Harald Sander, Technical University of Cologne European financial markets are already betting on the victory of centrist
Discussions around large current account imbalances among systemically relevant economies as a threat to the stability of the global economy faded out in the aftermath of the global financial crisis.
There is no doubt that the reform program of the 1990s was not ambitious enough. In addition, it was saddled with frequent
Yannis Ioannides is the Max and Herta Neubauer Professor of Economics at Tufts University. It is fortunate that the Fletcher
notes are likely to be the property of the central bank of the MU, stamps need to be easily recognizable and difficult to
That Spartan culture of sacrifice and honor, of courage and commitment, is a fundamental part of the Greek Way. It reflects the values, enterprise, and determination of the people of Greece. They deserve our help and support, and - like the ancient Greeks before them - they will stand with and for us as well.
The rhetoric around central banks now mainly centers on central banks being "out of ammunition" or the associated loss of
It's nice to see that a few IMF economists finally recognize some of the failures of neoliberalism. In recent years there has been some other research at the Fund that acknowledged major mistakes.
Romania is still often thought of as a country that is poor, corrupt, with dysfunctional public institutions and inefficient industry, a country that has yet to emerge from the shadows of its past. In reality, Romania is gradually conquering its longstanding internal issues to emerge as a financially sound country, one that is coming into a new era and in doing so is demonstrating the value of a gradual, cautious, approach to EU integration.
The Brexit referendum need not become a suicide pact. As a legal matter, the Brexit vote is not binding on Parliament, which will need to authorize and set the terms for the negotiation of Britain's exit from the EU under Article 50 process.
It was never about Great Britain; it was always at its kernel about England. There was always a primal, nativist, historically-seated English antipathy to Europe and by extension to the European project.
There is a Mafia-like quality to the threats emanating from EU officials, who are acknowledged to be contemplating how much punishment they can mete out to the UK if the people should dare to vote the wrong way.
It is important to remember what the European Central Bank (ECB) was doing when the "debt crisis turned into a liquidity panic."
The International Monetary Fund has proposed debt relief. Now it just needs Germany to sign on.
By one measure, the economic crisis that has long ravaged Europe is finally over.
President Draghi promised to do whatever it takes to preserve the euro. If the ECB is to provide economic assistance to the
Eight years after the global financial crisis, the world economy as a whole looks mediocre, and Europe's looks bleak at best.