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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 for growth? Greater European integration could be the emergency exit…..
Austerity has never been mentioned in the Italian debate until now, unlike asperity, a lighter word that also implies future perspectives of growth. The promise of a path of asperity leading to economic growth has been the ‘mantra’ of Mario Monti’s government, and Enrico Letta, the current prime minister has […]
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How bad governance unites both ends of the Mediterranean
South of Ciudad Real in Central Spain lies a brand new airport with one of the longest runways in Europe, state of the art facilities and a capacity of 10 million passengers a year. Its only problem is that it is closed. The airport ceased operations in April 2012, less […]
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Spanish Youth Look for Jobs in Mexico
The youth unemployment situation in Spain is disturbing: more than 50% of young people (between 18 and 30 years old) are unemployed. This has caused a strong immigration wave of Spanish youth to Latin American countries, especially Brazil and Mexico. During the first half of 2012, the number of Spanish who were […]
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Leaving home: Bolivia´s mass labor migration and the impact of remmittances
The question of how much good remittances are doing to our countries is very difficult to answer. The first and most obvious answer is that they are definitely doing good since they are sent expressly to improve the quality of life of family members who stayed behind. Money comes in […]