IS IT WORTH IT? (by Monroe Newman). Whether facing everyday choices or matters of fundamental significance, thinking people ask the seemingly simple question – is it worth it? Elaborate systems of thought have been devised by economists and others to organize and regularize the consideration of the … MORE

SCENARIOS FOR THE POST-CRISIS EUROPE (by Nadia Alexandrova-Arbatova). The EU and the future of European integration are challenged by the deepest systemic crisis in its history. The world economic and financial crisis has become just a catalyst for those problems that existed earlier and were … MORE

THE UNEXPECTED CYPRUS PARADIGM CYPRUS IS FORCED TO RECONSIDER TROIKA’S NON-VIABLE CHOICE (by Andreas Theophanous). Cypriots were fully aware of the serious problems their economy was facing and that the inevitable bailout – which also became bail-in as well – agreement was … MORE

EU DISINTEGRATION AND THE REVIVAL OF NATIONALISM IN EUROPE (by Giorgos Kentas). The European Union (EU) is growing thinner, both in confidence and potential. The economic crisis revealed the lack of cohesion and the incapacity of the current institutional structures to deal with such an extraordinary … MORE

THE ESSENCE OF ECONOMIC MEMORANDA AND THEIR BEST KEPT SECRETS  (by Soteris Kattos). It is becoming not only a new modus vivendi but also a new modus operandi. Wherever and whenever memoranda of understanding on specific economic policies conditionality are implemented, the outcome is exactly … MORE

THE EURO: A BAD ROLE MODEL FOR THE AMERO (by Craig Webster). During the 1960s, Béla Balassa outlined the stages by which countries may become integrated, from the most basic forms of integration (the preferential trading area) to more fully integrated blocs. While there are a number of trading blocs … MORE