How ICT affects economic growth in the Euro area during the economic crisis

Author(s):  
Eleni Laitsou ◽  
Antonios Kargas ◽  
Dimitrios Varoutas
1998 ◽  
Vol 9 (1) ◽  
pp. 108-111

We, APEC's Economic Leaders, met today in Vancouver, Canada, to reaffirm our commitment to work together to meet the challenge of sustaining regional prosperity and stability. Certain of the dynamism and resilience of the region, we underline our resolve to achieve sustainable growth and equitable development and to unlock the full potential of the people who live here. We agree that the prospects for economic growth in the region are strong, and that Asia-Pacific will continue to play a leading role in the global economy. The goals we have set, including the achievement of free and open trade and investment in the region by the dates set out in the Bogor Declaration, are ambitious and unequivocal.


Author(s):  
A. N. Ryahovskaya

As a result of the global financial and economic crisis, social problems have sharpened significantly. They affect the interest of the most population of the country. The efficiency of anti-recessionary measures and their productivity in the social field are analyzed in the article. According to the adjusted estimates of the RF Government, decrease in actual income of the people will continue and only by the end of 2012 a growth by only 3% to 2008 level is projected. The degree of elaboration and scientific justification of the state turnaround policy are getting special significance.


Author(s):  
Ilona Skibińska-Fabrowska

<p>The financial and economic crisis that has hit many economies in recent years has significantly increased the activity of central banks. After using the standard instruments of conducting monetary policy, in view of the obstruction of monetary impulse transmission channels, they reached for non-standard instruments. Among them, asset purchase programs played a signifciant role. The European Central Bank (ECB) launched the largest asset purchase programme (APP) of this type in 2014 and expired in December 2018. The aim of the undertaken activities was to improve the situation on the financial market and stimulate economic growth. The article reviews the literature and results of research on the effects of the program and indicates the possibility of using the ECB’s experience in conducting monetary policy by the National Bank of Poland.</p>


AdBispreneur ◽  
2016 ◽  
Vol 1 (2) ◽  
Author(s):  
Iwan Nuryan

ABSTRACTGood Corporate Governance (GCG) is a important measure in the corporation an business practice. Some fact that showed lowed rank in the implementation of GCG in Indonesia, had been one of important factors that caused economic crisis and slow face of economic growth in Indonesia, This is had been a trigger to all stakeholders to continue encourage implementation of GCG in Indonesia. There are four important principal in GCG that now continue to encourage, fairness, transparency, accountability, and responsibility.At the level of practice, the application of GCG in Indonesia, especially in BUMN and BUMD is still very low. Some of the obstacles that hinder the implementation of GCG in Indonesia, especially in BUMN and BUMD are the internal constraints, external constraints, and constraints of ownership. To overcome the obstacles it needs to be stressed to continue to raise awareness of all stakeholders about the important of GCG implementation, strengthening the legal basis of GCG implementation, strengthening  government system reform until clean government that free from corruption had been establish, and do some reform throughout the business corporation that runs in Indonesia. Keywords : strategy, GCG, BUMN, BUMD   STRATEGI PENGEMBANGAN DAN PENERAPAN GOOD CORPORATE GOVERNANCE (GCG) BAGI BUMN DAN BUMD DI INDONESIA ABSTRAKGood Corporate Governance (GCG) merupakan sebuah instrumen penting dalam praktek bisnis dan perusahaan. Fakta menunjukkan bahwa rendahnya penerapan GCG di Indonesia telah menjadi salah satu faktor penting terjadinya krisis ekonomi di Indonesia serta lambatnya pertumbuhan ekonomi di Indonesia. Hal ini telah menjadi pendorong berbagai pihak untuk terus mendorong penerapan GCG di Indonesia. Empat prinsip penting dalam GCG yang saat ini terus didorong untuk diterapkan adalah kewajaran, transparansi, akuntabilitas, dan responsibilitas. Pada tataran praktek, penerapan GCG di Indonesia, khususnya pada BUMN dan BUMD masih sangat rendah. Beberapa kendala yang menghambat penerapan GCG di Indonesia, khususnya pada BUMN dan BUMD adalah kendala internal, kendala eksternal, dan kendala kepemilikan. Untuk mengatasi berbagai kendala tersebut maka perlu ditekankan untuk terus meningkatkan kesadaran berbagai pihak akan pentingnya penerapan GCG,   memperkuat   dasar  hukum  penerapan  GCG,   mereformasi  sistem  pemerintahan  hingga terciptanya praktek clean government yang bebas KKN serta reformasi di seluruh korporasi bisnis yang berjalan di Indonesia. Kata kunci : strategy, GCG, BUMN, BUMD


Author(s):  
A. Y. Pluiko

The article analyses the manifestations of a market failure problem revealed during the economic crisis in the euro area, namely business cycles, market inability to ensure money circulation and avoid inflation. It is shown that the cyclicity of economic development has revealed in various degrees of economic contraction and different rates of its recovery. These differences have been exacerbated by the new procyclical factors emerged from the transition to a single currency. As for money circulation the crisis has almost no impact on the single currency functioning: the euro has maintained its position on the world market and properly performed money functions in the domestic. The goal to achieve economic development without inflation in the euro area generally has been solved successfully by the European Central Bank (ECB). However, due to the fact that the ECB in its monetary policy does not pay sufficient attention to the increased inflation in small and relatively poor countries, the crisis has been more acute in them than in large countries with low inflation. The goals of ensuring money circulation and avoiding inflation can be settled more effectively in the euro area in case of more tight coherence in economic policy and strengthening of supranational mechanisms of economic governance.


Author(s):  
Milenko Popovic

This chapter provides an analysis of the proximate causes of growth of the Turkish Economy. Previous researches on this issue have been not only critically reviewed but also used to provide some additional insights on long run growth of Turkish economy. Emphasis of the paper is, however, on causes of growth in the era of globalization. Sources of growth have been analyzed for different sub-periods of this era in order to see how different reforms, like trade and capital account liberalizations, economic crisis and post-crisis policy measures and similar have influenced economic growth of Turkey from 1980 till 2013. Apart from conventional sources of growth analysis, demand and industry side sources of growth analysis have been also given. A lot of interesting insights have been obtained from these analyses.


Author(s):  
Daniel Briggs ◽  
Rubén Monge Gamero

The evolution of Valdemingómez should not just simply be seen as some organic process whereby working class and immigrant people have somehow ended up congregating there in search of economic security and work in the city but as a consequence of macro processes of economic growth and technological advancement and how rural domestic economies submitted to urban industrialization in Spain. Equally, its configuration as a ghetto, compounded by drug markets should not be viewed as a consequence of poverty saturation but of spatial and structural processes which have rendered people in the urban metropolis increasingly socially redundant resulting in their destitution and political disaffection. Here in this chapter, we look at these processes charting the evolution of the Cañada Real Galiana in which is situated Valdemingómez, and how economic change in Spain, which led to the growth of the suburbs, collided with the economic crisis, increasing zonal inequalities in the capital and expanding drug markets.


Author(s):  
Vladimir O. Pechatnov

This chapter analyzes the dynamics of the United States–Soviet Union relations during the Cold War. It describes the evolution of the “strategic codes” on both sides, and how they perceived the nature and prospects of the conflict. The chapter suggests that this relationship can be divided into a number of distinct stages. These include the assessment of the nature and possible prospects of the protracted conflict in 1945–1953, the growing competitiveness of the Soviet Union in the mid-1950s to the late 1960s, the slackening of Soviet economic growth in the late 1970s to the early 1980s, and the economic crisis and economic stagnation of the Soviet Union in the mid-1980s to 1991.


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