Economic Policies on Slovenia’s Road to the Euro Area

2013 ◽  
Author(s):  
Klaus Weyerstrass
Keyword(s):  
Euro Area ◽  
Economic Policies

scholarly journals The Fiscal Compact and the European Constitutions: ‘Europe Speaking German’

2012 ◽  
Vol 8 (1) ◽  
pp. 1-7 ◽  
Author(s):  
LB ◽  
JHR
Keyword(s):  
European Union ◽  
Czech Republic ◽  
Monetary Union ◽  
Euro Area ◽  
Economic And Monetary Union ◽  
Economic Policies ◽  
The European Union ◽  
The Czech Republic ◽  
The United Kingdom ◽  
Fiscal Compact

In between the writing of this editorial and the publication of this issue of EuConst, the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, in everyday parlance the ‘Fiscal Compact’, will have been signed by the representatives of the governments of the contracting parties — the member states of the European Union minus the United Kingdom and the Czech Republic. The Fiscal Compact is intended to foster budgetary discipline, to strengthen the coordination of economic policies and to improve the governance of the euro area.

Economic policies on Slovenia's road to the euro area

2008 ◽  
Vol 32 (1) ◽  
pp. 92-102 ◽  
Author(s):  
Klaus Weyerstrass
Keyword(s):  
Euro Area ◽  
Economic Policies

scholarly journals Kako se nositi s ekonomskom depresijom: iskustvene i teorijske lekcije Velike depresije

2016 ◽  
Vol 10 (4) ◽  
pp. 1005
Author(s):  
Ognjen Radonjić
Keyword(s):  
Great Depression ◽  
Euro Area ◽  
Debt Crisis ◽  
Free Market ◽  
Conventional Wisdom ◽  
Economic Policies ◽  
The Great Depression

The purpose of this paper is to explain not only why the Euro Area debt crisis does not subside, but also, why it deepens. We believe that the experience of the Great Depression can help economic theorists and officials to look at the problem from a different perspective since it is apparent that the economic orthodoxy and economic policies supported by its conventional wisdom do not provide desired results. Roosevelt’s fiscal activism and Keynes’ revolutionary theory deliver an answer to the question of why is, in crisis periods, vigorous reaction of economic authorities needed and why the free market is not able by itself to find way out of the fog, which, as time passes, becomes more and more dense.

scholarly journals Political economy of the euro area crisis

2011 ◽  
Vol 58 (5) ◽  
pp. 593-604 ◽  
Author(s):  
Casimir Dadak
Keyword(s):  
Political Economy ◽  
Monetary Policy ◽  
Business Cycles ◽  
Exchange Rates ◽  
Euro Area ◽  
Monetary Integration ◽  
Economic Policies ◽  
Loss Of Control ◽  
Demand Side ◽  
Currency Area

For many experts the true motivation behind the introduction of a single currency in Europe is political rather than economic. This view is based on the fact that the euro area does not constitute an optimal currency area and, therefore, the costs of monetary integration are likely to outweigh the benefits. In particular, the loss of control over monetary policy and exchange rates make overcoming asymmetric demand-side shocks very painful. Moreover, the monetary union lacks a common fiscal authority that could help in smoothing out business cycles. The present crisis exposed these vulnerabilities and, unfortunately, so far economic policies adopted in the region have failed to rectify these shortcomings.

Slump in Turkish automotive sector will last into 2019

2019 ◽  
Keyword(s):  
United States ◽  
Euro Area ◽  
The United States ◽  
Automotive Sector ◽  
Economic Policies ◽  
Export Markets ◽  
Content Type ◽  
Automotive Market ◽  
European Markets ◽  
Turkish Lira

Subject The weak lira’s impact on the Turkish automotive sector. Significance A growing domestic automotive market gave Turkish carmakers some relief when European vehicle markets slumped in the wake of the euro-area crisis. Now, thanks to a combination of failed economic policies and tensions with the United States that caused a 70% fall in the Turkish lira, the domestic market has all but collapsed, while European markets are slowing even before the disruption promised by Brexit. Impacts The government’s post-attempted-coup purges have hurt the lira and may have affected consumer demand. Demand in the main export markets in Europe for Turkish-produced cars is stagnating and exports may continue to fall. Renewed US efforts to isolate Iran will affect Turkish vehicle exports to that market.

scholarly journals Post-Keynesian alternative policies to curb macroeconomic imbalances in the Euro area

2015 ◽  
Vol 62 (2) ◽  
pp. 217-236 ◽  
Author(s):  
Eckhard Hein ◽  
Daniel Detzer
Keyword(s):  
Growth Rate ◽  
Euro Area ◽  
Balance Of Payments ◽  
Fiscal Policies ◽  
Policy Recommendations ◽  
Economic Policies ◽  
Regional Policies ◽  
Macroeconomic Imbalances ◽  
Current Account Imbalances ◽  
Differential Inflation

In this paper we outline alternative post-Keynesian policy recommendations addressing the problems of differential inflation, divergence in competitiveness and associated current account imbalances within the Euro area. We provide a basic framework in order to systematically address the related issues making use of Anthony P. Thirlwall?s (1979, 2002) model of a ?balance-of-payments-constrained growth rate? (BPCGR). Based on this framework, we outline the required stance for alternative economic policies and then we discuss the implications for alternative monetary, wage/incomes and fiscal policies in the Euro area as a whole, as well as the consequences for structural and regional policies in the Euro area periphery, in particular.

scholarly journals BUSINESS CYCLES SYNCHRONISATIONS IN THE BALTIC COUNTRIES

2020 ◽  
Vol 18 (1) ◽  
pp. 127-141
Author(s):  
Arvydas Kregždė
Keyword(s):  
Business Cycles ◽  
Euro Area ◽  
Nordic Countries ◽  
Economic Policies ◽  
External Shocks ◽  
Real Business Cycles ◽  
Financial Variables ◽  
Baltic Countries ◽  
The Baltic ◽  
First Time

Purpose – The purpose of the paper is to investigate the level of real business cycles synchronisation between the Baltic and the Nordic countries and between the Baltic countries and the euro area. Research methodology – Wavelet analysis was employed to evaluate the level of synchronisation for different periods and time. Quarterly data from 1995 Q2 to 2019 Q4 was used. Findings – We discover the influence of several essential events in economies of the Baltic countries on the synchronisation: accession to the EU in 2004, the introduction of the euro in the Baltic countries and some external shocks. Research limitation – A lack of reliable long-term data from the Baltic countries does not allow performing calculation for other important financial variables. Practical implications – Results of the research are important for forecasting and implementing flexible economic policies of the Baltic countries. Originality/Value – Business cycles synchronisation between the Baltic countries themselves and between the Baltic countries, the Nordic countries and the euro area countries across time and various frequency dimensions was investigated for the first time.

scholarly journals EFFECTS OF ECONOMIC POLICIES ON STABILITY OF COMPANIES AND EMPLOYEES

2019 ◽  
Vol 2 (1) ◽  
pp. 39-49
Author(s):  
Cristina Alina Năftănăilă ◽  
Odi Mihaela Zărnescu ◽  
Filofteia Viorica Braga ◽  
Lacramioara Rodica Hurloiu
Keyword(s):  
Economic Growth ◽  
International Economic ◽  
Euro Area ◽  
Economic Policies ◽  
Private Debt ◽  
Public And Private ◽  
Macroeconomic Indicators ◽  
High Level ◽  
Economic Growth Rates ◽  
The Eu

The current study investigates domestic and international economic and financial developments, analyzes the ability of Romanian firms to adapt to the challenges of integration in the euro area and identifies the economic and financial performance of Romanian companies. The economy of the euro area has seen positive developments in the first half of 2017. Economic growth recorded a 0.7% gain in the second quarter of 2017, after 0.6% in the first quarter. Also the profitability of euro area banks has improved but the main problem in the euro area is the high level of public and private debt. Romania recorded one of the highest economic growth rates in the EU in the first nine months of 2017. However, the analysis of the main macroeconomic indicators reveals the build-up of tensions.

Language policy: An economics perspective

2016 ◽  
pp. 128-140
Author(s):  
D. Kadochnikov
Keyword(s):  
Economic Theory ◽  
Language Policy ◽  
Research Field ◽  
Economic Policies ◽  
Economic Phenomenon ◽  
Market Situation ◽  
Theory Of Language ◽  
Methodological Aspects

Economic theory of language policy treats a language as an economic phenomenon. A language situation is considered to be an economic, or market, situation, while language policy becomes an element of economic policies. The paper aims to systematize and to further develop theoretical and methodological aspects of this promising research field situated between economics and sociolinguistics.

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