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Euroland in crisis as the global meltdown picks up speed

Papadimitriou, Dimitri B.; Wray, L. Randall - 2011

Yet another rescue plan for the European Monetary Union (EMU) is making its way through central Europe, but no one is foolish enough to believe that it will be enough. Greece's finance minister reportedly said that his nation cannot continue to service its debt, and hinted that a 50 percent...

Persistent link: https://www.econbiz.de/10010286528

Going forward from B to A? Proposals for the Eurozone crisis

Amato, Massimo; Fantacci, Luca; Papadimitriou, Dimitri B.; … - 2016

After reviewing the main determinants of the current eurozone crisis, this paper discusses the feasibility of … austerity measures in order to abide by their commitments to eurozone institutions and the International Monetary Fund. We show … that the introduction of fiscal currencies would speed up the recovery, without violating the rules of eurozone treaties …

Persistent link: https://www.econbiz.de/10011784656

The Buffett plan for reducing the trade deficit

Papadimitriou, Dimitri B.; Hannsgen, Greg; Zezza, Gennaro - 2008

This paper considers a plan proposed by Warren Buffett, in which importers would be required to obtain certificates proportional to the amount of non-oil goods (and possibly also services) they brought into the country. These certificates would be granted to firms that exported goods. Exporting...

Persistent link: https://www.econbiz.de/10010266564

The Greek public debt problem

Nikiforos, Michalis; Papadimitriou, Dimitri B.; Zezza, … - 2016

structural imbalances of the eurozone is of vital importance. …

Persistent link: https://www.econbiz.de/10011784657