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Tightening tensions: fiscal policy and civil unrest in South America 1937–95
On 1 May 2010 the Greek Prime Minister George Papandreau announced a set of drastic austerity measures. May Day itself saw clashes between police and demonstrators. On 5 May a general strike paralyzed the country armed demonstrators fought street battles with police. A bank burned down and numerous ...
Fiscal policy and macroeconomic performance: an overview
After two decades of relative neglect fiscal policy is back at the center of the economics research agenda. The fiscal developments around the global financial crisis of 2007–09 are undoubtedly a major factor behind that comeback. The large fiscal stimulus packages adopted by many countries in the ...
Pegs downward wage rigidity and unemployment: the role of financial structure
A characteristic of the current crisis in Europe is that countries in its periphery have found themselves increasingly cut off from international financial markets. In the present study we ask how such changes in the financial structure influence the welfare consequences of maintaining a fixed exchange ...
Latin America's access to international capital markets: good behavior or global liquidity?
Latin America has had an active presence in international markets since independence in the early nineteenth century. Participation has been quite volatile, though. International borrowing financed the wars of independence in the early 1800s, but the boom that started in 1822 with a loan to Colombia ...
Acta Comité Ejecutivo N° 1515
Acta mecanografiada
Acta Comité Ejecutivo N° 1285
Acta mecanografiada
Acta Comité Ejecutivo N°1621
Acta mecanografiada
Acta Comité Ejecutivo N°1641
Acta mecanografiada
Acta Comité Ejecutivo N°1670
Acta mecanografiada
Acta Comité Ejecutivo N°1851
Acta mecanografiada