Skip to main content

Home/ Groups/ Global Economy
Rss Feed
Sort By: Most Recent | Popular Filter: All | Bookmarks | Topics Simple Middle
Gene Ellis

PAUL KRUGMAN: Euro crisis: Pay now, or pay more later | PressDemocrat.com - 2 views

www.pressdemocrat.com/...opinion

paul krugman euro crisis pay com

shared by Gene Ellis on 21 May 12 - No Cached
  • Gene Ellis on 21 May 12
     
    MUST READ
Gene Ellis

This crisis cannot be resolved while monetary union remains - Telegraph - 1 views

www.telegraph.co.uk/...le-monetary-union-remains.html

crisis while union remains Olivier Blanchard

shared by Gene Ellis on 19 Apr 12 - No Cached
  • Gene Ellis on 19 Apr 12
     
    important piece quoting Olivier Blanchard
Gene Ellis

The pain in Spain will test the euro - FT.com - 1 views

www.ft.com/...dc-11e1-9e53-00144feabdc0.html

Martin Wolf Global GDP

shared by Gene Ellis on 01 May 12 - No Cached
  • Gene Ellis on 01 May 12
     
    Extremely good Martin Wolf article of March 6, 2012
Gene Ellis

Research - 0 views

econ.worldbank.org/...65141~theSitePK:469382,00.html

research

shared by Gene Ellis on 02 Mar 12 - No Cached
  • Gene Ellis on 02 Mar 12
     
    Lists of research available and links
Gene Ellis

I PAID A BRIBE - 0 views

ipaidabribe.or.ke

shared by Gene Ellis on 07 Mar 12 - No Cached
  • Gene Ellis on 07 Mar 12
     
    Kenya  site
Gene Ellis

Corruption Analysis, Accountability, Fight corruption with I Paid a Bribe - 0 views

www.ipaidbribe.pk

corruption analysis accountability fight

shared by Gene Ellis on 07 Mar 12 - No Cached
  • Gene Ellis on 07 Mar 12
     
    Pakistan site
Gene Ellis

A Measured Rebuttal to China Over Solar Panels - NYTimes.com - 0 views

www.nytimes.com/...s-on-chinese-solar-panels.html

shared by Gene Ellis on 21 Mar 12 - No Cached
  • Gene Ellis on 21 Mar 12
     
    bankruptcy
Gene Ellis

The Doha Trade Talks - Council on Foreign Relations - 0 views

www.cfr.org/...p10555

trade talks council relations

shared by Gene Ellis on 04 Apr 12 - No Cached
  • Gene Ellis on 04 Apr 12
     
    DOHA TRADE TALKS
Gene Ellis

The Internationalist » The BRICS India Summit: Beyond Bricolage? - 0 views

blogs.cfr.org/...-india-summit-beyond-bricolage

shared by Gene Ellis on 04 Apr 12 - No Cached
  • Gene Ellis on 04 Apr 12
     
    BRICS
Gene Ellis

WTO | The Doha Round - 0 views

www.wto.org/...dda_e.htm

shared by Gene Ellis on 04 Apr 12 - No Cached
  • Gene Ellis on 04 Apr 12
     
    The WTO and DOHA
Gene Ellis

Taxing China's Assets | Foreign Affairs - 0 views

www.foreignaffairs.com/...taxing-chinas-assets

china assets affairs

shared by Gene Ellis on 05 Apr 12 - No Cached
  • Gene Ellis on 05 Apr 12
     
    HOW ARE CURRENCIES MANIPULATED?  WHY?
Gene Ellis

"A Centerless Euro Cannot Hold" by Kenneth Rogoff | Project Syndicate - 0 views

www.project-syndicate.org/...a-centerless-euro-cannot-hold

euro hold kenneth project syndicate GDP

shared by Gene Ellis on 05 Apr 12 - No Cached
  • The bad news is that it has become increasingly clear that, at least for large countries, currency areas will be highly unstable unless they follow national borders.
  • With youth unemployment touching 50% in eurozone countries such as Spain and Greece, is a generation being sacrificed for the sake of a single currency that encompasses too diverse a group of countries to be sustainable?
  • What of Nobel Prize winner Robert Mundell’s famous 1961 conjecture that national and currency borders need not significantly overlap? In his provocative American Economic Review paper “A Theory of Optimum Currency Areas,” Mundell argued that as long as workers could move within a currency region to where the jobs were, the region could afford to forgo the equilibrating mechanism of exchange-rate adjustment.
  • ...7 more annotations...
  • if intra-eurozone mobility were anything like Mundell’s ideal, today we would not be seeing 25% unemployment in Spain while Germany’s unemployment rate is below 7%.CommentsView/Create comment on this paragraph
  • Peter Kenen argued in the late 1960’s that without exchange-rate movements as a shock absorber, a currency union requires fiscal transfers as a way to share risk.
  • Europe, of course, has no significant centralized tax authority, so this key automatic stabilizer is essentially absent.
  • Many Germans today rightly feel that any system of fiscal transfers will morph into a permanent feeding tube, much the way that northern Italy has been propping up southern Italy for the last century. Indeed, more than 20 years on, Western Germans still see no end in sight for the bills from German unification.
  • Later, Maurice Obstfeld pointed out that, in addition to fiscal transfers, a currency union needs clearly defined rules for the lender of last resort. Otherwise, bank runs and debt panics will be rampant. Obstfeld had in mind a bailout mechanism for banks, but it is now abundantly clear that one also needs a lender of last resort and a bankruptcy mechanism for states and municipalities.
  • A logical corollary of the criteria set forth by Kenen and Obstfeld, and even of Mundell’s labor-mobility criterion, is that currency unions cannot survive without political legitimacy,
  • European policymakers today often complain that, were it not for the US financial crisis, the eurozone would be doing just fine. Perhaps they are right. But any financial system must be able to withstand shocks, including big ones.
Gene Ellis

Myanmar Faces Stumbling Blocks on Way to Growth - NYTimes.com - 0 views

www.nytimes.com/...ocks-in-a-booming-economy.html

myanmar faces blocks way growth

shared by Gene Ellis on 13 Apr 12 - No Cached
  • Gene Ellis on 13 Apr 12
     
    THE DIFFICULTIES OF AUTARCHIC GROWTH.
Gene Ellis

Argentina Has Oil Firm in Its Sights - NYTimes.com - 0 views

www.nytimes.com/...as-oil-firm-in-its-sights.html

argentina oil firm nytimes nytimes com com

shared by Gene Ellis on 13 Apr 12 - No Cached
  • Gene Ellis on 13 Apr 12
     
    DEFINING PROPERTY RIGHTS INTERNATIONALLY
Gene Ellis

Departing EADS Chief Urges Europe to Recommit to Industry - NYTimes.com - 0 views

www.nytimes.com/...e-to-recommit-to-industry.html

chief europe industry nytimes nytimes com com GEP

shared by Gene Ellis on 13 Apr 12 - No Cached
  • Gene Ellis on 13 Apr 12
     
    GLOBALISATION
Gene Ellis

Why Germany Prefers Regulation to Stimulus - NYTimes.com - 0 views

economix.blogs.nytimes.com/...prefers-regulation-to-stimulus

germany regulation stimulus nytimes nytimes com com GDP

shared by Gene Ellis on 01 May 12 - No Cached
  • Gene Ellis on 01 May 12
     
    Global
Gene Ellis

Europe to Germany: your eurocrisis 'answers' don't work for us - CSMonitor.com - 0 views

www.csmonitor.com/...3

GDP

shared by Gene Ellis on 01 May 12 - No Cached
  • Gene Ellis on 01 May 12
     
    Global
Gene Ellis

Walmart in Europe Ppt Presentation - 0 views

www.authorstream.com/...rade-1178077-walmart-in-europe

walmart europe ppt presentation Global GDP

shared by Gene Ellis on 01 May 12 - No Cached
  • Gene Ellis on 01 May 12
     
    and other slide presentations
Gene Ellis

Eastern European Migration - 0 views

www.slideshare.net/...eastern-european-migration

GDP

shared by Gene Ellis on 01 May 12 - No Cached
  • Gene Ellis on 01 May 12
     
    www.slideshare.net gives a number of good powerpoint presentations on migration and other topics.
1 - 20 Next › Last »
Showing 20▼ items per page