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The Impact of the Global Crisison South-Eastern Europe

Author : Mr.Emidio Cocozza
Publisher : International Monetary Fund
Page : 70 pages
File Size : 50,32 MB
Release : 2011-12-01
Category : Business & Economics
ISBN : 146392786X

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This paper analyzes the impact of the global crisis on six South-Eastern European countries. The main objective is to compare macro-financial conditions and policies in the run-up to the crisis as well as to compare the policy responses to it, so as to highlight, inter alia, possible country-specific constraints. While sharing a common pre-crisis pattern of strong capital inflows and robust growth, a key difference in the conduct of macroeconomicpolicies is that some countries adopted expansionary (and procyclical) fiscal policies. These moves exacerbated external vulnerabilities and compromised the ability to discretionarily use the fiscal instrument in acountercyclical fashion.

The First Decade of Living with the Global Crisis

Author : Anastasios Karasavvoglou
Publisher : Springer
Page : 197 pages
File Size : 34,79 MB
Release : 2016-01-28
Category : Business & Economics
ISBN : 3319242679

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This volume sheds new light on economic developments in several countries of Southeast Europe. The European Union and especially the eurozone continue to experience rhythms of fiscal crisis, as can most clearly be seen in the debt crisis in the South Periphery. Despite the fact that several measures and decisions have been taken to deal with the crisis (banking union, liquidity support from the European Central Bank), proposals to reform Europe’s strategic policy in order to find a way out of the crisis have been put forward. This book explores the respective roles that specific sectors, e.g. the agricultural sector, social capital, tax policies and labour immigration, can play in this regard. The importance of international economic relations (exports, imports, FDI, exchange rates) is analysed, in order to illustrate the nature of the economic developments and the major economic difficulties these countries face.

Financial Crisis in Eastern Europe

Author : Jens Jungmann
Publisher : Springer Science & Business Media
Page : 629 pages
File Size : 29,86 MB
Release : 2011-01-19
Category : Business & Economics
ISBN : 3834965537

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During the past few years all the regions of Europe have suffered from the effects of the World Financial Crisis. Most notably in Eastern Europe, countries have adopted different approaches to combat the crisis and the impact has been varying – politically, economically and socially. This book gives an overview of chosen countries and their situation before and during the crisis, providing a detailed view of the different regions during this difficult period. It also looks at their current status and the individual ways in which they have attempted to stimulate recovery.

Economic Gaps and Crises in South-East Europe

Author : Daniel Dăianu
Publisher : Cambridge Scholars Publishing
Page : 209 pages
File Size : 26,6 MB
Release : 2019-01-08
Category : Business & Economics
ISBN : 1527524620

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The South-Eastern European Monetary History Network (SEEMHN) brings together the central banks of seven countries in this region (Austria, Bulgaria, Greece, Romania, Turkey, Serbia and Albania) to shed light on their respective monetary histories. This book includes presentations made at the 2016 conference of this network, and will appeal to central bankers, members of academia and researchers interested in European economic history with a focus on South-Eastern Europe. The contributions here put the spotlight on economic and financial developments, links between economic crises, and the gaps between Europe’s core and peripheral economies.