How to understand the costs of dismissal in a DUAL market
Posted by in European Economy on March 24th, 2009
The speech of the governor concentrated in the positive aspect to lower the price of the dismissal: the stimulus to new hirings. The public opinion, Government and unions have concentrated in the negative aspect of the proposal: to smaller cost of dismissal, more dismissals. Both are right and the fundamental question is what effect would [...]
At time of crisis
Posted by in European Economy on March 21st, 2009
Another pernicious effect of duality has to do with the little wage flexibility of our labor market. At time of crisis, the mass of workers with temporary contracts serves as mattress the companies in hardships and favors that the unions respond to the interests of the wage raised workers `protegidos’ fixing unreal and superiors to [...]
A proposal to leave the crisis: credit cards free
Posted by in European Economy on March 17th, 2009
So far the interest of Obama to reactivate the economy through the public investment and capitalization of the banks is clear. On the other hand, the banks and financial institutions are working hard to recover of the financial crisis and not committing the same errors of the past. One of the sectors most important that [...]
Economic storm in East Europe
Posted by in European Economy on March 14th, 2009
When in summer of 2007 the financial crisis exploded, with the epicenter located in the USA, it was gotten to think that the emergent ones not only could be maintained to the margin of the economic and financial adjustment of the great countries, but also that could serve as counterbalance to the fall of the [...]
Economic crisis
Posted by in European Economy on March 11th, 2009
The serious and tremendous financial crisis which unfortunately we are attending has made clear, among other things, total liberalization to it of the markets of capitals can cause damages. For that reason many economists are pleading for certain restrictions to the total freedom of movements of capitals. In this sense, the meeting of the G-20 [...]
Guaranteeing the deposits.
Posted by in European Economy on March 8th, 2009
You are going to allow to me that reflections a little in high on the crisis. This morning a companion of the department of Marketing (Teresa Serra? thanks), it has sent east video to us that appeared in the English television at the beginning of year ( http://www.invertired.com/quimu/videos/25/3) and in which two humorists imitate an [...]
Technical recession
Posted by in European Economy on March 5th, 2009
The NSI finishes publishing this morning the data of the Quarterly National Accounting corresponding to the last trimester of the past year. Like he was known well, after the publication as much of the Economic Bulletin of the Bank of Spain like of the advanced data of the growth, already we can say that we [...]
Solution to the extermination of the fishing-grounds of the planet.
Posted by in European Economy on March 2nd, 2009
Many scientists are of the opinion who we have fished and we continued fishing of excessive form and that for this reason many marine species are being extinguished. It demands the urgent necessity to introduce changes in the policy and the instruments with the purpose of to restrain the free access to the resources of [...]
Democracy and economy
Posted by in European Economy on March 1st, 2009
In its entrance of yesterday, Rafa Pampillón spoke to us of the index of economic freedom of Heritage Foundation. Today it would want to refer me to another index of institutional quality that finishes appearing. Concretely, this Monday, 12 of January, think-tank Freedom House published the edition corresponding to 2009 of its annual study ?Freedom [...]
China applies expansive policies to avoid the crisis.
Posted by in European Economy on February 26th, 2009
Expansive monetary policy The central bank of China is lowering the types of interest quickly with the purpose of to stimulate the economic growth. The central bank also reduced the box coefficient (also called of legal reserves) so that the banks can give more money. The intention of the monetary authority is to assure an [...]