Found 13 article(s) for author 'Greece'

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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Is Tsipras the New Lula?

Is Tsipras the New Lula? Jeffrey Frankel, July 17, 2015, Opinion.Greek Prime Minister Alexis Tsipras has the chance to become to his country what South Korean President Kim Dae-jung and Brazilian President Luiz Inácio Lula da Silva were to theirs: a man of the left who moves toward fiscal responsibility and freer markets. Like Tsipras, both were elected in the midst of an economic crisis. Both immediately confronted the international financial constraints that opposition politicians can afford to ignore…Link

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Debt Should be a Guide to Policy Making

Debt Should be a Guide to Policy Making. George Serafeim, July 14, 2015, Video. “European finance ministers encountered a range of hurdles to financing Greece through the next few weeks during negotiations over another full-scale bailout. All the available options are either financially inadequate, politically unpalatable, legally suspect or beyond European leaders’ control, finance ministers said. Harvard University Professor of Business George Serafeim shares his views on “The Pulse…”Link

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Lessons from Greece and Other Unsuccessful Bailouts

Lessons from Greece and Other Unsuccessful Bailouts. Kenneth Rogoff, July 2, 2015, Opinion. “As the Greek crisis evolves, it is important to understand that a successful structural adjustment programme requires strong country ownership. Even if negotiators overcome the most recent sticking points, it will be difficult to trust in their implementation if the Greek people remain unconvinced. That has certainly been the experience so far...” Link

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Europe May Require Greek Vote on Debt Accord: Burns

Europe May Require Greek Vote on Debt Accord: Burns. Nicholas Burns, June 22, 2015, Video. “Nicholas Burns, a professor at Harvard University’s Kennedy School of Government and former U.S. ambassador to Greece, talks about the Greek debt crisis. He speaks with Betty Liu, Mark Crumpton and Hans Nichols on Bloomberg Television’s “Bloomberg Markets.”Link

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The Consequences of Greece’s Impending Breakdown

The Consequences of Greece’s Impending Breakdown. Lawrence Summers, June 20, 2015, Opinion. “When, as now appears likely, Greece financially separates from Europe, it will at one level be no one’s fault. The Greek leaders will rightly explain that having imposed more austerity on themselves than any industrial country has suffered since the Depression, they could not do more without light at the end of tunnel in the form of a clear commitment to debt relief. European leaders will rightly explain that they adjusted their positions repeatedly to accommodate the Greeks. They will stress that their publics would not permit Greece to play…Link

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