 |
|
The Euro Crisis
The crisis in Greece and other mainly southern Eurozone countries has been discussed primarily as a fiscal issue. World Economics argues that the failure of many countries within the Eurozone to develop adequate internal adjustment mechanisms is also an important factor behind the crisis.
|
 |
|
The Eurozone: What Now?
The financial and economic crisis in Greece has reawakened interest in the future of the euro and the eurozone. World Economics focuses on the longer-term issues to which the crisis gives rise.
|
|
|
Greece and Ireland
A comparison of the economic policies that Ireland and Greece have followed since the early 1990s on four fronts: the general macroeconomic environment and policies, public-sector financial policies, structural policy reforms and taxation policies.
|
 |
|
Understanding the Greek Crisis
This World Economics paper focuses on the distortions that the Greek public debt has imposed on the Greek banking system, and suggests how these can be unwound.
|
 |
|
Greece and the State
Greece’s future lies with rebalancing the economy towards net exports, with tourism and real estate being the primary development motors.
|
|
|
The Unfolding Sovereign Debt Crisis
There has been a massive increase in public sector leverage heaped on top of existing private sector debt. Soon central banks will have to withdraw this liquidity largesse or face a major acceleration in global inflation and another credit bubble.
|
 |
|
Greek Economic Statistics: A Decade of Deceit
World Economics looks at the recent problems in official Greek economic data on public finances, whose reliability has been impaired by inappropriate accounting methods, the application of poor statistical methods and deliberate misreporting.
|