Sanjeev Gupta, Michael Keen, Alpa Shah, Geneviève Verdier, (2018), “Digital revolutions in public finance”, Vox, 7 March Digitalisation has vastly increased our ability to collect and exploit the information that governments use to implement macroeconomic policy. The column argues that the ability of governments to use the vast amounts of information held in the private sector on financial transactions are already making fiscal policy more efficient and effective. Problems of …Read More
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Euro-Zone Tapering Is a Delicate Task
Bloomberg View, (2017), “Euro-Zone Tapering Is a Delicate Task”, 25 Οctober On Thursday, the European Central Bank is expected to announce changes to its program of quantitative easing. The threat of outright deflation in the euro zone has eased, so changes are indeed required. The ECB should start getting monetary policy back to normal by scaling back its asset purchases.This could be a delicate task. Inflation is still well below …Read More
GDP up by 0. 5 % in both the euro area and the EU28
Eurostat/GDP up by 0.5% in both the euro area and the EU28/16 May 2017 Seasonally adjusted GDP rose by 0.5% in both the euro area (EA19) and the EU28 during the first quarter of 2017, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. In the fourth quarter of 2016, GDP grew by 0.5% and 0.6% respectively. Relevant Posts …Read More
Greece-Preliminary Draft Debt Sustainability Analysis
At the last review in May 2014, Greece’s public debt was assessed to be getting back on a path toward sustainability, though it remained highly vulnerable to shocks. By late summer 2014, with interest rates having declined further, it appeared that no further debt relief would have been needed under the November 2012 framework, if the program were to have been implemented as agreed. But significant changes in policies since …Read More
Je suis Dijsselbloem ou Varoufakis?
Χατζησταύρου, Φ. (2015) “Je suis Dijsselbloem ou Varoufakis?“, Protagon Website, 04 February. Η πρώτη συνάντηση Βαρουφάκη-Ντάισελμπλουμ φέρνει στη δημόσια συζήτηση ένα θέμα που μέχρι τώρα ήταν αντικείμενο ανάλυσης κυρίως των ενασχολούντων με τη θεσμική λειτουργία της ΕΕ στα οικονομικά θέματα. Ευκαιρία, λοιπόν, να δούμε ποιο είναι το πρόβλημα, γιατί υπάρχει πρόβλημα, και ποιες οι συνέπειές του μέχρι σήμερα. Από το 2010 και μετά οι ευρωπαϊκές κυβερνήσεις ομόφωνα προχώρησαν στην …Read More