Found 15 article(s) for author 'EU'

The Dark Shadow

The Dark Shadow. Amartya Sen, June 14, 2016, Opinion. “It cannot be said that the European ­Union is doing particularly well at this time. Its economic performance has been mostly terrible, with high unemployment and low economic expansion, and the political union itself is showing many signs of fragility. It is not hard to understand the temptation of many in Britain to call it a day and “go home”. And yet it would be a huge mistake for Britain to leave the EU. The losses would be great, and the gains quite puny. And the “home” to go back to no longer exists in the way it did when Britannia ruled the waves.Link

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The EU Has Trust Issues, and It’s Taking Down Greece’s Economy

The EU Has Trust Issues, and It’s Taking Down Greece’s Economy. George Serafeim, May 24, 2016, Opinion, “Uncertainty can severely affect an economy. Just look at what has happened in a short period of time to the UK economy. People are postponing major investment decisions after resolving the uncertainty over whether the UK stays in the EU or not. Supporters of Brexit hope that a UK outside the EU will be different. Opposition fears that a UK outside the EU will be different. But they both agree that it will be different. So given the prospect of a very different UK, people are not willing to commit capital and resources.Link

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The Hypocrisy of European Moralism: Greece and the Politics of Cultural Aggression – Part 1

The Hypocrisy of European Moralism: Greece and the Politics of Cultural Aggression – Part 1. Michael Herzfeld, February 2016, Paper. “In the current debt crisis, Greeks often stand accused of irresponsible borrowing, corruption, and laziness. In this article, I argue that the patently unfair way in which these stereotypes have framed the ongoing tensions between Greece and the other European countries is deeply grounded in the dynamics of “crypto-colonialism.” German fascination with ancient Greece has combined with the needs of British, French, and, later, American strategic interests to produce a toxic brew of humiliation and contempt for the Greek people of today.Link

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European Austerity Is Overrated

European Austerity Is Overrated. Kenneth Rogoff, January 13, 2016, Video. “Kenneth Rogoff, an economics professor at Harvard University and a former chief economist at the International Monetary Fund, talks about the global economy and financial markets. Rogoff speaks with Tom Keene on Bloomberg Television’s “Surveillance” from the sidelines of the World Economic Forum’s annual meeting in Davos, Switzerland …Link

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