Oppers, E., (2013), “Giving Credit Where Credit is Due: How to Design Policies that Work”, IMF direct, 02 Οκτωβρίου. What’s up with weak credit? Five years into the economic crisis credit is still barely growing, and even declining in many advanced economies. Weak credit growth is a major factor holding back the economic recovery and governments have tried every policy they can come up with to jumpstart credit. Still, banks …Read More

Steinbock, D., (2013), “Europe’s Eroding Foreign Investment”, EconoMonitor, 02 Οκτωβρίου. Today foreign direct investment (FDI) is driven by emerging nations and the impending unwinding of U.S. monetary stimulus. In Europe, the lingering debt crisis is reflected in the dramatic plunge of FDI inflows. In the postwar era, the degree of global economic integration was still relatively low. As a result, international trade played a vital role in global growth. Today, …Read More

Marzinotto, B., (2013), “The euro complements Northern European economies more effectively than those in Southern Europe”, Europeans Politics and Policy Blog, 02 Οκτωβρίου. Why has the Eurozone crisis affected Southern European countries more severely than Northern European countries? Benedicta Marzinotto writes that it is necessary for monetary and fiscal policies to complement structural factors within an economy, such as labour market institutions. She argues that the transition to the euro …Read More

Henriksen, E., Kydland, F. and Šustek, R., (2013), “Independent monetary policies, synchronised outcomes”, VoxEU, 02 Οκτωβρίου. The monetary policy for Eurozone members is one-size-fits-all in an economic area rife with economic differences. Does this really make a difference? This column argues that even if each EZ member state had a fully independent monetary authority, monetary policies would likely still appear highly synchronised across EZ members.   Σχετικές Αναρτήσεις Fernandes, S. …Read More