Category Archives: Justice

White Paper: “Greece: The way forward”

On 14-15 October 2011, a group of senior policy makers, practitioners and academics met at the London Business School to exchange views on the reforms that Greece should undertake to exit the crisis. The discussion focused mainly on four areas: … Continue reading

Posted in Banking and finance, Healthcare, Justice, Public finance, Public sector productivity | 9 Comments

An institutional bailout plan for Greece

Greece’s bailout plan is failing to meet some of its key objectives. This article argues that the ECB/EU/IMF “troika” should be wary of focusing on short-term goals, such as monthly tax revenues and privatization proceeds, and instead strive for an … Continue reading

Posted in Banking and finance, Justice, Public sector productivity | Leave a comment

Talk at the Economist conference: “Getting Greece back on track: how?”

In an invited talk at the 15th Economist Roundtable with the Government of Greece, Michael Haliassos and Dimitri Vayanos argued that the solution to the economic crisis in Greece lies in a series of deep reforms that will raise productivity. … Continue reading

Posted in Banking and finance, Justice, Labour market, Product market, Public sector productivity | 2 Comments

The injustice of the justice system

A key missing element of the ongoing fiscal adjustment and reform program in Greece is the re-engineering of the anachronistic, slow, and unfair legal system. Drawing from a large body of research, I argue that improving the institutional environment protecting … Continue reading

Posted in Banking and finance, Justice, Public sector productivity | 2 Comments