Sustainable Economy
Re-building progressive political economy to foster a new model of development
The economic theory underlying the conservative views on economic policy has no scientific foundations, "the Emperor has no clothes". Despite their trust in such models it has never been demonstrated that the economic system, independently of any external intervention, could produce an acceptable social order…
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This contribution, elaborated in the frame of the collaboration between FEPS and Economic Council of the Labor Mouvement (ECLM) argues for a true coordinated macroeconomic strategy for Europe. It suggests dividing national budget deficits into an operational part, including public consumption ...
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Report from Jonas Schytz Juul, Economic Council of the Labour Movement (ECLM) | September 2011 |How the level of inequality affects growth and wealth is a subject of frequent discussion. A widespread point of view is that a high level of inequality is an advantage for the growth in society ...
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This paper, by Matthias Thiemann, deals with the off-balance sheet exposures of banks, which as the recent crisis has shown have grown remarkably over the course of the last 30 years. It first explains the linkages of the banking system to the shadow banking system.
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In assessing the impact of the implementation of the Basel III agreement on the economic process, one must critically wonder which problem this accord should aim to tackle. Most of the analyses of the preceding accord emphasised the procyclical character of the agreement.
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The colloquium Monetary Analysis of the Economy took place at Pierre Mendès University in Grenoble, France on the 15th and 16th April 2010. The aim of the conference was to put in the front line a monetary analysis of the economy as a general framework in which the exploration ...
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The EU recommends that 24 out of the 27 EU countries should tighten fiscal policy. Some countries have tightened fiscal policies already in 2010 and some have decided on more ambitious consolidation plans than recommended by the Commission.
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