approach is positive, or non-normative; it can't predict the future, but is can make statements of an if A then B type.
경제적인 접근은 명확하거나 혹은 표준(규범)적이지 않다. 그것은 미래를 예언 할 수는 없으나 만약 A가 그렇다면 B일것이다라는 타입으로 설명 할 수는 있다.
8. Because of their individualistic approach, economists tend to l
Single European Act
- Functionalism & Intergovernmentalism
Revival in economic and political co-operation in Western Europe
- The removal of non-tariff barriers, Integration market – financial service
- Monetary integration and coordination of macroeconomic policy
Change of Institutions
- Majority Voting for the Council Ministers
The U.S government has used three types of instruments to expand credit.
Method 1: The Discount Window
The Federal Reserve has greatly expanded its discount operations.
the Term Auction Facility
the term asset-backed loan facility.
Method 1: The Discount Window
Although the TALF would seem to be the method of relief involving the least expenditure of federal money and also the least dir
B) US Economic
Nobody can sure When U.S economic will be good. There are complicated problem in U.S economic crisis. From microeconomic to macroeconomic like fiscal policies they have a bunch of problems. Some Economist said that there are some signs which show U.S economic are getting out from the crisis. However, Sub-mortgage problem has not solved yet. Also unemployment rate is still high
2) Managing external debt using sustainability indicators
External debt management involves balancing resource mobilization and deployment as well as orderly repayment of future obligations. For sustainable debt management, policy makers need to project accurate debt dynamics that are sensitive to the way the current account deficits are being financed. If borrowed resources are not used produ