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1-19 of 19 Search Results for
eurozone
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Journal Article
World Policy Journal (2011) 28 (2): 101–109.
Published: 01 June 2011
... realize the country’s potential. Greece has a chance to become a model democracy and a successful Eurozone economy that could serve as a role model in southeastern Europe and the eastern Mediterranean. That would be the true catharsis of this modern Greek tragedy. Finally, the widespread culture...
FIGURES
Journal Article
World Policy Journal (2014) 31 (2): 39–45.
Published: 01 June 2014
... equity crisis? ROLET: Right. There is excessive debt in the banking system, and to a certain extent on national balance sheets as well, for example in the eurozone. WPJ: The new pan-European currency was supposed to have a stabilizing effect on markets. But you seem to suggest that it’s...
Journal Article
World Policy Journal (2012) 29 (4): 74–84.
Published: 01 December 2012
... plays out. Several eurozone countries are in recession. Ireland and Portugal have joined Greece in taking bailouts; Spain and Cyprus are on the brink of doing so; Italian debt casts a long shadow; even Germany, the EU’s powerhouse, posted an anemic growth of 0.3 percent in the second quarter of 2012...
FIGURES
Journal Article
World Policy Journal (2012) 29 (1): 61–71.
Published: 01 March 2012
... the national to the EU level. Of course, some powers, most notably over fiscal policy, have remained in the hands of governments, a hard reality which has caused many of the problems the Eurozone is now experiencing. The process of governments granting the EU more authority continues to come in waves...
FIGURES
Journal Article
World Policy Journal (2017) 34 (4): 119–124.
Published: 01 December 2017
... with austerity, people spoke anxiously about the upcoming election. Fast forward to now: Portugal is enjoying a kind of renaissance. Unemployment is below 10 percent, and our year on year GDP growth has outpaced the eurozone average. Tech startups are mushrooming, more than 11 million tourists visited...
FIGURES
Journal Article
World Policy Journal (2014) 31 (2): 14–19.
Published: 01 June 2014
... and prop up the banks that had run into trouble as a result of their investment in those securities. There are contemporary bailout echoes across much of Europe and the eurozone. Today, more than two centuries later, the way banks and states, currencies and debts are intertwined transformed a downturn...
FIGURES
Journal Article
World Policy Journal (2016) 33 (2): 101–108.
Published: 01 June 2016
... the IMF’s earlier pro-austerity position “turned out to be a mistake and its timing unfortunate” due to the fragility of the post-crisis economic recovery. Most dramatically, in 2015, the IMF chided eurozone members—implicitly, Germany—for imposing severe austerity on Greece in a third bailout, declaring...
FIGURES
Journal Article
World Policy Journal (2014) 31 (2): 3–7.
Published: 01 June 2014
... ($139 billion) between December 2009 and July 2012. This outflow can be linked to uncertainties over a possible bankruptcy of the state, exit from the eurozone, rumors that undeclared funds would be ferreted out, political uncertainty, and the need of households and businesses to cover current tax...
Journal Article
World Policy Journal (2014) 31 (4): 120–129.
Published: 01 December 2014
... has continued to expand its borderless frontiers to the very doorsteps of Russia, to the introduction of the euro and the expansion of the eurozone where the eponymous currency is accepted at face value, Europe continues to change its inner and outer essence, often with little understanding...
FIGURES
Journal Article
World Policy Journal (2016) 33 (4): 55–60.
Published: 01 December 2016
... that number would skyrocket. Brussels, however, ignored their warnings and their proposals for contingency plans; the eurozone crisis was the true existential threat emanating from Greece. Then, in the summer of 2015, the number of migrants spiked. More than four years after Syria’s failed revolution...
FIGURES
Journal Article
World Policy Journal (2014) 31 (2): 31–38.
Published: 01 June 2014
... and on maintaining control of its own economy rules out the boldest currency reforms for the foreseeable future. With the United States, the eurozone, and Japan all pursuing experimental (not just unconventional) monetary policies—the risks of economic and financial instability and doubt can’t be far below...
FIGURES
Journal Article
World Policy Journal (2014) 31 (4): 3–8.
Published: 01 December 2014
... to allow for a modicum of well being to return to the Greek people in a way that makes the country governable and enables crucial efficiency-enhancing reforms? Yes, it can. But there is a prerequisite for this solution to be achievable within the eurozone: an investment-led European New Deal...
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Journal Article
World Policy Journal (2016) 33 (3): 107–111.
Published: 01 September 2016
... that is available. Secrecy is a big problem—Portugal’s very own island of Madeira serves as a major tax haven to eurozone countries. The problem rests less in the specifics of the banking industry than in the overall financial architecture. Major banks are allowed to operate in tax havens, badly regulated countries...
FIGURES
Journal Article
World Policy Journal (2005) 21 (4): 13–18.
Published: 01 December 2005
...-
in Iran. The fall in the dollar exchange rate delsblad (The Netherlands), and the Times, the
against the euro is painful for Eurozone G uardian, the Independent, the Observer, and the
exporters. Washington’s comparative lack Sunday Times (U.K
of sympathy for the Palestinians remains...
Journal Article
World Policy Journal (2013) 30 (1): 87–94.
Published: 01 March 2013
... of extra-euro trade has increased. In 2011, the initial 12 eurozone members represented 38 percent of German exports and 43 percent of German imports. The same figures for Spain are 53 percent and 47 percent, respectively, and for Greece considerably lower, 29 percent and 41 percent. The ever larger role...
FIGURES
Journal Article
World Policy Journal (2011) 28 (1): 52–59.
Published: 01 March 2011
... of the Eurozone. Portugal may be on the brink of a similar scenario. (Both Iberian nations are said to be the next targets of bond vigilantes who prey on weakness, real or imagined.) But Spain's influence and impact on Europe's economic health is far more consequential than those countries'. Its economy...
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Journal Article
World Policy Journal (2015) 32 (3): 112–122.
Published: 01 September 2015
..., the official eurozone capital. Not surprisingly, this cacophony has given way to any number of jokes—the most widely spread being the five-year plan for a single European language, intelligible everywhere and nowhere. But there are additional impediments. Brazil and Portugal do not speak the same...
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Journal Article
World Policy Journal (2006) 23 (1): 37–44.
Published: 01 March 2006
... WORLD POLICY JOURNAL • SPRING 2006
on U.S. government bonds are “irresistibly the eurozone begin to recover and are able
attractive” to individuals and institutions in to offer high rates of interest on their long
the large surplus countries, such as Japan. term bonds, they may provide...
Journal Article
World Policy Journal (2003) 19 (4): 37–47.
Published: 01 December 2003
.... paign advisers, and helped prompt him to
Above all, the euro itself is imposing declare his complete opposition to an Amer
new strains. The European Central Bank’s ican-led war against Iraq.
statutes call for keeping eurozone inflation The PDS aims to expand beyond the old...