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Reshaping the Chinese growth model – a formidable challenge of the 12th five-year plan
Melander, Annika; Rudolf, Moritz - 2011
Private consumption is a key component in the rebalancing of growth that China is seeking, and a challenging one. Not …. Understanding what drove the consumption share down to a mere 36% of GDP in China is thus vital. This brief explores the many … reasons for the high precautionary savings that followed in the wake of the reform process in China. In particular, the …
Persistent link: https://www.econbiz.de/10011291913
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As East you go, the more they grow : transition economies in a new setting
Gligorov, Vladimir (contributor); Pöschl, Josef (contributor) - 2004
Persistent link: https://www.econbiz.de/10002132149
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Economic cycles and development aid: what is the evidence from the past?
Hallet, Martin - 2009
This Economic Brief looks at past evidence as to what extent donors' economic cycles have an effect on their aid budgets. It generally finds only a weak correlation of economic growth and aid of OECD donors between 1971 and 2008, and aid was reduced in only about half of all episodes of deep or...
Persistent link: https://www.econbiz.de/10011291906
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Crisis and reform : Keynote addresses at DG ECFIN's annual research conference
Buti, Marco - 2010
The present global financial crisis is the deepest since the Great Depression of the 1930s. It has impacted severely on the European economy. It has forced policy-makers in the EU and elsewhere to respond with exceptional measures to counter the depressive effects of the crisis. The crisis has...
Persistent link: https://www.econbiz.de/10011291907
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Exit strategy: is 1937/38 relevant?
Noord, Paul Joseph van den - 2010
The 1937/38 recession in the United States is often quoted as a warning against premature exits from monetary and fiscal stimulus. The presumption is that the 1937/38 recession was indeed due to such a premature exit. This Economic Brief presents evidence that goes against this view. The 1937/38...
Persistent link: https://www.econbiz.de/10011291908
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Distance says it all? What the global crisis tells us about the resilience of Mexico and Brazil
Kooi, Willem - 2010
The economies of Mexico and Brazil have many important commonalities, but Brazil's economy has, so far, shown more resilience to global economic crisis, which had its epicentre in Mexico's Northern neighbour. In this Economic Brief the performances of the Brazilian and Mexican economies are...
Persistent link: https://www.econbiz.de/10011291909
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Keynote speeches at the Brussels Economic Forum 2010 : Strategies for a post-crisis world: enhancing European growth Keynote speeches at the Brussels Economic Forum 2010
Buti, Marco - 2010
The 11th Brussels Economic Forum, held on 25-26 May 2010, took place against a background of the Greek debt crisis and keen debate on the future of Europe's economic governance. In that sense it took place at the ideal moment. Participants debated the causes and consequences of the crisis, and...
Persistent link: https://www.econbiz.de/10011291910
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The tale of the Baltics: experiences, challenges ahead and main lessons
Deroose, Servaas; Flores Gual, Elena; Giudice, Gabriele; … - 2010
This brief reviews the main economic developments since transition in the three Baltic economies and highlights challenges for the future. Although the three economies went, in an almost synchronous fashion, through similar stages of catching up and financial convergence-driven booms and busts,...
Persistent link: https://www.econbiz.de/10011291911
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Macroeconomic effects of Europe 2020 : stylised scenarios
Hobza, Alexandr; Mourre, Gilles - 2010
This brief presents several stylised scenarios to explore the potential macroeconomic benefits of the Europe 2020 strategy. An essential part of Europe 2020 consists of reforms with a medium- to long-term horizon that focus on promoting the sustainability of public finances, enhancing potential...
Persistent link: https://www.econbiz.de/10011291912
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Post-crisis unemployment developments : US and EU approaching?
Casaux, Suzanne; Turrini, Alessandro - 2011
This brief reviews the evolution of the US and the European labour markets since the beginning of the financial crisis. In the US, the unemployment rate and the share of long-term unemployment grew very fast, during the crisis, thereby reaching levels close to those in the EU. Does that mean...
Persistent link: https://www.econbiz.de/10011291914