Macroeconomic Policies and Economic Growth

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Economics and Finance".

Deadline for manuscript submissions: 28 February 2025 | Viewed by 896

Special Issue Editors


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Guest Editor
Department of Management Science and Technology, School of Economics and Technology, University of Peloponnese, 22100 GR Tripolis, Greece
Interests: macroeconomics; international economics; economic growth and development, quantitative methods, and econometrics and econometrics; international macroeconomics; European economic integration

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Guest Editor
Department Economics, University of Patras, 26504 Patras, Greece
Interests: macroeconomics; international macroeconomics; European integration; economic growth

Special Issue Information

Dear Colleagues,

It is a pleasure to call for papers for the Journal of Risk and Financial Management “Macroeconomic Policies and Economic Growth” Special Issue.

Macroeconomic policies, encompassing monetary, fiscal, and exchange rate policies, are pivotal in determining a country's economic growth trajectory, influencing key economic indicators like inflation, unemployment, and national output. This is a topic examined by this Special Issue, which will delve into how central banks manage the money supply and interest rates to control inflation and stimulate growth, highlighting the trade-offs between encouraging borrowing and spending versus the risk of inflation. Fiscal policy will be explored through government spending and taxation decisions, emphasizing how infrastructure investment and tax cuts can boost growth while also potentially increasing budget deficits and public debt.

This Special Issue will accept original theoretical and empirical papers that study, among other topics, the need for a balanced approach in macroeconomic policymaking, considering both short-term impacts and long-term sustainability. It will also address the global implications of these policies, noting their influence on international capital flows and exchange rates. By providing a comprehensive analysis, this SI aims to enhance our understanding of how strategic macroeconomic management can foster stable and sustained economic growth.

We look forward to reviewing your submissions.

Dr. Athanasios Anastasiou
Dr. Athina Zervoyianni
Guest Editors

Manuscript Submission Information

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Keywords

  • monetary policy
  • fiscal policy
  • exchange rate policy
  • interest rates
  • money supply
  • government spending
  • taxation

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Published Papers (1 paper)

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Research

16 pages, 375 KiB  
Article
The Impact of Shipping Connectivity on Environmental Quality, Financial Development, and Economic Growth in Regional Comprehensive Economic Partnership Countries
by Xhelil Bekteshi, Sevdie Alshiqi, Bartosz Jóźwik, Fatma Gul Altin, Mesut Dogan and Tatyana Petrossyants
J. Risk Financial Manag. 2024, 17(12), 559; https://doi.org/10.3390/jrfm17120559 - 15 Dec 2024
Viewed by 632
Abstract
This study investigates the relationship between shipping connectivity, environmental quality, financial development, and economic growth among 14 countries in the Regional Comprehensive Economic Partnership (RCEP) from 2006 to 2019. Using panel-corrected standard error, Dynamic Seemingly Unrelated Regression, and Driscoll–Kraay estimation methods, the analysis [...] Read more.
This study investigates the relationship between shipping connectivity, environmental quality, financial development, and economic growth among 14 countries in the Regional Comprehensive Economic Partnership (RCEP) from 2006 to 2019. Using panel-corrected standard error, Dynamic Seemingly Unrelated Regression, and Driscoll–Kraay estimation methods, the analysis reveals that shipping connectivity significantly contributes to financial development and economic growth, while also exerting a negative impact on environmental quality. These findings suggest that the maritime sector can have significant impacts not only on economic growth and financial development but also on environmental sustainability. In countries where maritime shipping has increased, particularly with the growth of trade, positive outcomes are observed in terms of financial development and economic growth, while negative impacts on environmental quality are also evident. This study provides insights for policymakers to develop strategies that maximize economic benefits while reducing environmental harm in order to achieve sustainable development in the maritime sector. Full article
(This article belongs to the Special Issue Macroeconomic Policies and Economic Growth)
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