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European Austerity Measures: a PIIGS-Eye View
In the beginning, the EU’s main reactions to the economic and financial crises were aimed at salvaging European prosperity from the effects of the American financial crisis [1]. However as time passed and the crises deepened, the EU’s response to the economic problems of its Member States was to slid […]
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Austerity in Europe is a joke for the rest of the world
With all due respect to Mr. Hollande, not only is the crisis not yet over, but, as Mr. Piñera said, the best is yet to come. Latin American, which has long been considered a financial disaster zone, has turned round and given this traditional perception the lie. The unprecedented stability and prosperity […]
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What’s the real merit of free trade?
As far as I know I have never thought about free trade apart when I had to during university classes which is probably a solid enough indicator that this topic is rather remote from my personal concerns. So either I take for granted the advantages that come with the European […]
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Ricardo is dead
Disclaimer: The article was written both from a perspective of a developed country and a devoloping country. Maria Farooq, Ole Wintermann One Dimensional Perspectives: A Risk for Globalisation? The 250 year old thesis is that globalization is a win-win-situation. The reason for that is the specialization of every country on […]
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Polish economic migrants: Thank you for having us!
I want to say a big ‘thank you’ to all of you: English, Scottish, Irish, Dutch, Belgians, Germans, Americans, Swedes, Norwegians, Spaniards, Italians and all other nations for receiving my countrymen. Maybe you know, maybe not, and maybe this is the moment to tell you how much we owe you. My friends, my family, my parents, […]