Search results for "Austerity"

Latvia: Both Sides of the Economic Recovery Success Story

2016

Latvian social policy is close to the neoliberal model of the welfare state based on macroeconomic indicators of low welfare state spending, high income inequality, low minimum wage and low degree of decommodification. Latvia was among the first countries to be stung by the crisis in 2008. Key words became: austerity, fiscal consolidation and structural adjustment measures. A minimum social safety network was introduced to improve targeted social support. Funding from the European Social Fund was instrumental in mitigating unemployment, facilitating a large temporary works programme. Latvia joined the Euro zone in 2014 and is quite successfully returning loans. Such is one side of the succe…

Opportunities and Challenges in Overcoming the Economic Crisis

2013

Abstract This paper presents the main fundamental concepts concerning the methods of economic analysis: necessity of economic analysis, information system, types of economic analysis, methodologies used for the economic analysis of company, study of the factor which explain the results of the economic analysis of company, stage of the practical analysis. However in relation to conditions of economic crisis. In the same context is presented and analyzed the dictum of Nouriel Roubini, who said: “Stop austerity in the crisis!”. So, this paper analyzes “austerity vs crisis”,“insolvency - good or bad?” and “Sustainable Development” too.

Growing Like Germany: Local Public Debt, Local Banks, Low Private Investment

2021

The paper uses a panel of more than 1m German firms over 2010-2016, to provide the first firm-bank level evidence of local crowding out for a developed economy characterized by low interest rates and fiscal austerity. Our mechanism relies on two structural features of Germany's banking landscape: the local segmentation of credit markets for small and medium-sized firms (SME) and the role of local public banks in local public finance. Local public banks dominate lending to small and medium firms in Germany and also have an explicit mandate to lend to the local public sector. With spreads on local government debt at all-time lows, local public banks tried to break even, using their market pow…

Crisis, economic policy and inequality in Spain

2015

Este trabajo analiza el impacto social que tanto el colapso económico como las políticas desplegadas durante la crisis han producido en España. Esta crisis ha puesto de manifiesto la fragilidad del crecimiento económico español. Además, tanto las medidas de austeridad adoptadas a partir de 2010 como las reformas en el mercado de trabajo y el Estado de Bienestar han empeorado las condiciones de vida de la población. La consecuencia de estos años de crisis y política económica es un aumento explosivo del paro, la reducción de los ingresos personales, la intensificación de la desigualdad y el aumento de la pobreza. This paper analyses the social impact of both the economic collapse and policie…

GREAT ECONOMISTS` APPROACH ON THE ECONOMIC RECOVERY

2012

The current financial crisis triggered in 2007 has affected the economy of all countries in different ways, from the economic and social point of view, with serious consequences at the national level, as well as regional and international one. This paper proposes to identify the new direction to interpret the effect of current financial crisis above the economic and social process; also, we try to identify the steady of research in financial crisis problem.

Silvio’s Party

2015

Italy is going through a new crisis in its party system comparable in many respects to the one that brought down the First Republic at the beginning of the 1990s. On 12 November 2011, against the background of a global economic and financial crisis that hit the southern countries in the euro zone particularly severely with Italy according to the experts threatened with bankruptcy in the same way as Greece and Portugal, Silvio Berlusconi, under pressure from Brussels and the financial markets, was forced to tender his resignation as Italy’s Prime minister. A few days later, the President of the Republic, Giorgio Napolitano, appointed Professor Mario Monti who quickly put together a governmen…

Fiscal consolidation and financial reforms

2015

We use data for a panel of 17 countries over the period 1980-2005 to investigate the impact of fiscal consolidation on the likelihood of financial reforms. We show that fiscal adjustments do not boost the implementation of financial reforms. However, tax-driven fiscal consolidation programs raise the likelihood of banking sector reforms. Moreover, we find that: (i) an increase in the degree of trade openness makes countries less likely to implement financial reforms; (ii) an increase in the interest rate spreads accelerates the path of financial reforms, especially, external capital account reforms; and (iii) an improvement in the quality of political institutions strongly enhances the prob…

Data from the GIPEyOP online election poll for the 2015 Spanish General election.

2020

Abstract The general elections of 2015 in Spain took place in the middle of the Great Recession after several years of austerity economic policies. This election caused a political earthquake that shook the Spanish party system. During the campaign of that election, GIPEyOP (Elections and Public Opinion Research Group from University of Valencia) conducted a survey to collect relevant data about the electorate beliefs, intentions and motivations. This article describes the data set attained, which comprises 71 variables after removing, to ensure full anonymity, those variables that would potentially allow respondents to be identified. Respondents answered a self-administered online question…

Work-related well-being among Finnish frontline social workers in an age of austerity

2015

Análisis sociojurídico de las transformaciones en la provisión de seguridad. Austeridad y aporofobia como racionalidades estructurantes de los derech…

2021

Desde la perspectiva sociojurídica de los estudios de la gobernabilidad, se analiza la evolución de las estrategias de provisión de seguridad, desde su orientación neoliberal hasta el predominio de la austeridad desde la crisis de 2008. Se delimita así un escenario en el que la desigualdad y la aporofobia son elementos fundamentales del marco axiológico hegemónico. Esto es relevante para la configuración y efectividad de los derechos sociales de distintos grupos vulnerables. El artículo se aproxima finalmente a la situación de las empleadas de hogar y de quienes acceden a una vivienda mediante la ocupación de inmuebles vacíos en España.