Search-history Watchlist Links to www. ISBN: Structural Funds: Growth, Employment and the Environment is a book on the role of transfers designed for assisting sustainable development of less developed regions within the European Union. The book places special emphasis on the future path of the Greek economy and discusses likely outcomes -related directly to the impact of these transfers- in: Growth and macroeconomic convergence Employment in key sectors of the economy Energy demand and its environmental aspect The book uses macroeconomic modelling and modern applied econometric techniques to analyze these issues, thus offering a coherent methodological framework for their presentation.
To this extent, Structural Funds: Growth, Employment and the Environment can serve to: Academic researchers and economists in recipient countries who can gain a better understanding of how national authorities can best design and implement the strategic allocation and utilization of these funds to maximize the benefits for the domestic economy Policymakers in the European Union by offering a sound and rigorously elaborated treatment which can be applied as an estimation and comparison tool for the effects of Structural Funds both at the national and the international level Economists in Eastern European countries which are at the pre-accession stage and will be eligible for this type of transfers in the near future.
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Platform: all. United Kingdom. Shipping country to calculate shipping costs. Only articles listed recently on ZVAB and ebay are shown. Year: to. Neither condition was met, the argument being that government interference in the economy is a bad thing and that clever bankers could sort everything out. You can assert all you want that denying the government control over monetary policy is "socialist" but it's a claim that is demonstrably false. This is not about socialism it's about federalism. Either Europe needs to commit to being a federation with an effective central government or it needs to maintain separate currencies to better represent economic reality and more conveniently implement economic policy.
Dr del Santo's piece is a bit more than an "I told you so" but no much more. Greece is a pilot scale example of what is in store for all of us and much sooner than we think. Our Political Economic reality is untenable. It is built on a fundamental idea that is completely anti-social selfishness and that is translated into practice by a completely anti-social behaviour competition. Its inevitable effect is to create winners who then compete ruthlessly with each other and losers people, peoples and places who are deprived of the requisites of significance to the P-E reality.
Ultimately, we will all lose and we will spend everything good that is available to us in an inevitably Pyrrhic process. We have made up extremely crude systems of Politics, Economics and Law that do two basic things: moderate the worst excesses of unbridled competition as they affect winners and the authority of the Paradigm itself, and facilitate the processes by which the magnitude of the wealth and power in play can be maximised. We have determined that a great part of the actual real world - nature, resources, the lives of common people, their fundsmental 'commonweal' - can be used and abused by the competitors of our Paradigm especially the winners as essentially nil-cost inputs to their games.
We have 'colonised' continents and the biological stocks of oceans and the qualities of our atmosphere as parts of our imperial progress of constant competition and constant selfishness.
The Euro and Euro-zone were ideas that pushed the envelope of our paradigm. They expressed a hope that we could be something better than the small- mindedness of the strict paradigm permitted. To succeed they would require a level of sociability that we had not theretofore managed to sustain. Right at this moment it seems they have failed in the challenge they set for their own imaginations.
However I hold out hope that Europeans and all of us do find the imagination necessary not to crush any Greek nuts: there, but for the grace of a new level of sociable imagination, go the rest of us. Our Paradigm is stuffed. We can imagine and achieve a much better way and we need to do so for all our sakes. Now is no time for nit pickers and small minded people to call the shots. Now is the time to stand up for a much better future for man. I thought they were doing pretty well actually. I always said the same thing about the currency union.
I never understood how you could structure a union and allow nations and government adequate tools to stimulate or curb demand if need be.
Hamstringing monetary policy seems a huge disadvantage to me I wonder if the best solution was to have a 'Euro' currency regulated by one central bank, but to allow the countries to maintain their own separate currencies to allow them to apply monetary policy tools if need be. Greece's "feckless inhabitants" you say? The Greeks were so "feckless" they were not aware that in order to enter the Eurozone the previous govt had conspired with Goldman Sachs to hide the bulk of their debt using currency swaps.
The fact of the matter is the real culprits have never made to pay, or brought to justice, so if anyone is "feckless" it is the IMF, World Bank and the International criminal court Even in the position it is in, Greece rejects austerity. I would like to think that Australia, if in the same position, would recognise the need to pull up our socks, suck it up, and get to work.
Greece as a country should be ashamed in behaving like this while relying on the charity of others. Are you serious, Listen to me?
Structural Funds: Growth, Employment and the Environment is a book on the role of transfers designed for assisting sustainable development of less developed regions within the European Union. Structural Funds: Growth, Employment and the Environment: Modelling and Forecasting the Greek Economy] [Author: Christodoulakis, Nicos] [October, ].
Throwing people out of work does not increase the ability of a government to collect more revenue, and nor does it provide consumers with the means to buy what businesses produce. What is needed is LESS austerity! Stimulate the economy as Keynes suggests, coupled with a taxation system top cream some revenue out of it!
But Austerity advocates are preaching the opposite; to throttle the economy and reduce taxes. Perhaps because the Capitalists of this world are not in the line of workers to be laid off, and want to reduce their own tax bills? That way they will be the only ones able to buy up public property when they are being auctioned at fire-sale prices? So what if it means misery for millions? The only problem is if they push it too far. Every revolution in modern times, both of the Left and the Right, has germinated and grown in the soil of popular desperation.
So, Capitalists of the World, don't overplay your hand! Take a haircut now to protect your own futures! Why am I even bothering? When was the last time a Capitalist had the humility or the wisdom to do anything except look for a maximum return NOW?
What faith should the EU have that Greece will not simply waste money when they have wasted it up until now and are not even prepared to work past Austerity and stimulus have their place in the right environments, but stimulus is not always effective and in Greece is a lost cause. Proponents of socialism feel that this is some sort of frontier in their battle against capitalism. Give up.
Greece's model is not sustainable. Listen to me, Now you're not listening yourself! Who said anything about the EU fronting up more cash? Not me! In fact, I even suggested increasing tax revenue as one component in the solution. I'm just pointing out that 1. Greece is a sovereign country and has every right to make its own decisions 2.
Those decisions should be made so as to protect the interests of its own citizens, not to prosper foreigners. Those bodies who lent so much money need to understand what 'sovereign risk' means. Personally, I think they have been downright negligent; history is full of nations simply defaulting on their debts, so it should be no surprise. Bad luck, ECB and company; you have over-played your hand! Right now, the smart thing would be to accept a haircut rather than continue to play double-or-nothing.
Meanwhile, it was nice of you to post a reply that proves my last sentence was accurate. It does so on condition of how that money is spent. Who do you think would be funding this 'stimulus'? Greece itself, through tax increases? Any stimulus would be further funded by Germany or other creditors and would likely just result in increased debt. Take a haircut? That would be the same as a Greek exit, as far as Greece's creditors are concerned, economically disastrous.
If Greece had not been operating like a socialist state the past 40 years it could be enjoying all the comforts of its capitalist neighbours. Indeed, Greece's creditors should 'take a haircut', and then the EU should cut Greece loose. I think you are right.
The bond holders need to take the haircut. Those in debt around the world will cop some pain as rates rise due to the perception of increasing risk. In a world awash with debt what could possibly go wrong? However for tax revenue to increase you need money to be flowing and the neoliberals capitalists have managed to build dams where ever there was a flow they could get their privateering hands on.