Agora
Posts by Bob Traa & Jens Bastian
Tailor-made Maastricht criteria for Greece?
The European Union is discussing how to reform the fiscal rules for its member states. The original rules, called the “Maastricht Criteria” for the deficit and the debt, appeared straightforward, in principle. They called for the deficit of a member state to remain below 3 percent of GDP a year, while the stock of debt should not exceed 60 percent of GDP.
Contributor: Bob Traa & Jens Bastian
Categories: Europe (282), Economy (331), Greece (498)
Where is Odysseus? Part 6 - Potential real GDP
As in our previous five monthly blogs, we continue to trace the progress of modern-day Odysseus, who started a long voyage in 2018 to help bring Greece back home to a sustainable and prosperous economy. He is seeking to navigate the winds of a high debt ratio of 185 percent of GDP towards a debt ratio of 60 percent of GDP. The plan that Odysseus had developed in 2018 is described in a book on the macroeconomy of Greece.
Contributor: Bob Traa & Jens Bastian
Categories: Europe (282), Politics (387), Economy (331), Greece (498)
Where is Odysseus? Part 5 - Productivity
As in our previous four monthly blogs, we continue to trace the progress of modern-day Odysseus, who started a long voyage in 2018 to help bring Greece back home to a sustainable and prosperous economy. He is seeking to navigate the winds of a high debt ratio of 185 percent of GDP towards a debt ratio of 60 percent of GDP. The Plan that Odysseus had developed in 2018 is described in a book on the macroeconomy of Greece.
Contributor: Bob Traa & Jens Bastian
Categories: Politics (387), Economy (331), Society (142), Greece (498)
Where is Odysseus? Part 4 - Unemployment and Employment
As in the previous three monthly blogs, we continue to trace the progress of modern-day Odysseus, who started a long voyage in 2018 to help bring Greece back home to a sustainable and prosperous economy. He is seeking to navigate a high debt ratio of 185 percent of GDP towards a debt ratio of 60 percent of GDP.
Contributor: Bob Traa & Jens Bastian
Categories: Europe (282), Politics (387), Economy (331), Society (142), Greece (498)
Where is Odysseus? Part 3 - Participation
We continue to trace the progress of Odysseus, who started a long voyage in 2018 to help bring Greece home to a sustainable and prosperous economy, seeking to navigate a high debt ratio of 185 percent of GDP towards a debt ratio of 60 percent of GDP. The Plan that Odysseus had developed in 2018 is described in a book on the macroeconomy of Greece
Contributor: Bob Traa & Jens Bastian
Categories: Europe (282), Economy (331), Society (142), Greece (498)