July 1, 2007

Economics and demography

A (positive) German shock?

by Alex Harrowell

Eurozone Watch has two articles about Germany and Italy that offer support for an optimistic view of the European economy. For a start, Sebastian Dullein argues that a comparison of Germany today and the US after the early 90s recession shows that Germany might be on the brink of a productivity surge. Dullein argues that [...]

June 10, 2007

Economics and demography

Inverse Nixon Theory

by Alex Harrowell

It’s been said in the past - indeed, it used to be conventional wisdom - that unlikely right-wing governments were more likely to make peace, because they enjoyed credibility and a tough reputation. More obviously, conservatives long enjoyed a reputation for “fiscal credibility”, which supposedly helped them to control inflation by giving the impression that [...]

March 27, 2007

The European Union

What the hell is an economic government?

by Alex Harrowell

So, somebody has a brilliant idea to solve all Europe’s problems. What is it? It’s to set up a European economic government for the EU. It’s not exactly new - several people in the Jospin government thought so, including Dominique Strauss-Kahn. It might have something going for it.
But what is it? The EU already has [...]

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