Archive: european-central-bank
Greece, Ireland, Italy, Portugal, and Spain (GIIPS) have become increasingly uncompetitive since adopting the euro. But competitiveness is relative,
The OECD has cited Australia’s growth potential as ‘clearly standing out as the best’ in the world over the medium
The latest OECD Economic Outlook highlights that Australia’s economic growth and employment outlook is amongst the best in the OECD
In a financial crisis, policy makers improvise, and in the process set all manner of precedents. In deciding to
Stock markets reacted euphorically Monday to the massive rescue package announced the night before to prop up crashing European economies.
What should we make of this extraordinary moment in European politics? The events that unfolded during the past few
In a manner all too reminiscent of Federal Reserve Chairman Ben Bernanke’s initial dismissal in early 2007 of the subprime
The rescue package requested by Greece will, if endorsed, buy the eurozone six months, perhaps a year at most. By
The sovereign debt crisis in Greece is still in its infancy and its effect on other vulnerable countries, including Spain,
As world trade and industrial production continue their impressive acceleration, the global economic recovery is gaining traction. Generally strong
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