Urs Rohner, (2018), “GDP Should Be Corrected, Not Replaced”, Project Syndicate, 17 Ιανουαρίου The hazards of relying solely on gross domestic product as a measure of overall economic activity have become obvious over time, especially as corporate profits have outpaced GDP growth in key economies. But none of the flaws in GDP are fatal, and policymakers should focus on fixing them, rather than seeking an entirely new framework. Σχετικές Αναρτήσεις …Read More

Grégory Claeys, Maria Demertzis, Konstantinos Efstathiou, Inês Gonçalves Raposo, Pia Hüttl, Alexander Lehmann, (2018), “Analysis of development in EU capital flows in the global context”, Bruegel, 15 Ιανουαρίου The aim of this report is to analyse capital movements in the European Union in a global context. The monitoring and analysis of capital movements is essential for policymakers, given that capital flows can have welfare implications. Free movement of capital can enhance welfare …Read More

Mascherini,  Massimiliano, Ledermaier, Stefanie Vacas‑Soriano, Carlos Jacobs Lena, (2017), “Long-term unemployed youth: Characteristics and policy responses”, Eurofound, 14 Δεκεμβρίου While the youth labour market has improved considerably since 2014, one legacy of the recent economic crisis is the large cohort of long-term unemployed young people, which represents nearly one-third of jobless young people. This report provides an updated profile of the youth labour market in 2016 and describes trends over the past decade. It …Read More

Arnoud Boot, Dirk Schhoenmaker, (2018), “Climate change adds to risk for banks, but EU lending proposals will do more harm than good”, Bruegel, 16 Ιανουαρίου Climate change is a relevant risk factor for the banking sector, but the European Commission’s plan to lower capital requirements for greener investments is irresponsible in encouraging banks to forego proper risk management. Σχετικές Αναρτήσεις Canton, Erik, Solera, Irune, (2016), «Greenfield Foreign Direct Investment and Structural Reforms …Read More

Rober Kalcik, Nicolas Moes and Guntram B. Wolff, (2018), “Does the European Parliament miss an opportunity to reform after Brexit?”, Bruegel, 10 Ιανουαρίου While Brexit negotiations are beginning to progress, the European Parliament is preparing to vote on the possible reallocation of seats following the UK’s departure. With many of the current proposals reflecting Member States’ concerns about losing seats, this paper advocates for options that could better achieve equality …Read More

Lucas Juan Manuel Alonso Alonso, (2018), “Portugal: Euro Zone’s brightening socio-economic outlook”, LSE Euro Crisis in the Press, 9 Ιανουαρίου In the present post, Lucas Juan Manuel Alonso Alonso analyses some of the more important points contained in the OECD’s 2017 Economic Survey of Portugal. It offers an analysis of the socio-economic position of Portugal once the austerity measures are abandoned, highlighting notable improvement in social and salary, employment/unemployment and …Read More

Dani Rodrik, (2018), “In Defense of Economic Populism”, Project Syndicate, 9 Ιανουαρίου Populists’ aversion to institutional restraints extends to the economy, where they oppose obstacles placed in their way by autonomous regulatory agencies, independent central banks, and global trade rules. But while populism in the political domain is almost always harmful, economic populism can sometimes be justified. Σχετικές Αναρτήσεις David Vines Samuel Wills, (2018),  «The rebuilding macroeconomic theory project: an analytical assessment …Read More

Barry Eichengreen, (2018), “Ready or Not for the Next Recession?”, Project Syndicate, 10 Ιανουαρίου Policymakers normally respond to recessions by cutting interest rates, reducing taxes, and boosting transfers to the unemployed and other casualties of the downturn. But, for a combination of economic and political reasons, the US, in particular, is singularly ill-prepared to respond normally. Σχετικές Αναρτήσεις David Vines Samuel Wills, (2018),  «The rebuilding macroeconomic theory project: an analytical assessment «, Oxford …Read More