1. Introduction -- Part I. The “Party Period” Before the Crisis -- 2. The Costs and Benefits for Joining a Common Currency with Emphasis on Weaker Member States: The Pre-crisis Debate -- 3. Greece Before the Crisis: The Critical Years in Domestic Politics -- 4. IMF and EU Reports on Greece...

This book assesses major schools of thought in macroeconomic theory between the Great Depression and the Long Recession, focusing on their analysis of cycles, crises and macro-policy. It explores the road from the dominance of Keynesian ideas to those of New Classical Macroeconomics (NCM) toward...

In the years leading to the Coronavirus (COVID-19) outbreak, Liberia's economic performance was already weak. Since 2014 a series of severe shocks stopped in its track the growth momentum that had been spurred by the Accra Comprehensive Peace Agreement of 2003. The economy was buffeted by the...

The objective of this report is to provide an update to the Government of Cabo Verde, think-tanks and researchers, and the public on the state of the Cabo Verde economy and its outlook, together with the structural reforms required to strengthen the foundations for private sector-led recovery...

1. Financial Integration, Bank Competition and Intra-Eurozone Foreign Direct Investment -- 2. Export Margins, Employment Skills and Financial Conditions: Stylized Facts from Greek Exporters -- 3. Why a revival of Greek manufacturing is a prerequisite to ensure a prosperous future for the country...

Chapter 1. Debt valuation: An alternative method to avoid future default (Thomas Poufinas and Evangelos Drimpetas) -- Chapter 2. The impact of Quantitative Easing Policy on the government debt and the NPLs of the Eurozone periphery countries (Dionysios Chionis, Fotios Mitropoulos and Antonios...

1. A Retrospective on the 2008 Global Financial Crisis- Robert Z Aliber and Gylfi Zoega -- Part I: The Source of the 2008 Global Financial Crisis -- 2. The Financial Alchemy that Failed- Marcus Miller -- 3. Prudential Regulation and Capital Controls- Michael Dooley -- 4. Three Grand State...

The Guinea-Bissau Economic Update monitors significant recent economic developments in the country, highlighting the key structural challenges Guinea-Bissau faces in its pursuit of inclusive and sustained growth

The report provides recent macroeconomic developments, outlook, and risks that Mongolia faces. The timing of the release of this report is ideal considering that, the Mongolian economy, which was recovering from the COVID-19 on the back of a successful vaccination program and income support,...