Archive: european-central-bank

Germany, GIIPS And Euro Competitiveness

Greece, Ireland, Italy, Portugal, and Spain (GIIPS) have become increasingly uncompetitive since adopting the euro. But competitiveness is relative,

Australia’s Growth Potential Best In The World

The OECD has cited Australia’s growth potential as ‘clearly standing out as the best’ in the world over the medium

Australia Economic Growth And Employment Outlook Among Best In OECD

The latest OECD Economic Outlook highlights that Australia’s economic growth and employment outlook is amongst the best in the OECD

Germany, Greece And The New European Union Reality

In a financial crisis, policy makers improvise, and in the process set all manner of precedents. In deciding to

The Greek Bailout And A Defective European Financial System

Stock markets reacted euphorically Monday to the massive rescue package announced the night before to prop up crashing European economies.

Europe, Greece And The Wise Men In Brussels

What should we make of this extraordinary moment in European politics? The events that unfolded during the past few

A Greek Failure And The U.S. Economic Recovery

In a manner all too reminiscent of Federal Reserve Chairman Ben Bernanke’s initial dismissal in early 2007 of the subprime

Europe, Greece And A Plan To Save The Euro

The rescue package requested by Greece will, if endorsed, buy the eurozone six months, perhaps a year at most. By

Greece, Italy And Europe’s Sovereign Debt Crisis

The sovereign debt crisis in Greece is still in its infancy and its effect on other vulnerable countries, including Spain,

World Trade And The Global Economic Recovery

As world trade and industrial production continue their impressive acceleration, the global economic recovery is gaining traction. Generally strong

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