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Ireland’s Lessons for Greece

Heise, Michael, (2015),  “Ireland’s Lessons for Greece”, www.project-syndicate.org, 23 Απριλίου. Greece’s government, led by the left-wing Syriza party, is demanding a new deal from its European creditors, claiming that the bailout program provided by the “troika” (the International Monetary Fund, the European Central Bank, and the European Commission) has plunged their country into a spiral of deflation and austerity. But, while no one disputes that things have gone wrong in …Read More

Hall of Mirrors: The Great Depression, The Great Recession, and the Uses-and Misuses-of History

Eichengreen, Barry, (2015), Hall of Mirrors: The Great Depression, The Great Recession, and the Uses-and Misuses-of History, Oxford University Press USA The two great financial crises of the past century are the Great Depression of the 1930s and the Great Recession, which began in 2008. Both occurred against the backdrop of sharp credit booms, dubious banking practices, and a fragile and unstable global financial system. When markets went into cardiac …Read More

Η κλαδική διάσταση του αντιπληθωρισμού στην Ελλάδα

Παναγόπουλος, Γ. (2015), «Η κλαδική διάσταση του αντιπληθωρισμού στην Ελλάδα», Ελληνική Οικονομία, Απρίλιος 2015, ΚΕΠΕ. Σκοπός του συγκεκριμένου άρθρου είναι να αναδείξει αναλυτικά τους κλάδους που έπαιξαν και παίζουν σημαντικό ρόλο στη γένεση και την πορεία του φαινομένου του αντιπληθωρισμού στη χώρα μας, ειδικά μετά τους πρώτους μήνες του 2013. Με τον όρο αντιπληθωρισμό (deflation) εννοούμε τον αρνητικό πληθωρισμό όπου, αντί για τη συνεχή άνοδο των τιμών που αποτελούν τον …Read More

Should Greece Pay Back Its Debt?

Ozlem Onaran (2015) “Should Greece Pay Back Its Debt?“, Social Europe Journal, 23 Απριλίου 2015.   Financial speculators are nervously asking whether Greece will pay its debt or default. Political leaders from Europe to the US and the IMF are telling the Greek government to leave aside its democratic mandate and accept further austerity as a condition for getting credit to continue to pay back its debt. But the right …Read More

Greece: On the Gredge, A Greek exit from the euro may soon become inevitable

Greece: On the Gredge, A Greek exit from the euro may soon become inevitable, The Economist, 25 Απριλίου 2015.   Eventually every long-running drama, from “Downton Abbey” to “Dr Who”, feels formulaic. So it is with Greece’s debt saga. For five years it has followed a wearily familiar script of unpayable debts, aborted reforms and 11th-hour compromises that let the country stagger on inside the single currency. That history has …Read More

Modern Greece: What Everyone Needs to Know

Kalyvas, Stathis (2015), Modern Greece: What Everyone Needs to Know, Oxford University Press. Combines the most up-to-date economic and political-science findings on the current Greek crisis with a discussion of Greece’s history Greece’s economic and political future as a member of the European Monetary Union is very unpredictable at the moment, though the decision will have great repercussions for the rest of Europe and the world Makes original historical connections between …Read More

Η Ελληνική Οικονομία 1/15, Τριμηνιαία Έκθεση

Ίδρυμα Οικονομικών και Βιομηχανικών Ερευνών (ΙΟΒΕ) Η Ελληνική Οικονομία 1/15, Τριμηνιαία Έκθεση, Αρ. Τεύχους 79, 21 Απριλίου 2015.   ΣΥΝΟΠΤΙΚΗ ΕΠΙΣΚΟΠΗΣΗ – ΣΥΜΠΕΡΑΣΜΑΤΑ Σταθεροποίηση της μεγέθυνσης της παγκόσμιας οικονομίας το τρέχον έτος Ο ρυθμός ανάπτυξης της παγκόσμιας οικονομίας σταθεροποιήθηκε στο τελευταίο τρίμηνο του 2014 στο επίπεδο του αμέσως προηγούμενου τριμήνου, όμως ως συνισταμένη ελαφρώς διαφορετικών τάσεων στις σημαντικότερες οικονομικές ζώνες και χώρες από ότι στο τρίτο τρίμηνο. Στις χώρες-μέλη του …Read More

Will this time be different for Greece? How to assess its ability to deliver on the reform agenda

Beblavý, Μ. (2015) “Will this time be different for Greece? How to assess its ability to deliver on the reform agenda“, Centre for European Policy Studies (CEPS) Commentary, 13 Μαρτίου.   Τhis commentary was inspired by the ongoing debate on whether this time will be different for Greece and whether Syriza will deliver on its reform promises to the European partners. It is striking thatthe public debate on such an …Read More

The Greek Surge against Austerity: A Blessing or a Curse for the Eurozone?

Panagiotarea, Eleni (2015) “The Greek Surge against Austerity: A Blessing or a Curse for the Eurozone?“, Heinrich-Böll-Stiftung – European Union, 08 Απριλίου 2015.   Syriza’s advent of power was supposed to seriously challenge the eurozone’s austerity orthodoxy and put an end to an economic adjustment programme, which saw Greece’s GDP fall by 25 per cent and unemployment rise by 26 per cent. The radical-left populist party was instrumental in exploiting …Read More

Blame and Punishment? The Electoral Politics of Extreme Austerity in Greece

Rüdig, W. & Karyotis, G. (2015) “Blame and Punishment? The Electoral Politics of Extreme Austerity in Greece“, Political Studies Association, Vol. 63, Issue 1, πρώτη δημοσίευση: 13 Σεπτεμβρίου 2013, σελ. 2-24.   Can governments that introduce extreme austerity measures survive elections? Contrary to economic voting expectations, the PASOK government in Greece initially appeared to cope quite well, claiming victory in regional elections in 2010 despite widespread anti-austerity protests. In this …Read More