3 resultados para Consortium of National
em Corvinus Research Archive - The institutional repository for the Corvinus University of Budapest
Resumo:
The economic and financial crisis of 2007/2009 has posed unexpected challenges on both the global and the regional level. Besides the US, the EU has been the most severely hit by the current economic crisis. The financial and banking crisis on the one hand and the sovereign debt crisis on the other hand have clearly shown that without a bold, constructive and systematic change of the economic governance structure of the Union, not just the sustainability of the monetary zone but also the viability of the whole European integration process can be seriously undermined. The current crisis is, however, only a symptom, which made all those contradictions overt that were already heavily embedded in the system. Right from the very beginning, the deficit and the debt rules of the Maastricht Treaty and the Stability and Growth Pact have proved to be controversial cornerstones in the fiscal governance framework of the European Economic and Monetary Union (EMU). Yet, member states of the EU (both within and outside of the EMU) have shown an immense interest in adopting numerical constraints on the domestic level without hesitation. The main argument for the introduction of national fiscal rules was mostly to strengthen the accountability and credibility of national fiscal policy-making. The paper, however, claims that a relatively large portion of national rules were adopted only after the start of deceleration of the debt-to-GDP ratios. Accordingly, national rules were hardly the sole triggering factors of maintaining fiscal discipline; rather, they served as the key elements of a comprehensive reform package of public budgeting. It can be safely argued, therefore, that countries decide to adopt fiscal rules because they want to explicitly signal their strong commitment to fiscal discipline. In other words, it is not fiscal rules per se what matter in delivering fiscal stability but a strong political commitment.
Resumo:
Mhelytanulmnyunk a nemzeti versenykpessg vllaltokon tli dimenzijval kvn foglalkozni. A felgyorsult globalizci kornak vilggazdasgi krnyezetben, ahol a nemzetkziesedett nagyvllalatok rendelkeznek az erforrsok s a kzvetlen beruhzsok jelents rsze felett s az egyes regionlis piacok folyamatai gyorsan ttevdnek ms rgikra, a gazdasgpolitika s tgabb rtelemben az llam mozgstere s feladata megvltozott. Ez az orszgokra nzve azt jelenti, hogy a stabil zleti krnyezet megteremtsvel s az emberi erforrs illetve a technolgiai infrastruktra, mint httrerforrsok fejlesztsvel kpesek hossztvon megalapozni a gazdasgi nvekedst s felzrkzst, fggetlenl attl, hogy az eurpai gazdasgi integrcis krnyezetben valstjk-e meg mindezt. _____ The working paper examines the dimensions of competitiveness over the corporate level. The regional positions are changing quickly and the room for manoeuvre of the economic policy in national level is narrowed for attraction of business activities in the era of quickened globalisation. The countries compete for direct investments with the level of stability in business environment, the quality of human resource, the development of technological infrastructure. The development of background factors determines the economic growth.
Resumo:
The author of this paper reviewing the perceptions of competitiveness reveals the origin and ambiguity of the concept of national competitiveness which is mostly confused with that of development of countries and competitiveness of their enterprises. He investigates the role of transnational companies and governments in shaping the world economic position of countries, presents a critique on the measurement of national competitiveness of countries, and heavily opposes the ideological use of the latter for justifying antisocial measures.
