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The Darker Face of EU Solidarity
As Europe struggles on with the effects of the economic crisis, the debate on the upcoming EU budget is raising renewed concerns about solidarity. With calls for cuts to the Union’s budget becoming ever louder, we need to think about what effects fewer subsidies for poorer member states would have […]
Read all posts for ‘recession’
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Uncertainty and Imbalance
Proper policy formulation is becoming increasingly difficult as greater uncertainty, goals, and divergent paths put roadblocks up for international coordination and forecasting.
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EU Leaders’ Jobs Promise: The more they talk, the less they do
Was it the fact that both the IMF and the World Bank warned that the eurozone’s economic mismanagement could trigger another global recession? Or that the world’s economic and political elite was dismayed by Angela Merkel’s business-as-usual speech in Davos? Or perhaps because the EU was due to announce that […]
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Jobs, Jobs, Jobs: It’s the Fundamentals
It is clear, to even the most casual observers of American politics, that one of the most pressing problems of the past several years and a poignant issue in the 2012 election cycle is jobs. With unemployment rates at dismal levels—8.5% as of December 2011—and not having fallen below 8.0% […]