments in the COVID-19 context. We use a novel set of linked whole-of-population administrative records to examine more than half-a-million Australians who found themselves newly on...
Persistent link: https://www.econbiz.de/10013351938
This is the first study to evaluate the effects of early pension withdrawal policies on tenures on unemployment payments in the COVID-19 context. We use a novel set of linked whole-of-population administrative records to examine more than half-a-million Australians who found themselves newly on...
Persistent link: https://www.econbiz.de/10013273943
a second serious recession in 2011 because of the sovereign debt crisis. The reaction of Italian governments was mild at … the beginning and more convinced since the start of the sovereign debt crisis in 2011. Adopted policies contributed to … Italian economy to reduce the level of public debt and to return to sustained economic growth, which has been very weak for …
Persistent link: https://www.econbiz.de/10011304572
this process more "overshadowed" by the financial-banking system, it is required a comprehensive analysis of GLOBAL DEBT …; GLOBAL GDP and the ratio between them called "FINANCIAL LEVERS" [3]. The "malfunctions" of DEBT monitoring process are random …
Persistent link: https://www.econbiz.de/10010904689
and foreign exchange reserves, (v) borrowing and restructuring existing debt, and /or (vi) adpoting a more accommodative …
Persistent link: https://www.econbiz.de/10011278260
a second serious recession in 2011 because of the sovereign debt crisis. The reaction of Italian governments was mild at … the beginning and more convinced since the start of the sovereign debt crisis in 2011. Adopted policies contributed to … Italian economy to reduce the level of public debt and to return to sustained economic growth, which has been very weak for …
Persistent link: https://www.econbiz.de/10011284961