austerity

11
avril

The distributional effects of the 2007-2008 crisis and aftermath government policies in Portugal (Etude)

This article provides detailed insights into the distributional effects of the 2007-2008 crisis and aftermath government policies, in Portugal. It sheds new light on the distributional consequences of aggregate crises and crisis-coping policies, providing useful information for improving their design.   Summary: The 2007-2008 crisis and aftermath government policies had sig [...]

16
avril

Global Governance: the importance of regionalism

As economies are (slowly) exiting from the global financial crisis, a re-assessment of the role of international institutions is taking place. This blogspot reviews the current debate. International institutions are relatively specialized in their activities, and simplifying, the World Bank (WB) focuses on development, the International Monetary Fund (IMF) on macrofinancial issues, the Worl [...]

25
février

Greece: a new agreement

The Eurogroup reached an agreement on Greece last week (with the Greek government’s comment), reviewed in details in EuroIntelligence:   · The deal extends the Master Financial Assistance Facility Agreement (MFAFA) for up to four months (end of June), which is two months short of what Athens requested. There is no mention about any third bailout program, neither [...]