Comments by Vedran Šišić
... “The Myth” explanation and previous experience with housing bubbles – whether it is sufficient? We need to better understand reasons for complacency in order not to make the same mistakes all over again ...
... “The Myth” explanation and previous experience with housing bubbles – whether it is sufficient? We need to better understand reasons for complacency in order not to make the same mistakes all over again ...
Salvatore Rossi: The economic progress of Italy
... real economy in a vicious spiral. When the sovereign debt crisis subsided the conditions of our banks improved, but the issue of bad loans still figures prominently on the policy agenda in Italy these days. Risks and opportunities for the future The macroeconomic scenario is now getting better in It ...
... real economy in a vicious spiral. When the sovereign debt crisis subsided the conditions of our banks improved, but the issue of bad loans still figures prominently on the policy agenda in Italy these days. Risks and opportunities for the future The macroeconomic scenario is now getting better in It ...
Business Cycle
... spending can affect decisions in the economy. • Speculation and “bubbles”-expectations about the future ...
... spending can affect decisions in the economy. • Speculation and “bubbles”-expectations about the future ...
PDF
... meltdown started its manifestations in mid-September 2007, but its enormity became prominent only a year later when major American investment banks collapsed in September 2008. This led to freezing of credit in developed market economies and transmitted liquidity squeeze in the global financial syst ...
... meltdown started its manifestations in mid-September 2007, but its enormity became prominent only a year later when major American investment banks collapsed in September 2008. This led to freezing of credit in developed market economies and transmitted liquidity squeeze in the global financial syst ...
The Bursting of the Asian Housing Bubble*
... spectacular crashes in the United States in 2008, as well as in other countries like the UK and Ireland, and then Spain. But many commentators still persist in seeing this as more of a developed economy problem, which is less likely to become a concern in developing countries where excess demand for ...
... spectacular crashes in the United States in 2008, as well as in other countries like the UK and Ireland, and then Spain. But many commentators still persist in seeing this as more of a developed economy problem, which is less likely to become a concern in developing countries where excess demand for ...
Capitalism will always have dramas. It is governments that turn them
... countries bounced back from such crises fairly quickly. The 1930s were a cruel exception. Even so, countries bounced back more rapidly at times when they were using a fixed and politically credible currency regime such as the gold standard (and now, it will be hoped in Europe, the euro). This was be ...
... countries bounced back from such crises fairly quickly. The 1930s were a cruel exception. Even so, countries bounced back more rapidly at times when they were using a fixed and politically credible currency regime such as the gold standard (and now, it will be hoped in Europe, the euro). This was be ...
DOING YEAR 12 ECONOMICS NEXT YEAR
... helping in the improvement of the ……………………………….. goal, as well. But are there any ‘costs’ (disadvantages) associated with this plan? ...
... helping in the improvement of the ……………………………….. goal, as well. But are there any ‘costs’ (disadvantages) associated with this plan? ...
The potential of growth markets: seizing opportunities in a new
... they face in foreign trade and investment, because we understand local laws, regulations and culture,” says Ms Wong. “We can’t pretend to know the industry which investors are operating in better than they do, but what we do know and can help them with is to manage their liquidity risks, market risk ...
... they face in foreign trade and investment, because we understand local laws, regulations and culture,” says Ms Wong. “We can’t pretend to know the industry which investors are operating in better than they do, but what we do know and can help them with is to manage their liquidity risks, market risk ...
Alogoskoufis08_transcript
... an initial role for the IMF. We now have to wait and see what the G-20 Summit will be able to produce. ...
... an initial role for the IMF. We now have to wait and see what the G-20 Summit will be able to produce. ...
S U M M A R Y The Economy and the Election in 2008
... U.S. presidential election, winning over 53 percent of the popular vote. At the time of the 2008 election, the economy was not doing well. Output was falling and unemployment was rising. Indeed, in the fall of 2008, the United States was in the midst of a worldwide financial crisis in which large fi ...
... U.S. presidential election, winning over 53 percent of the popular vote. At the time of the 2008 election, the economy was not doing well. Output was falling and unemployment was rising. Indeed, in the fall of 2008, the United States was in the midst of a worldwide financial crisis in which large fi ...
The Changing Global Economic Landscape: Opportunities and Risks
... Given demography, this is a period in which the U.S. should be saving, not borrowing Worry is that there will be a disorderly adjustment ...
... Given demography, this is a period in which the U.S. should be saving, not borrowing Worry is that there will be a disorderly adjustment ...
Document
... A “crisis of confidence” and overly restrictive policies have increased the risk of stagnation, and possibly a double-dip, in some G7 economies. ...
... A “crisis of confidence” and overly restrictive policies have increased the risk of stagnation, and possibly a double-dip, in some G7 economies. ...
Fundamental Flaws in the European Project
... – that government annual budget deficits must not exceed 3% and a national debt ceiling equivalent to no more than 60% of GDP must be observed. Admittedly, examples of violation of the national budget constraints can be cited for either large countries like Germany, France, Italy, in the early 2000s ...
... – that government annual budget deficits must not exceed 3% and a national debt ceiling equivalent to no more than 60% of GDP must be observed. Admittedly, examples of violation of the national budget constraints can be cited for either large countries like Germany, France, Italy, in the early 2000s ...
Editorial Statement Trump and the Collapse of Neoliberal Economic
... visible across the global south, and the outcome has ushered in civil wars, military coups, ethnic and religious strife with hundreds of thousands, if not already millions, dead. Europe and the U.S. witnessed the loss of jobs, cyclical recessions, almost a depression level of loss in manufacturing a ...
... visible across the global south, and the outcome has ushered in civil wars, military coups, ethnic and religious strife with hundreds of thousands, if not already millions, dead. Europe and the U.S. witnessed the loss of jobs, cyclical recessions, almost a depression level of loss in manufacturing a ...
Implications for Ghana Implications for Ghana
... The last 20 years have seen real GDP growing at a steady state of ...
... The last 20 years have seen real GDP growing at a steady state of ...
GFC: Cause and consequences
... • Existing capital requires a higher return • Need to scale back capital • Fall in equity markets also reduces wealth • Rise in household risk premia reduces future ...
... • Existing capital requires a higher return • Need to scale back capital • Fall in equity markets also reduces wealth • Rise in household risk premia reduces future ...
Governing the Global Economy
... finance ministers of seven developed nations: the U.S., U.K., France, Germany, Italy, Canada and Japan is a product of this crisis where the leaders and finance ministers of those countries started to meet on a regular basis to discuss monetary issues. (good example of multilateralism) ...
... finance ministers of seven developed nations: the U.S., U.K., France, Germany, Italy, Canada and Japan is a product of this crisis where the leaders and finance ministers of those countries started to meet on a regular basis to discuss monetary issues. (good example of multilateralism) ...
No Slide Title
... the recent rise in food prices (which is likely to be temporary). In fact, in the developed world and some emerging regions (notably Asia, the Middle East and Africa), inflation will continue to drift down over the coming year. ...
... the recent rise in food prices (which is likely to be temporary). In fact, in the developed world and some emerging regions (notably Asia, the Middle East and Africa), inflation will continue to drift down over the coming year. ...
OVERVIEW
... are kept constant at current levels for some time followed by limited increases starting from the last quarter of 2011, with policy rates staying in single digits throughout the forecast horizon (3 years). In this respect, non-rate tools will be actively used in order to address the risks on financi ...
... are kept constant at current levels for some time followed by limited increases starting from the last quarter of 2011, with policy rates staying in single digits throughout the forecast horizon (3 years). In this respect, non-rate tools will be actively used in order to address the risks on financi ...
CENTRAL BANK OF THE REPUBLIC OF TURKEY Global Structure, National Orientation:
... Between 1925 and 1929 the total amount of outstanding instalment credit more than doubled, by 1928, with over 21 million cars on the roads, there was roughly one car for every six Americans → car, steel and metal, fuel, textile → construction industry grew nearly 50%: house (suburbs), hotels, factor ...
... Between 1925 and 1929 the total amount of outstanding instalment credit more than doubled, by 1928, with over 21 million cars on the roads, there was roughly one car for every six Americans → car, steel and metal, fuel, textile → construction industry grew nearly 50%: house (suburbs), hotels, factor ...
Visit of the Vice Minister for Foreign Affairs, Ecuador
... • Economies of Scale – 1 billion mobile phones ...
... • Economies of Scale – 1 billion mobile phones ...
The Federal Reserve must prolong the party
... means by a global savings glut is an excess of savings over investment (or income over spending) in much of the world, largely offset by an excess of investment over savings (or spending over income) in a limited number of countries among which the US is predominant. In 2006, the current account sur ...
... means by a global savings glut is an excess of savings over investment (or income over spending) in much of the world, largely offset by an excess of investment over savings (or spending over income) in a limited number of countries among which the US is predominant. In 2006, the current account sur ...
Global Economy Watch
... leveraged households and businesses which have growth potential if it can address its problems with the deficit and high inflation. It has a cut back spending in response. young, fast growing labour force, a large Can the pressure be alleviated? domestic market and its manufacturing Some of Brazil’s ...
... leveraged households and businesses which have growth potential if it can address its problems with the deficit and high inflation. It has a cut back spending in response. young, fast growing labour force, a large Can the pressure be alleviated? domestic market and its manufacturing Some of Brazil’s ...
Policy Reforms after the Crisis Norman Chan
... borrowing by the government was pretty okay. That led to even weaker fiscal discipline over the years, and the result, as we now know, has been devastating. Figure 3 shows the indebtedness of U.S. households, as measured by the ratio of home mortgage and other consumer debt to disposable income. The ...
... borrowing by the government was pretty okay. That led to even weaker fiscal discipline over the years, and the result, as we now know, has been devastating. Figure 3 shows the indebtedness of U.S. households, as measured by the ratio of home mortgage and other consumer debt to disposable income. The ...
Presentation title second line
... ArcelorMittal supports EU three pillar approach to raw materials, including ...
... ArcelorMittal supports EU three pillar approach to raw materials, including ...
Nouriel Roubini
Nouriel Roubini (born March 29, 1958) is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics, an economic consultancy firm.The child of Iranian Jews, he was born in Turkey and grew up in Italy. After receiving a BA in political economics at Bocconi University, Milan and a doctorate in international economics at Harvard University, he became an academic at Yale and a practising economist at the International Monetary Fund (IMF), the Federal Reserve, World Bank, and Bank of Israel. Much of his early research focused on emerging markets. During the administration of President Bill Clinton, he was a senior economist for the Council of Economic Advisers, later moving to the United States Treasury Department as a senior adviser to Timothy Geithner, who in 2009 became Treasury Secretary.