Suchergebnisse
Suchergebnisse:
29. Juni 2011 · Advertising. Greece needs to make budget cuts of almost 30 billion euros to qualify for a second bailout package – worth some 100 billion euros – from the IMF and the EU. The measures have ...
28. Sept. 2015 · If fiscal austerity is supposed to hurt the economy through reduced aggregate demand and employment then it doesn't feel like such a great argument to hit the Tories with—austerity hasn't seemed to work that way. But if 'austerity' is used as a nebulous term for a general agenda, like 'neoliberal', then it might have legs. Its credibility is ...
4. März 2021 · Austerity, once the bedrock of economic conservatism, has been relegated to the wastebasket of defunct and disfavored ideologies. And in the United States, this flavor of unbridled government support has little postwar precedent. At the root of this ideological shock is the subtle change in how economists and policymakers discuss and compare ...
17. Dez. 2012 · Austerity measures have never worked, and have led growth to collapse across the EU. Greece witnessed its battered economy shrinking by 6.2% in the second quarter of 2012, and is forecast to enter its sixth straight year of recession in 2013. Austerity means less national income from taxation, reducing governments’ capacity to pay back spiraling debts, leading to even higher debts.
21. Feb. 2013 · The intensity of the spreads can be explained almost uniquely by the size of the spreads (the R-squared is 0.97). Note the two extremes. Greece was confronted with extremely high spreads in 2011 and applied the most severe austerity measures amounting to more than 10% of GDP per capita. Germany did not face any pressure from spreads and did not do any austerity.
17. Mai 2020 · Without the austerity measures, the Greek government could have hired new workers. It would have lowered the 25% unemployment rate and boosted economic growth. Greece could have converted its euro-based debt to drachmas, printed more currency and lowered its euro exchange rate. That would have reduced its debt, lowered the cost of exports, and attracted tourists to a cheaper vacation destination.
29. Apr. 2015 · Paul Krugman. Wednesday 29th April 2015 Illustrations by Mark Long, Design by Sam Morris and Chris Clarke. n May 2010, as Britain headed into its last general election, elites all across the ...
