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BlogShifting Troika Forecasts and a Marshall Plan for Greece
Dimitri Papadimitriou in Bloomberg View yesterday: In December 2010, the so-called troika of lenders — the European Commission, the European Central Bank and the International Monetary Fund — predicted that their measures would move Greece’s unemployment rate to just under 15 percent by 2014. A year later, it changed the forecast to almost 20 percent. [...] -
Greece Needs a 21st Century Marshall Plan
Ekathimerini.com, August 12, 2013. © 2013 H Kaθhmepinh. All Rights Reserved. At their White House meeting last week, U.S. President Barack Obama assured Greek Prime Minister Antonis Samaras of his support as Greece prepares for talks with creditors on additional debt relief amid record-high unemployment. The U.S. should also endorse a new blueprint for recovery […] -
MME, August 11, 2013
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Δημήτρης Β. Παπαδημητρίου: «Η Μεγάλη Ύφεση του \’30 μοιάζει με νεροποντή σε σχέση με την ελληνική ολική καταστροφή»
Eleftherotypia, 11 Αυγούστου 2013. Με επιφύλαξη παντός δικαιώματος. Δημητρησ Β. Παπαδημητριου: Ο πρόεδρος στο Levy Economics Institute του Bard College, εκτελεστικός αντιπρόεδρος και καθηγητής Οικονομικών στην έδρα «Jerome Levy» στο Bard College, μιλάει για την ελληνική οικονομική κρίση μέσα από τα στοιχεία της οικονομετρικής ανάλυσης του Ινστιτούτου που έγινε με ένα ειδικά διαμορφωμένο μακροοικονομικό μοντέλο […] -
Greece Needs a 21st Century Marshall Plan
Bloomberg, August 11, 2013. All Rights Reserved. At their White House meeting last week, U.S. President Barack Obama assured Greek Prime Minister Antonis Samaras of his support as Greece prepares for talks with creditors on additional debt relief amid record-high unemployment. The U.S. should also endorse a new blueprint for recovery based on one of the […] -
Amnesty for Undocumented Immigrants Would Not Burden US Economy—Levy Economics Institute
Reuters, August 9, 2013. © Thomson Reuters. All Rights Reserved. The recently passed Senate bill—S. 744, or the Border Security, Economic Opportunity, and Immigration Modernization Act—that would take significant steps toward comprehensive reform, is being held up in the Republican-controlled House of Representatives, with a “path to citizenship” for undocumented immigrants the apparent sticking point. A recent report from the Congressional […] -
Blog
Greece: More Competitive, Closer to Collapse
One of the theories that motivates the policies the troika (EC/IMF/ECB) is imposing on Greece is that reducing Greek wages will make Greek exports more attractive, helping to contribute, so the theory goes, to growth in GDP and employment. And in an interview that appeared yesterday at Truthout, Dimitri Papadimitriou points out that Greek competitiveness, [...] -
Austerity’s Failure in Greece: Time to Think the Unthinkable
Truthout, August 7, 2013. All Rights Reserved. Further austerity can only worsen Greece’s economic plight, particularly already-catastrophic unemployment, warns Dimitri B. Papadimitriou, president of the Levy Economics Institute, according to the Institute’s macro-economic model. But "unthinkable" economic policies—suggested by conservative and progressive economists alike—could. In early 2010, Greece’s staggering deficit/debt problems turned into a major […] -
Financial Benefits of Legalizing Undocumented Immigrants Outweigh Costs
The benefits of legalizing many of the 11 million undocumented immigrants under business-backed reforms being considered by Congress outweigh the costs. That is according to a new study by the Levy Economics Institute at Bard College in New York. A white paper by Selcuk Eren contends legalized unauthorized immigrants would leave under-the-table jobs and start paying Social Security […] -
Press ReleaseStatus Quo on Immigration More Costly to US Economy than Path to Citizenship, New Levy Economics Institute Paper Says
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MME, August 7, 2013
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Ινστιτούτο Levy. Προτείνει σχέδιο τύπου Μάρσαλ για την Ελλάδα
Ethnos, 7 Αυγούστου 2013. Με επιφύλαξη παντός δικαιώματος. Η παταγώδης αποτυχία των πολιτικών λιτότητας έχει βάλει την Ελλάδα σε τροχιά χειρότερη και από αυτήν της κρίσης του 1929, αναφέρει μελέτη του Οικονομικού Ινστιτούτου Levy, η οποία προτείνει μια στρατηγική ανάκαμψης παρόμοια με αυτή του σχεδίου Μάρσαλ, που θα στοχεύει στη δημόσια κατανάλωση και στις επενδύσεις. […]