Search results for "austerity"

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…

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…

Fiscal adjustments and income inequality: a first assessment

2012

Using a statistical approach to identify fiscal adjustments, we find that fiscal consolidation appears to shorten the income gap. Fiscal austerity plans that succeed in bringing public debt to a sustainable path seem to be more likely to reduce inequality. Expansionary fiscal adjustments are particularly important to promote changes in the income distribution.

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

2015

Un’Europa solidale contro una nuova Grande Depressione

2015

The article deals with the effects of austerity policies and it analizes the role of European Union.

Working under pressure: economic recession and third sector development in Europe

2016

Purpose – The context conditions for third sector organizations (TSOs) in Europe have significantly changed as a result of the global economic crisis, including decreasing levels of public funding and changing modes of relations with the state. The effect of economic recession, however, varies across Europe. The purpose of this paper is to understand why this is the case. It analyses the impact of economic recession and related policy changes on third sector development in Europe. The economic effects on TSOs are thereby placed into a broader context of changing third sector policies and welfare state restructuring. Design/methodology/approach – The paper focusses on two research questions…

The Euro's Effect on Trade Balance Dynamics

2015

During the pre-EMU period changes in real effective exchange rate or faster-than-trading-partners growth rates Granger caused changes in trade balance in most of the EMU-12 countries. However, our data driven article provides evidence that after the adoption of euro, these Granger causalities disappeared. We decompose trade balances into intra balances (trade balance vis-a-vis the euro area) and extra balances (trade balance vis-a-vis the rest of the world), and find that the disappearance of dynamic feedback effect typically occurred in the intra balances rather than in the extra balances. Our results imply that debtor countries cannot reduce their trade deficits in the short-run by enhanc…

Asymmetrical Crisis in the European Union: The Example of Greece

2020

The article presents the current economic crisis from an historical perspective, analyzing the building of the monetary integration and the common currency. The process is explained pointing out its effects on the European integration and outlining the positive and negative consequences of the introduction of a common currency in the European Union. The investigation continues with a general outlook of the current situation of the countries more affected by the current crisis, Greece, Ireland, Portugal, Spain and Italy. All of them have in common the necessity of extra funding in a context of austerity, plus some national particularities. The author proposes an expansion in the public spend…

CHANGING SCHOOL AFTER THE GLOBAL RECESSION : THE CASE OF LATVIA

2015

Latvia demonstrates common trends with the majority of the countries affected by the recession, as well as some peculiarities in overcoming the impact of the global economic and financial recession on education mainly due to an unbelievable austerity. Education in this country has suffered greatly, and its damage is adequate to the 67% of the budget cuts between 2008 and 2011 (IZM, 2011). The article deals with the school improvement after the recession, recent implementation of innovations to cover the damages and catch up with the ideas of the Next Generation learning, to supply schools with the appropriate curricula and meeting the learners needs for their individual development and abil…

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…