Showing 1 - 6 of 6
Reform or divorce to cure euro zone malaise
Business, Joseph Stiglitz, Published on 29/08/2016
» To say that the euro zone has not been performing well since the 2008 crisis is an understatement. Its member countries have done more poorly than the European Union countries outside the euro zone, and much more poorly than the United States, which was the epicentre of the crisis.
Looking to the future after Brexit fallout
News, Joseph Stiglitz, Published on 09/07/2016
» Digesting the full implications of the United Kingdom's "Brexit" referendum will take Britain, Europe and the world a long time. The most profound consequences will, of course, depend on the European Union's (EU) response to the UK's withdrawal.
The great trans-Pacific free-trade charade
Joseph Stiglitz, Published on 04/10/2015
» As negotiators and ministers from the United States and 11 other Pacific Rim countries meet in Atlanta in an effort to finalise the details of the sweeping new Trans-Pacific Partnership, some sober analysis is warranted. The biggest regional trade and investment agreement in history is not what it seems.
Europe bombards Greek democracy
News, Joseph Stiglitz, Published on 02/07/2015
» The crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors. In fact, European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: It is about power and democracy much more than money and economics.
Solidarity key to Europe's future
News, Joseph Stiglitz, Published on 09/06/2015
» European Union leaders continue to play a game of brinkmanship with the Greek government. Greece has met its creditors' demands far more than halfway. Yet Germany and Greece's other creditors continue to demand that the country sign on to a programme that has proven to be a failure, and that few economists ever thought could, would, or should be implemented.
Greece didn't fail, but the EU's debt moralising did
News, Joseph Stiglitz, Published on 06/02/2015
» When the euro crisis began a half-decade ago, Keynesian economists predicted that the austerity that was being imposed on Greece and the other crisis countries would fail. It would stifle growth and increase unemployment — and even fail to decrease the debt-to-GDP ratio.