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Study: Wage-setting Strategies for the Eurozone

  In a recent blog post we showed that the upturn of the German economy between 2000 and 2009 was primarily due to a restrictive wage policy. Our newest study seeks to answer the question whether this strategy could work for the crisis-ridden southern European countries. We look at three different wage-setting scenarios:   Reference […] More ...

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Germany: From “Sick Man of Europe” to “Economic Superstar”
What are the main reasons behind this development and what is the price of economic success

During the early years of the new millennium, Germany was considered to be the “sick man of Europe”, yet since then, it has become the strongest economy on the European continent. This article describes the main reasons behind this development and in doing so also dis-cusses the price of economic success. More ...

A word cloud taken from an article on the European Debt Crisis / Euro Crisis. Image Courtesy: EuroCrisisExplained © flickr

The Euro Crisis: Is Trade the Solution?

Five years have passed for the European Union to consider the causes of the Euro Crisis; five years to implement reforms, and five years to kickstart growth. So where do we really stand? How did we get here? And what is left to do? We sat down with some experts from both sides of the debate to find answers More ...

Image Courtesy: Adam Baker © flickr Image Courtesy: Adam Baker © flickr

Quantitative Easing in the EU: Addressing the Symptom or the Cause?

It may be a new year, but Europe’s economic malaise remains decidedly familiar. Current headlines announcing anemic growth, unemployment, and the looming potential of a Syriza-provoked Grexit could easily be pulled from newspapers published in 2011. The eurocrisis increasingly appears like a virus that must be kept in remission. The latest course of treatment, Europe’s version of quantitative easing, was announced by the European Central Bank More ...