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A Critical Perspective on Economy, Modernity and Temporality in Contemporary Greece through the Prism of Energy Practice

Knight, D., (2014), “A Critical Perspective on Economy, Modernity and Temporality in Contemporary Greece through the Prism of Energy Practice”, Hellenic Observatory GreeSE Paper, N.81. During the Greek economic crisis a focus on energy practice highlights the temporal complexities of local coping strategies. Re-launched in 2011, the European Union supported solar energy initiative encourages installation of futuristic, high-tech photovoltaic panels on fertile agricultural land. Entangled with intricate notions of neo-colonialism …Read More

Greece: Back on Track?

Schrader, Κ., Benček, D. and Laaser, C.F., (2013), “Greece: Back on Track?”, Kiel Institute of the World Economy, Kiel Policy Brief 68, 14 Νοεμβρίου. The message of Greek and European policy at the end of 2012 was clear: The worst of the crisis in Greece was overcome and the government had “delivered” in terms of saving and reforms. But will this image of a recovered Greece that has risen from …Read More

Role of Apprenticeships in Combating Youth Unemployment in Europe and the United States

Aivazova, N., (2013), “Role of Apprenticeships in Combating Youth Unemployment in Europe and the United States”, Peterson Institute for International Economics Policy Brief, N. 13-20. Many of the world’s advanced economies continue to struggle with sluggish growth and high unemployment, especially among younger workers. One reason for high unemployment in countries such as Greece, Portugal, and Spain is a mismatch between the skills demanded by employers and those available among the population. …Read More

Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework

Roaf, J., (2013), “Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework”, IMF Working Paper, N.,13/182. This paper provides a general framework to assess the output and debt dynamics of an economy undertaking multi-year fiscal adjustment. The framework allows country-specific assumptions about the magnitude and persistence of fiscal multipliers, hysteresis effects, and endogenous financing costs. In addition to informing macro projections, the framework can also shed light on the …Read More

The Greek Economic Crisis and the Experience of Austerity

Papadimitriou, D., Nikiforos, M., Zezza, G., (2013), “The Greek Economic Crisis and the Experience of Austerity”, Levy Economics Institute of Bard College, Strategic Analysis, July 2013. Employment in Greece is in free fall, with more than one million jobs lost since October 2008—a drop of more than 28 percent. In March, the “official” unemployment rate was 27.4 percent, the highest level seen in any industrialized country in the free world …Read More

Action Plan on Base Erosion and Profit Shifting

OECD, (2013), Action Plan on Base Erosion and Profit Shifting, 19 Ιουλίου. Taxation is at the core of countries’ sovereignty, but in recent years, multinational companies have avoided taxation in their home countries by pushing activities abroad to low or no tax jurisdictions.  The G20 asked OECD to address this growing problem by creating this action plan to address base erosion and profit shifting. This plan identifies a series of domestic and …Read More

Why Do Governments Default, And Why Don’t They Default More Often?

Buiter, Willem and Rahbari, Ebrahim, (2013), “Why Do Governments Default, And Why Don’t They Default More Often?”, Centre for Economic Policy Research, Μάιος. This paper considers the economic and political drivers of sovereign default, focusing on countries rich enough to render sovereign default a ‘won’t pay’ rather than a ‘can’t pay’ phenomenon. Unlike many private contracts, sovereign debt contracts rely almost exclusively on self-enforcement rather than on third-party enforcement. Among …Read More

Privatizations and Long Run Growth: Doing it Right?

Ioannides, Yannis, (2013), “Privatizations and Long Run Growth: Doing it Right?”, greekeconomistsforreform.com, 7 Απριλίου. Yannis Ioannides, in a presentation at McGill University, Montreal, on April 4, 2013, discussed the issue of privatizations in Greece, as part of the stabilization program and Greece’s agreements with the Troika. Massive privatizations were put on the agenda of negotiations with the lenders, perhaps as a way to make assistance to Greece more palatable to …Read More

Smart choices for growth

Ζachmann, George, (2012), ‘Smart choices for growth’,  Bruegel, 28 Νοεμβρίου. Recovery in Greece, Italy, Portugal and Spain is held back in part by structural barriers. Overcoming these requires structural reform and public investment. Given the limited availability of political and financial capital, prioritising reform efforts and spending is important, but difficult. The different success factors for individual sectors are complementary. Using the example of the high-tech industry, we make the case …Read More

Πως µπορεί να βελτιωθεί το εµπορικό ισοζύγιο της Ελλάδας;

Δαφέρµος, Γιάννης,  Νικολαϊδη, Μαρία (2012), ‘Πως µπορεί να βελτιωθεί το εµπορικό ισοζύγιο της Ελλάδας;’, Παρατηρητήριο Οικονομικών και Κοινωνικών Εξελίξεων ΙΝ.Ε. Γ.Σ.Ε.Ε, Δεκέμβριος. Η βελτίωση του εµπορικού ισοζυγίου της Ελλάδας αποτελείµία από τις αναγκαίες συνθήκες για την έξοδο της χώρας από την οικονοµική κρίση. Η αντίληψη που χαρακτηρίζει το πρόγραµµα προσαρµογής το οποίο εφαρµόζεται στην Ελλάδα τα τελευταία χρόνια είναι πως η συγκεκριµένη βελτίωση θα προέλθει κατά κύριο λόγο από τηµείωση …Read More