Category Archives: Economic development

Industrialization: A Special Feature of Greece

Posted on May 2, 2013 by M_Haliassos

Professor John Spraos, a distinguished Greek economist, Professor Emeritus at University College London and former economic adviser to Prime Minister Constantinos Simitis, kindly agreed to contribute to our blog. He writes: I was discussing industrialisation with Michalis Haliassos and he … Continue reading →

Posted in Economic development, Macroeconomics, Product market | Leave a comment

Panel discussion on “GREXITING the economic crisis”

Posted on March 11, 2013 by D_Vayanos

On March 6, 2013, a panel discussion on the Greek economic crisis took place at the London School of Economics. This was part of a broader set of events taking place during the week of March 4-8, as part of … Continue reading →

Posted in Banking and finance, Economic development, Education, General, Justice, Labour market, Macroeconomics, Political economy, Press, Product market, Public finance, Public sector productivity | Leave a comment

Salary Cuts and Competitiveness

Posted on January 8, 2013 by M_Haliassos

Promotion of competitiveness in the international market for goods and services, especially for fiscally troubled countries, is both an objective of European Union policies and a prerequisite for the longer-run viability and repayment of public debt. Massive horizontal salary cuts … Continue reading →

Posted in Economic development, Economic research, Europe, Labour market, Macroeconomics, Public sector productivity | 1 Comment

Immunity and corruption–Part 2

Posted on November 14, 2012 by V_Skreta

This is a follow-up on a previous post, which examines the link between politicians’ immunity and corruption. Both posts are based on a new academic study by Karthik Reddy, Moritz Schularick, and Vasiliki Skreta, which provides original and systematic evidence that democracies whose … Continue reading →

Posted in Economic development, Justice, Political economy | 1 Comment

Immunity and corruption–Part 1

Posted on November 12, 2012 by V_Skreta

In the wake of the financial crisis and the numerous instances of public malfeasance it revealed, a growing number of commentators have argued for the abolition of the privilege of immunity from prosecution enjoyed by Greek politicians. A new academic … Continue reading →

Posted in Economic development, Justice, Political economy | Leave a comment

Letter from Boston, by Yannis Ioannides

Posted on October 11, 2012 by Y_Ioannides

In a Letter from Boston, Yannis Ioannides describes his impressions from a speech by Ollie Rehn, a European Commissioner and the Vice-President of the Commission, which took place at the Center for European Studies at Harvard University on 25 September … Continue reading →

Posted in Economic development, Uncategorized | 4 Comments

Quo vadis Graecia?

Posted on October 3, 2012 by C_Azariadis

Where goest thou Greece? While the Greek economy is falling off the proverbial cliff, this question stays on the mind of world leaders, keeps Brussels bureaucrats awake at night, and intrudes on the daily lives of  4 million Greek households. … Continue reading →

Posted in Economic development, Justice, Macroeconomics, Public finance, Public sector productivity | Leave a comment

Germany must lead or pull the plug: Greek Economists for Reform interviewed in Die Welt

Posted on June 29, 2012 by M_Haliassos

German newspaper Die Welt interviewed three founding members of Greek Economists for Reform in its issue of June 28, 2012, coinciding with the important European Summit. The newspaper noted that numerous economists around the world express views on Greece and … Continue reading →

Posted in Banking and finance, Economic development, Europe, General, Labour market, Macroeconomics, Press, Public finance, Public sector productivity | Leave a comment

Renegotiation of Memorandum Terms is a Red Flag for International Partners

Posted on June 23, 2012 by M_Haliassos

In a radio interview to the station ‘Athina 9.84’, Michael Haliassos points out the dead end for which Greece is headed when it sets renegotiation of terms as its objective while the international partners stress the need to stick to … Continue reading →

Posted in Economic development, Europe, General, Labour market, Macroeconomics, Uncategorized | Leave a comment

Tools for development: ESET and research & technology

Posted on May 6, 2012 by M_Haliassos

Reforms in the way research is funded and in the extent to which it is linked to technology and innovation in industry provide important tools for putting Greece on a growth path. In this presentation, Prof. Stamatis Krimigis, Chairman of … Continue reading →

Posted in Economic development, Education, General, Immigration | 3 Comments