Gros, D. (2015) “A Greek Way Out?“, Economic Policy: Commentaries, Centre for European Policy Studies, 05 Φεβρουαρίου. In his analysis of the basic compromise that is emerging between the new left-wing government of Greece and its European partners, Daniel Gros emphasises that the key element will be how the real problem, namely liquidity, is dealt with. Σχετικές αναρτήσεις: Stockman, D. (2015) “History In the Balance: Why Greece Must …Read More
Stiglitz, J. (2015) “A Greek Morality Tale“, Social Europe Journal, 04 Φεβρουαρίου. When the euro crisis began a half-decade ago, Keynesian economists predicted that the austerity that was being imposed on Greece and the other crisis countries would fail. It would stifle growth and increase unemployment – and even fail to decrease the debt-to-GDP ratio. Others – in the European Commission, the European Central Bank, and a few universities …Read More
Ταγκαλάκης, Α., “Πιθανά Φορολογικά Οφέλη από την Επιτάχυνση της Οικονομικής Ανάπτυξης“, στο Οικονομικό Δελτίο, Τεύχος 40, Τράπεζα της Ελλάδος: Ευρωσύστημα, Δεκέμβριος 2014. Η Ελλάδα έχει σημειώσει εντυπωσιακή πρόοδο σε δημοσιονομικό επίπεδο τα τελευταία χρόνια. Ειδικότερα το 2013 επιτεύχθηκε πρωτογενές πλεόνασμα (σε όρους του Προγράμματος Οικονομικής Προσαρμογής–ΠΟΠ) ύψους 1,2% του ΑΕΠ (έναντι στόχου στο ΠΟΠ για μηδενικό πρωτογενές αποτέλεσμα) για πρώτη φορά από το 2002. Επιπλέον, το πρωτογενές αποτέλεσμα βελτιώθηκε …Read More
Stockman, D. (2015) “History In the Balance: Why Greece Must Repudiate Its “Banker Bailout” Debts And Exit The Euro“, David Stockman’s Contra Corner Blog, 02 Φεβρουαρίου. Now and again history reaches an inflection point. Statesman and mere politicians, as the case may be, find themselves confronted with fraught circumstances and stark choices. February 2015 is one such moment. For its part, Greece stands at a fork in the road. Syriza can move aggressively to recover Greece’s …Read More
Pini, P. & Antonioli, D. (2015) “We Need An Industrial And Innovation Policy For Europe“, Social Europe Journal, 30 Ιανουαρίου. The prolonged economic crisis since 2008 has drastically reduced incomes and employment levels and the promised recovery will not reabsorb unemployment, particularly in Europe. Nevertheless, economic policy in Europe is sticking to past recipes based on two mainstays: fiscal austerity and labour flexibility. This strategy does increase the short-run …Read More
Campos, F. N. & Coricelli, F. (2015) “Why did Britain join the EU? A new insight from economic history“, VoxEU Organisation, 03 Φεβρουαρίου. Britain eschewed EU membership in the late 1950s but changed its mind in the early 1960s, only to be rebuffed by Charles de Gaulle. Membership came only in the early 1970s. This column argues that, among others, Britain joined the EU as a way to avoid …Read More
Dehousse, R. & Rozenberg, O. (2015) “There has been a substantial drop in EU legislative output since 2010“, LSE EUROPP, 03 Φεβρουαρίου. A common argument made against the European Union by Eurosceptic politicians is that the EU creates a burden on citizens and businesses by producing too much legislation. But how much legislation does the EU actually produce? Renaud Dehousse and Olivier Rozenberg present data on both the raw …Read More
Krugman, P. (2015) “Who’s Unreasonable Now?“, The New York Times, 02 Φεβρουαρίου. OK, so as I understand the latest from the new Greek government, Yanis Varoufakis is saying that he and his colleagues don’t care what happens to the headline value of the debt — if you want to claim that there has been no write-off, OK. What they want instead is substantive but not outrageous relief from the …Read More
Beck, Τ. (2015) “Groundhog Day in Greece, VoxEU Organisation, 02 Φεβρουαρίου. The Greek-Troika conflict is roiling markets, boardrooms and cabinet offices around the world. Crises are best solved by recognising losses, allocating them and moving on, so the biggest risk, this column argues, is that a compromise kicks the can further down the road. As the can rolls on, the scenery becomes politically and socially less attractive – fuelling …Read More
Moumoutzis, K. (2015) “Is SYRIZA just another Greek party that does not know what to do?“, Europe on the Strand Blog, 01 Φεβρουαρίου. Less than a week after SYRIZA’s (Coalition of the Radical Left) electoral victory, uncertainty regarding the newly formed Greek government’s economic policy has increased. In a statement emailed to Bloomberg News, Greek Prime Minister Alexis Tsipras said: ‘we need time to breathe and create our own …Read More
