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Intra-euro rebalancing is inevitable but insufficient

Darvas, Zsolt, (2012), ‘Intra-euro rebalancing is inevitable but insufficient’, www.bruegel.org, 5 Σεπτεμβρίου. Greece, Portugal and Spain face a serious risk of external solvency due to their close to minus 100 percent of GDP net negative international investment positions, which are largely composed of debt. The perceived inability of these countries to rebalance their external positions is a major root of the euro crisis.  

Benchmarking Unemployment Benefit Systems

Stovicek, Klara, Turrini, Alessandro  ‘Benchmarking Unemployment Benefit Systems’, European Economy Economic Papers, N. 454. This paper proposes a methodology for benchmarking unemployment benefits systems, with a view to assess reform needs and priorities. The methodology permits to assess different dimensions of unemployment benefit systems and to consider alternative relevant benchmarks. Looking at all relevant dimensions allows to better gauge how unemployment benefit systems perform in terms of their multi-faceted objectives (such as income …Read More

The Political Economy of the Crisis:The End of an Era?

Tsoukalis, Loukas, (2012), ‘The Political Economy of the Crisis:The End of an Era?’, Dahrendord Symposia Series Working Paper 2012-04. Τhe crisis we are going through will shape Europe and European integration for years to come; it also risks leading Europe down the road to disintegration. The crisis of the euro is part and parcel of a much broader crisis that has resulted from the bursting of the biggest bubble in …Read More

Greece needs plans for growth, not eurozone exit

Katsikas, Dimitris, (2012), “Greece needs plans for growth, not eurozone exit”, www.publicserviceeurope.com, 23 March. The second bail-out agreement for Greece has been hailed by the political elites in Europe and the parties of the Greek governing coalition as a historic achievement that paves the way for the country’s return to normalcy. Nonetheless, as soon as it was signed, a number of analysts criticised it as insufficient and predicted that in …Read More

Κριτική Αποτίμηση της Ευρωπαϊκής Χρηματοπιστωτικής Μεταρρύθμισης; Επιτεύγματα, Αποτυχίες και Μελλοντικές προκλήσεις

Κατσίκας, Δημήτρης, (2011), ‘Κριτική Αποτίμηση της Ευρωπαϊκής Χρηματοπιστωτικής Μεταρρύθμισης; Επιτεύγματα, Αποτυχίες και Μελλοντικές προκλήσεις’, ΕΛΙΑΜΕΠ, Θέσεις 2/2011. Στις Θέσεις ΕΛΙΑΜΕΠ 2/2011 ο Δημήτρης Κατσίκας επισημαίνει ότι από την στιγμή που ξέσπασε η χρηματοπιστωτική κρίση, η Ευρωπαϊκή Ένωση (Ε.Ε.) έχει επιδοθεί στην εφαρμογή ενός φιλόδοξου νομοθετικού προγράμματος, με στόχο την συνολική μεταρρύθμιση του Ευρωπαϊκού χρηματοπιστωτικού ρυθμιστικού πλαισίου. Με το παρόν κείμενο, επιχειρεί μια κριτική αποτίμηση των επιτευγμάτων, αποτυχιών και μελλοντικών προκλήσεων …Read More