Theoretical and Applied Economics
No. 1 / 2019 (618), Spring
The global context of economic crises and cohesion funds in the EU
Bucharest University of Economic Studies, Romania
Abstract. The currently finalized financial crisis, which began in the US then spread to Europe, has become global at some point. Even the emerging markets and the less developed countries that have managed their economy well, have resisted unfavorable lending practices, kept high levels of foreign exchange reserves, bought no toxic mortgages, and did not allow banks to engage in excessive risk through financial derivatives so they get involved and suffer as a consequence. Any global solution – short-term measures to stabilize the current situation and long-term measures to make another less likely reappearance – must pay due attention to the effects on these countries. Without doing so, global economic stability cannot be restored, and economic growth as well as global poverty reduction will be threatened.
Contents
Why do high ability people also suffer from money illusion? Experimental evidence of behavioral contradiction
Macroeconomic stability of new member states of the European Union: Fifth enlargement
The global context of economic crises and cohesion funds in the EU
Is real depreciation or more government deficit expansionary? The case of Macedonia
Models and theories in a frictions and wage rigidities labor market
Human capital and the FDI-Income inequality nexus in African countries: Panel smooth transition regression approach
Are institutions a crucial determinant of cross country economic efficiency? A two-stage double bootstrap data envelopment analysis
The relationship between unemployment and some macroeconomic variables: Empirical evidence from India
Inequity in health care sector in India: A case study of district level in four Indian states
Performance in public administration: Doing outside the box under the rule of procedures
Trade effects based on general equilibrium
Empirically testing Keynesian defense burden hypothesis, nonlinear hypothesis, and spillover hypothesis: Evidence from Asian countries