Tag Archive: Growth

Turkey: how an Economic Boom can be a Tinderbox

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According to some indicators, Turkish economy seems healthier than the one of other more advanced countries. During the last decade Turkey grew at a sustained pace with an average 5% GDP increase per… Continue reading

Build a bridge, Sam!

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The thing we would typically worry about with high deficits, namely high interest rates, is not happening. Interest rates are actually negative (“it means markets are so nervous that they will literally pay us… Continue reading

Sorry, we made a mistake

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Finally, the International Monetary Fund admits: we failed to realise the damage austerity would do to Greece. The IMF had originally predicted Greek economy would contract by just 5.5% between 2009 and 2012 but… Continue reading

Video – OECD Economic Outlook

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A short video summarizing the main findings of the OECD Economic Outlook published yesterday. Here you find the Outlook with country summaries, charts and statistics.

That’s a ‘Depression’: Europe’s Double-Dip Is Officially Longer Than Its Great Recession

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“More austerity and less monetary stimulus were pretty horrible ideas. But Europeans seem to prefer to keep recreating the 1930s rather than learning anything from them”. This article shows that Europeans don’t want the recession to… Continue reading

Japan’s New Optimism Has Name: Abenomics

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A rather enthusiastic article on Abenomics, the “economic shock therapy” adopted by Japan new Prime Minister Shinzo Abe. Go to the article.

Video – Baker & Magowan on Obama’s Budget Priorities

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Dean Baker (Center for Economic and Policy Research) vs. Maricruz Magowan (National Economists Club President) discuss Obama’s budget proposals. The two economists have substantially different opinions.