Search results for "GDP growth"

showing 6 items of 6 documents

Strategic quantitative easing: Stimulating investment to rebalance the economy

2013

The Bank of England’s programmes of Quantitative Easing (QE) and Funding for Lending (FLS) are failing to stimulate GDP and rebalance the economy. Both policies falsely assume that the UK’s risk-averse capital markets, corporate sector and constrained banking system can be nudged into supporting the productive economy. We propose a new approach: one that channels investment directly into new housing, infrastructure and SME lending, boosting productivity and exports. QE must become less scattergun and more strategic, with reformed governance structures to match.

Central Bank Quantitative Easing GDP growth Funding for Lending.Settore SECS-P/01 - Economia PoliticaSettore SECS-P/06 - Economia Applicata
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Discretionary Government Consumption, Private Domestic Demand, and Crisis Episodes

2012

This paper analyzes the dynamic impact of discretionary government consumption purchases on private demand. Using a panel of 132 countries from 1960 to 2008, we find that while discretionary changes in government consumption lead to crowding-in effects in the short run, crowding-out effects take over in the medium run. In addition, we also find that both short-term crowding-in and mediumterm crowding out effects are amplified once we control for periods of crisis.

Consumption (economics)Economics and EconometricsGovernmentCrowding inCrowding-inShort runPrivate investmentControl (management)Social SciencesSettore SECS-P/02 Politica EconomicaTake overMonetary economicsPrivate consumptionCrowding outData_GENERALFiscal policy discretionCrowding-outEuropean integrationGDP growthEconomicsOpen Economies Review
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Fiscal sustainability in the EU: From the short-term risk to the long-term challenge

2015

Abstract The paper analyses fiscal sustainability of public debt using a dynamic computable general equilibrium model. First, we identify the short-term risk for fiscal stress at country level; second, we investigate the assumption of convergence towards the government debt threshold (medium-term challenge); and, third, the requirement that debt projections do not show unsustainable trends (long-term challenge). The empirical implementation includes 18 EU Member States. Our findings show that the constant tax rate that stabilizes the public debt converges to 50 percentage of GDP for all the sample countries and tax revenues are the main driving forces for fiscal sustainability. Also our fin…

MacroeconomicsEconomics and Econometricsmedia_common.quotation_subjectPublic debt.Debt-to-GDP ratioGovernment debtGovernment expenditureTax rateTax revenueDynamic computable general equilibrium modelSettore SECS-P/03 - Scienza Delle FinanzeDebtEconomicsGDP growthInternal debtDebt levels and flowsFiscal sustainabilitymedia_commonConstant tax rate
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Fiscal policy discretion, private spending and crises episodes

2011

In this paper, we assess the impact of fiscal policy discretion on economic activity in the short and medium-term. Using a panel of 132 countries from 1960 to 2008, we find that fiscal policy discretion provides a net stimulus to the economy in the short-run and crowding-in effects are amplified once crisis episodes are controlled for– in particular, banking crises - giving a great scope for fiscal policy stimulus packages. However, crowding-out effects take over in the long-run – especially, in the case of debt crises -, in line with the concerns about long-term debt sustainability.

Settore SECS-P/02 Politica EconomicaFiscal policy discretion GDP growth private consumption private investment crowding-in crowding-out.
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Naftas un gāzes rūpniecības ietekmes analīze uz valsts ekonomisko vidi

2020

Valsts, kura ražo un eksportē naftu parasti tiek uzskatīta par attīstības valsti. Kazahstānas Republika ir viena no attīstības valsts piemēriem ar lielām naftas un gāzes rezervēm. Šī darba pirmajās daļās tiek aprakstīta globālās ekonomikas tekošā situācija naftas un gāzes industrijā, un kādu vietu šī nozare ieņem Kazahstānā. Darba autora veiktie pētījumi, iekļauj sevī PESTLE analīzi, kas uzskatāmi parāda naftas un gāzes industrijas ietekmi uz Kazahstānas ekonomiku, ņemot vērā starptautisko korporāciju ietekmi uz tādām nozarēm kā politika, ekonomika, tehnoloģijas un apkārtējā vide. Pētījuma rezultāti attēlo negatīvas un pozitīvas ietekmes faktoru virkni, kuri savukārt var būt paaugstināti va…

Vadībzinātnemultinational corporationsoil and gas industryGDP growthimpact on the national economyPESTLE analysis
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Assessment of the economic development of Latvia and Ukraine

2020

The global financial crisis and the ensuing global recession not only adversely affected global growth and poverty, but also presented constraints and challenges to public policy. Even though the world economy is slowly returning to growth, the recovery was difficult and lasted for almost 10 years. Preparing for the future requires an assessment of the consequences of the crisis and future challenges. Since 2010 economic growth in Latvia has been one of the fastest in the EU (from 2011-2018, GDP, on average, increased by 3.5% annually), however in 2019 economic growth has moderated. Growth opportunities are limited both by the uncertainty in the external environment (“trade wars” on the glo…

competitivenesseconomics developmentGDP growth:SOCIAL SCIENCES::Business and economics [Research Subject Categories]UkraineLatvia
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