Category Archives: Political economy

The euro’s leverage of competitiveness and its significance for the contrasting economic performance of Germany and Greece

Thanos Skouras, Professor Emeritus at the Athens University of Economics and Business revisits the notion of competitiveness with a view to its historical roots, draws a distinction between “essential” and “apparent” competitiveness, and applies the concepts to a discussion of Greece’s … Continue reading

Posted in General, Labour market, Macroeconomics, Political economy, Product market, Public sector productivity, Uncategorized | 2 Comments

Plus ça change, plus c’est la même chose

“The more things change, the more they stay the same”. Professor Georges Siotis, former member of the Task Force for Greece, writes on the poor track record on reforms and presents three examples of “win-win” reforms that never came to … Continue reading

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Enough is Enough!

Marios Angeletos, MIT, published a post in Huffington Post Greece, in which he explains the reasons why Greeks should vote YES in the referendum on July 5. Read the post here (in Greek).

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The new and the recurring mistake

Article by Elias Papaioannou, published in Kathimerini on 14.6.15 (in Greek). The article draws on ideas expounded in a joint article with Richard Portes and Lucrezia Reichlin published by Project Syndicate.

Posted in Political economy, Uncategorized | 1 Comment

Sign the agreement now!

We have reached the end of a negotiation that took several months and was associated with a debilitating lack of liquidity for the Greek State and for the private sector and with enormous uncertainty. If an agreement with the Europeans is … Continue reading

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Europe will benefit from Greece being given a fresh start

On January 22, 2015, the Financial Times have published a letter signed by eighteen economists, including Nobel Laureates Joseph Stiglitz and Chris Pissarides (GEfR founding member). The letter argues that Europe will benefit from Greece being given a fresh start. … Continue reading

Posted in Banking and finance, Economic development, Europe, General, Macroeconomics, Political economy, Press, Public finance, Uncategorized | Leave a comment

A proposal for curtailment of the shadow economy

The shadow economy is inversely related with the per capita electronic payments in the European countries. The Greek economy is characterized by a surging shadow economy and one of the lower numbers of per capita electronic payments in Europe. Manthos … Continue reading

Posted in Banking and finance, Political economy, Public finance | 1 Comment

Grexit is now less dangerous for the Eurozone

In a full-page interview in the Greek newspaper “Kathimerini” on Sunday, January 11, 2015, Michael Haliassos describes where the Greek adjustment program of the past five years has gone wrong, and why Greece has no room for creating further uncertainties … Continue reading

Posted in Banking and finance, Economic development, Economic research, Europe, General, Macroeconomics, Political economy | Leave a comment

Challenges for the New Greek Government

Article of Costas Meghir (Douglas A. Warner III Professor of Economics, Yale University)   in Greek.

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Panel discussion on “GREXITING the economic crisis”

On March 6, 2013, a panel discussion on the Greek economic crisis took place at the London School of Economics. This was part of a broader set of events taking place during the week of March 4-8, as part of … Continue reading

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