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Human Life? 2013 – Measuring Well-Being

OECD, (2013), Human Life? 2013 – Measuring Well-Being, Paris: OECD. Every person aspires to a good life. But what does “a good or a better life” mean? The second edition of How’s Life? paints a comprehensive picture of well-being in OECD countries and other major economies, by looking at people’s material living conditions and quality of life across the population. In addition, the report contains in-depth studies of four key …Read More

The Cypriot Economic Collapse

Pegasiou, A., (2013), “The Cypriot Economic Collapse: More Than a Conventional South European Failure”, Mediterranean Politics, Volume 18, Issue 3, pp. 333-351. In trying to assess the causes behind Cyprus’s request for a financial bailout, the paper takes a step back and reviews the economy of the island within a comparative political economy framework. With reference made to varieties of capitalism (VoC) literature, the paper sets a twofold target. Initially, …Read More

EU 2013 Report on Policy Coherence for Development

European Commission, (2013), “EU 2013 Report on Policy Coherence for Development”, Commission Staff Working Document, SWD(2013) 456, Οκτώβριος. Τhe European Commission published its report on policy coherence for development which lays out the progress made by the EU and its Member States in ensuring that their action in areas such as trade, agriculture, security or migration is in line with the goal of overcoming poverty in developing countries. The report …Read More

What’s wrong with Europe?

Rota Baldini, I. and Manasse, P., (2013), “What’s wrong with Europe?”, VoxEU, 04 Νοεμβρίου. Unlike the US, Europe is struggling to recover from the crisis. This is especially the case in certain European countries. This column discusses why the process of convergence in the Eurozone has slowed down. It proposes a way for European institutions to cope with the structural problems – with individual country-level reforms and a federal budget. …Read More

Quarterly Report on the Euro Area

European Union, (2013), Quarterly Report on the Euro Area, Volume 12, No. 3, pp. 1-34. The volume contains: Focus: Financial dependence and growth since the crisis.  [εδώ] Labour costs pass-through, profits and rebalancing in vulnerable Member States. [εδώ] Cross-border spillovers in confidence. [εδώ] The focus section takes a look at the relationship between growth and finance at the level of industrial sectors and shows that more developed financial markets have, …Read More

Europe’s Elusive Growth Consensus

Pisani-Ferry, J., (2013), “Europe’s Elusive Growth Consensus”, Project Syndicate, 31 Οκτωβρίου. In most European countries, GDP per capita is currently lower than it was six years ago. In some cases, like Greece, Italy, and Ireland, it is more than 10% lower. Even in Germany, where it is higher, average growth over the last six years has been anemic. It is hard to overestimate the adverse consequences of this state of …Read More

Fawlty Europe

Charlemagne, (2013), “Fawlty Europe”, The Economist, 01 Νοέμβριος. “DON’T mention the war” is the catchphrase from one of the best-loved scenes in “Fawlty Towers”, a British television comedy series. John Cleese plays the eccentric owner of a small-town hotel who causes uproar by incessantly and rudely talking about the war to his German guests. These days in Brussels the equivalent catchphrase about Germans has been “Don’t mention the surplus”. It …Read More

Statistics Show Bailout Countries’ Slide Away from EU Targets

Stevis, M., (2013), “Statistics Show Bailout Countries’ Slide Away from EU Targets”, The Wall Street Journal, 29 Οκτωβρίου. Euro-zone countries in bailout programs have slipped away from the European Union’s targets for economic and social performance, a number of detailed statistical indicators show. The backtracking was made evident Tuesday when Eurostat, the EU statistics agency, presented aggregated data on a set of goals that form Europe’s 2020 Strategy. The program …Read More

Blogs review: The comparative performance of fixed and flexible ER regimes

Cohen-Setton, J., (2013), “Blogs review: The comparative performance of fixed and flexible ER regimes”, Bruegel, 29 Οκτωβρίου. Andrew Rose recently published a provoking paper, which shows that the choice of the exchange rate regime has had little influence on economic outcomes in the Great Recession. While the empirical analysis of the paper excludes EMU countries, this result has challenged the consensus that life outside the euro would have been easier …Read More

Entrepreneurship and Investment Opportunities in Greece Today

Endeavor, (2013), Entrepreneurship and Investment Opportunities in Greece Today, Athens: Endeavor Greece, Η μελέτη με τίτλο Επιχειρηματικές και Επενδυτικές Ευκαιρίες στην Ελλάδα Σήμερα εκπονήθηκε με την αφορμή της συμπλήρωσης ενός χρόνου λειτουργίας της Endeavor Greece. Η μελέτη παρουσιάζει δεδομένα για νέες επιχειρηματικές δραστηριότητες και προσδιορίζει το βαθμό αλλαγής του μοντέλου ανάπτυξης της Ελλάδας από την αρχή της οικονομικής κρίσης. Επίσης, αξιοποιεί στοιχεία έρευνας και συνεντεύξεις με ειδικούς από το δίκτυο …Read More