New Efforts to Bail Out Greece
After extensive negotiations, Europe has agreed to a new bailout package for Greece, but the deal comes with new, strict conditions. […]
Month: February 2012
Will Greece Reach a Deal?
Despite delays, the Greek rescue package will almost certainly be approved in the coming days. Whether or not the deal will prove to be sustainable is a much more difficult question. […]
How Italy Will Change
Europe needs to help, but even with help, Italy faces big changes and, assuming all goes well, two or three difficult years lie ahead. […]
IMF Chief Economist Olivier Blanchard on the Global Economy in 2012
2012 has the markings of a difficult year. The future of the euro is inscrutable and Europe is likely already in recession. Growth is slowing in the major emerging economies, and the recovery in the United States remains slow and fragile. […]
Budget Policy and Politics in an Election Year
Congressman Chris Van Hollen, the senior Democrat on the House Budget Committee, discussed what steps Congress can realistically take during the months ahead to reduce unemployment and improve America’s long-term economic outlook. […]
Globalization, Labor Markets, and Inequality
Though globalization is increasing labor market integration and income inequality, policymakers should help workers adjust to a changing world rather than erecting protectionist measures. […]