The Euro Area Periphery Debt Conundrum [PDF]
There are many reasons to reform the Stability and Growth Pact, but that reform is no panacea. This is because the euro area periphery has increasingly entered a debt conundrum.
Robin Brooks, Jonathan Pingle
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This paper aims to assess tax policy reforms that can sustain universal basic income programs and foster long-term growth and welfare in a currency union that faces fiscal rule constraints and inequality. To address this ongoing government and economics’
Thierry U. KAME BABILLA
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Last tango in the Euro Area: Cracks in foundations of the Euro construct [PDF]
The crisis of sovereign debt and banking system in the Euro Area seriously endanger not only economic stability of the Old continent, but also of the world economy as a whole. In this study, we identify causes of the crisis and point towards plausible
Radonjić Ognjen, Zec Miodrag
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Effects from Brexit on the EU-27 and the Euro Area Developments [PDF]
Brexit affects all the aspects of life, business and European integration process. It has strong implications also on the developments in the Euro Area despite the fact that the United Kingdom had the so-called “opt-out clause” for not adopting the ...
Kaloyan Simeono
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Macroeconomic Imbalances in the Euro Area [PDF]
Macroeconomic imbalances constitute one of the most important threats to the cohesion of the monetary union. The aim of this article is to examine the current state of imbalances using the new composite indicator of macroeconomic stability.
Jacek Pietrucha
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Hydrological simulations driven by RCM climate scenarios at basin scale in the Po River, Italy [PDF]
River discharges are the main expression of the hydrological cycle and are the results of climate natural variability. The signal of climate changes occurrence raises the question of how it will impact on river flows and on their extreme manifestations ...
R. Vezzoli +8 more
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Real Convergence Across the Euro Area
This paper studies the relationship between real convergence in the euro area and macroeconomic imbalances. It compares the main features of convergence within the euro area with other EU and non-EU country groups, looking at both ‘sigma’ and ‘beta ...
Leonor Coutinho, Alessandro Turrini
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THE EVOLUTION OF THE ECONOMY BETWEEN 2006 - 2021 MEASURED BY GDP, GDP PPP IN ACCORDANCE WITH THE AVERAGE WAGES - EURO AREA VS ROMANIA – [PDF]
The economic growth, the economic situation of a country is a significant theme in economic literature. In this article we analyze the change in GDP per capita euro area 2006 - 2021, GDP per capita Romania 2006 - 2021, GDP PPP per capita euro area 2006
CSŐSZ CSONGOR
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ANALYSIS OF ECONOMIC GROWTH CYCLES’ SYMMETRY IN THE MAIN ECONOMIC SECTORS OF EURO AREA COUNTRIES
. With the European Union integration growing deeper and Euro area countries having the common currency, excluding possibility of a national monetary policy, academic society has raised a debate on economic stabilization opportunities in individual Euro ...
Brigita Šidlauskaitė +1 more
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Financial and economic approach: Financial & banking sector development pact from the perspective of the euro area European economic policy [PDF]
Powerful obstacles to the further integration of repot, bond and equity markets remain the still fragmented securities settlement industry in Europe, which charges much higher fees for cross border transactions than for domestic transactions, and ...
Theodoropoulos Theodore E. +1 more
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