Agora
Posts by Bob Traa & Jens Bastian
Public sector capital stock in Greece and the Euro-19
Capital is a key input in the production function of a country’s economy. It makes another crucial factor, namely labor, more productive if such capital is efficient (quality) and sufficient (quantity).
Contributor: Bob Traa & Jens Bastian
Categories: Europe (264), Economy (294), Greece (444)
Greek fiscal deficits and debt since 2000
Our concluding monthly Blog 12 in 2021 explores whether balanced budgets also means that the debt remains constant in nominal terms? The answer to this question is important because if budget balance could mean that debt still increases, then this alone is not enough to come to terms with Greece’s debt challenge.
Contributor: Bob Traa & Jens Bastian
Categories: Politics (348), Economy (294), Greece (444)
The case of SYRIZA's fiscal performance
One can discuss the political or ideological inclinations of SYRIZA, but from a budgetary balance and debt management perspective, its performance was an achievement that few expected after the brief first SYRIZA government. The interesting question is: how did SYRIZA accomplish this and why did they do it?
Contributor: Bob Traa & Jens Bastian
Categories: Politics (348), Economy (294), Greece (444)
The quarterly national accounts from the income side
ELSTAT recently published the results of the national accounts through the second quarter of 2021. There is good news in these updated GDP numbers for Greece.
Contributor: Bob Traa & Jens Bastian
Categories: Politics (348), Economy (294), Greece (444)
Stock taking: Where is the Greek economy now?
The summer month of August is a good moment to sit back and reflect on the broader underlying events in our daily lives.[1] This also holds true for thinking about the macroeconomy of Greece. We can ponder and look at developments from a certain vantage point to ascertain what developments are probably transient and passing, and which ones are more durable and structural.
Contributor: Bob Traa & Jens Bastian
Categories: Politics (348), Economy (294), Greece (444)