Castelló-Climent, A. & Doménech, R. (2014) “Human capital and income inequality: Some facts and some puzzles“, VoxEU Organisation, 23 Απριλίου. Most developing countries have made a great effort to eradicate illiteracy. As a result, the inequality in the distribution of education has been reduced by more than half from 1950 to 2010. However, inequality in the distribution of income has hardly changed. This column presents evidence from a new …Read More
Is German Policy The Greatest Eurozone Threat? A Response To Jürgen Stark
Fazi, T. (2014) “Is German Policy The Greatest Eurozone Threat? A Response To Jürgen Stark“, Social Europe Journal, 16 Απριλίου. In a recent article published in the Financial Times, Jürgen Stark, a former member of the ECB’s executive board, brings the anti-inflation paranoia that the German establishment has accustomed us to since the start of the crisis to a whole new level. In his commentary, he rebuts the need …Read More
Βιβλιοθήκη » EE » Πολιτική » Άρθρα Γνώμης
Global value chains in the current trade slowdown
Ferrantino, J. M. & Taglioni, D. (2014) “Global value chains in the current trade slowdown”, VoxEU Organisation, 06 Απριλίου. Recent growth in trade has decelerated significantly since its sharp recovery in 2010. This column discusses the role of global value chains in international trade and their contribution to the trade slowdown. Trade in complex products organised by global value chains, in particular motor vehicles, has been more sensitive to …Read More
European Banking Union: Current Outlook and Short-Term Choices
Véron, N. (2014) “European Banking Union: Current Outlook and Short-Term Choices”, Statement presented at the conference “Banking Union and the Financing of the Portuguese Economy,” Assembleia da Republica/ Portuguese Parliament, Lisbon, 26 Φεβρουαρίου. The launch of Europe’s banking union on June 29, 2012, was arguably the European Union’s most consequential policy initiative since the start of its financial crisis in mid-2007. Banking union, defined as the transfer of banking …Read More
The German Leadership Question
Issing, O. (2014) “The German Leadership Question”, Project Syndicate, 14 Απριλίου. FRANKFURT – Many in the eurozone’s crisis countries complain that the source of their suffering is a rigid economic-austerity regime – including reductions in wages and pensions, tax increases, and soaring unemployment – imposed on them by Germany. Hostility against Germany has reached a level unseen in Europe since the end of World War II. And yet, despite …Read More
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The Price is Wrong
Fatas, A. (2014) “The Price is Wrong”, Antonio Fatas on the Global Economy Blog, 14 Απριλίου. The Euro area inflation came lower than expected in March and this has raised concerns about deflation (or “lowflation” as labelled by the IMF). In today’s Financial Times, Jurgen Stark, a former ECB board member argues that deflation or low inflation is not a problem. One of his arguments is that there are …Read More
Βιβλιοθήκη » EE » Οικονομία » Άρθρα Γνώμης
Berlin Fears a High Court Ruling Could Threaten the European Union
Lanthemann, M. (2014) “Berlin Fears a High Court Ruling Could Threaten the European Union“, Geopolitical Weekly, Stratfor, 15 Απριλίου. The Greek economy ended its four-year exile from international markets last week with a triumphant 3 billion euro (about $4.1 billion) bond sale. The global financial media trumpeted this somewhat unexpected achievement as a sign that things were finally turning around in the European Union’s most blighted country. Media reports …Read More
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A black cloud over the EU?
Sakalis, A. (2014) “A black cloud over the EU?”, Euro Crisis in the Press, LSE, 14 Απριλίου. The newly announced Le Pen-Wilders alliance in the European parliament has re-ignited speculation about the rise of the far-right in Europe. What can we expect from this new EU supergroup? The recent success of the Front National in French local elections, as well as the announcement of a Le Pen-Wilders alliance in …Read More
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A success story for the EU and seasonal workers’ rights without reinventing the wheel
Lazarowicsz, A. (2014) “A success story for the EU and seasonal workers’ rights without reinventing the wheel“, European Policy Centre (EPC) Publications, 28 Μαρτίου Despite the economic crisis with resulting high unemployment, EU economies face vacancies across the skill spectrum. At the low end there is a structural need when it comes to seasonal work. The Seasonal Workers Directive was launched at the same time as the Inter-Corporate Transferees …Read More
Βιβλιοθήκη » EE » Κοινωνία » Οικονομία » Κείμενα Πολιτικής
Taxing, spending, and inequality – what is to be done?
Clements, B., Coady, D., De Mooij, R. & Gupta, S. (2014) “Taxing, spending, and inequality – what is to be done?“, VoxEU Organisations, 15 Απριλίου. The causes and consequences of rising inequality have stirred a lively debate on appropriate policy responses. This column reviews how governments have successfully used fiscal policy to address distributive concerns. It also examines the policy alternatives that countries can pursue in order to reduce …Read More
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