Results 11 to 20 of about 126,559 (311)
Public debt dynamics: the interaction with national income and fiscal policy
Journal of Economic Structures, 2021 The 2008 financial crisis triggered the debt crisis in Europe. High debt-to-GDP ratios made it impossible for some countries to apply countercyclical policy in order to overcome the recession.
Vasileios Spyrakis, Stelios Kotsios
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FROM THE SUBPRIME TO THE SOVEREIGN CRISIS: WHY KEYNESIANISM DOES NOT WORK
World Review of Political Economy, 2012 This article analyzes the recent global economic crisis in the central capitalist economies from the viewpoint of Marxian political economy. In the first section, it examines the so-called sovereign crisis concerning the deepening
Makoto Itoh
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Limitations of the government budget constraint: Users vs. issuers of the currency [PDF]
Panoeconomicus, 2011 The financial crisis and ensuing economic meltdown has led to sharp increases in the deficits and debt levels of many advanced economies. The run-up in public sector indebtedness helped to restore private sector balance sheets, laying the foundation ...
Kelton Stephanie
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Risks, 2021 The major focus of this paper is on the sovereign–banks relationship following the COVID-19 pandemic crisis outbreak, with a view to gaining an insight into banks’ exposure to the sovereign.
Iustina Alina Boitan +1 more
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PSL Quarterly Review, 2012 The paper reviews the area of the international financial architecture relating to sovereign crisis resolution. It is argued that shifting part of the burden of crisis resolution onto creditors may encourage debtor countries to take early action to ...
Curzio Giannini
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Credit crunch: Chinese infrastructure lending and Lao sovereign debt
Asia & the Pacific Policy Studies, 2021 Lao PDR's push for large infrastructure‐led economic growth has been delivered through a significant amount of financial leverage and a build‐up of sovereign debt obligations. The government now finds itself in danger of a sovereign default. This article
Keith Barney, Kanya Souksakoun
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A CYBERNETICS APPROACH TO THE SOVEREIGN DEBT CRISIS [PDF]
Journal of Defense Resources Management, 2015 The purpose of this paper is to approach the sovereign debt crisis from a cybernetics perspective, as a system that includes several interrelated subsystems. We emphasize the dynamic nature and sustainability of the sovereign debt system.
Alexandra Maria CONSTANTIN
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The Crisis of Functionalism and the Reform of European Economic Governance
Politeja, 2015 This paper studies the impact of the sovereign debt crisis on the development of the process of European integration and the constitutional framework of the EU.
Luca Lionello
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Discussing EU Policies and Mechanisms towards the COVID-19 Pandemic Crisis: A Case Study of Greece
World, 2022 This paper discusses the effectiveness of EU economic measures towards the pandemic crisis in the case of Greece. As the pandemic crisis was an exogenous and symmetric crisis, EU member states decided to take supply and demand side measures to tackle ...
Nikolaos Apostolopoulos +2 more
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Contagion during the Greek sovereign debt crisis
Journal of International Money and Finance, 2012 We examine the impact of news about Greece and news about a Greek bailout on bank stock prices in 2010 using data for 48 European banks. We identify the twenty days with extreme returns on Greek sovereign bonds and categorise the news events during those days into news about Greece and news about the prospects of a Greek bailout.
Mark Mink, Jakob de Haan
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