Economia
Barry Eichengreen ewscreveu um artigo, do qual felizmente o blog Irish Economy publicou uma tradução integral em inglês sobre o programa de apoio à Irlanda no qual considera que este programa apenas adia o problema e que o encargos para a economia irlandesa associados ao mesmo poderão dentro de alguns anos ascender a cerca de 10% do PIB e que essa situação não é politicamente sustentável, comparando-a mesmo com a situação da Alemanha no pós I Guerra Mundial, nem economicamente sustentável porque irá exigir uma "desvalorização interna" dos salários e cortes orçamentais incomportáveis.
Sintomaticamente este artigo surge ao mesmo tempo de um artigo de Kevin O'Rourke (reproduzido por Krugman no seu blog) onde refere:
"(...) we are about to have a general election, and if Brussels thinks that this deal is not going to be the big issue in that election, then they are even more out of touch than we already think they are. It is no longer even certain that the budget will be passed in December. Brussels may not have a Plan B, but they had better prepare one nonetheless.
Irish citizens may bring down the bailout of foreign bank creditors by voting at the ballot box, but if they do not, they will bring about a default of some kind by voting with their feet. We now face a negative spiral in which austerity causes emigration, which increases the burden of the debt, which ultimately leads to more austerity. (...)
Iceland is an obvious model for us. In a referendum, her voters have already rejected a proposal to pay back their banks’ creditors, who will take major losses. Now they have elected a constitutional assembly charged with drafting a new constitution. Ireland probably needs this more than does Iceland; I wish I were more confident that we will follow the latter’s example."
- A Economist Sobre Portugal, Grécia E Irlanda, A Ler
"Eles vão rebentar. Reconheçam" "(...) These economies [Greece, Ireland and Portugal] are on an unsustainable course, but not for lack of effort by their governments. Greece and Ireland have made heroic budget cuts. Greece is trying hard to free up...
- Ler Os Outros: Choices For Greece - Tyler Cowen
"(...) If it left the euro zone, Greece could reap the substantial benefits of a currency depreciation, but doing so would also set off huge runs on banks. And the country has no alternative paper currency ready for use. If you are a euro optimist, you...
- Dois Artigos De Krugman
Nos útlimos dias publicou dois excelentes artigos sobre a crise na zona Euro. O último intitula-se "Spanish prisoner" e apesar de conter uma referência a Portugal, considerando que é geralmente apontado como o próximo "dominó", centra-se na Espanha...
- Sobre Paul Krugman
Overrated Overrated: Paul Krugman JOHN PHELAN July/August 2012 From his perch in the New York Times he says one ridiculous thing after another. In the British context Krugman's risible thesis is that the economy is...
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E-voting: ameaça do século XXI? Wired News: How E-Voting Threatens Democracy Trecho: "In January 2003, voting activist Bev Harris was holed up in the basement of her three-story house in Renton, Washington, searching the Internet for an electronic...
Economia
Um artigo de Eichengreen
Barry Eichengreen ewscreveu um artigo, do qual felizmente o blog Irish Economy publicou uma tradução integral em inglês sobre o programa de apoio à Irlanda no qual considera que este programa apenas adia o problema e que o encargos para a economia irlandesa associados ao mesmo poderão dentro de alguns anos ascender a cerca de 10% do PIB e que essa situação não é politicamente sustentável, comparando-a mesmo com a situação da Alemanha no pós I Guerra Mundial, nem economicamente sustentável porque irá exigir uma "desvalorização interna" dos salários e cortes orçamentais incomportáveis.
Sintomaticamente este artigo surge ao mesmo tempo de um artigo de Kevin O'Rourke (reproduzido por Krugman no seu blog) onde refere:
"(...) we are about to have a general election, and if Brussels thinks that this deal is not going to be the big issue in that election, then they are even more out of touch than we already think they are. It is no longer even certain that the budget will be passed in December. Brussels may not have a Plan B, but they had better prepare one nonetheless.
Irish citizens may bring down the bailout of foreign bank creditors by voting at the ballot box, but if they do not, they will bring about a default of some kind by voting with their feet. We now face a negative spiral in which austerity causes emigration, which increases the burden of the debt, which ultimately leads to more austerity. (...)
Iceland is an obvious model for us. In a referendum, her voters have already rejected a proposal to pay back their banks’ creditors, who will take major losses. Now they have elected a constitutional assembly charged with drafting a new constitution. Ireland probably needs this more than does Iceland; I wish I were more confident that we will follow the latter’s example."
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- A Economist Sobre Portugal, Grécia E Irlanda, A Ler
"Eles vão rebentar. Reconheçam" "(...) These economies [Greece, Ireland and Portugal] are on an unsustainable course, but not for lack of effort by their governments. Greece and Ireland have made heroic budget cuts. Greece is trying hard to free up...
- Ler Os Outros: Choices For Greece - Tyler Cowen
"(...) If it left the euro zone, Greece could reap the substantial benefits of a currency depreciation, but doing so would also set off huge runs on banks. And the country has no alternative paper currency ready for use. If you are a euro optimist, you...
- Dois Artigos De Krugman
Nos útlimos dias publicou dois excelentes artigos sobre a crise na zona Euro. O último intitula-se "Spanish prisoner" e apesar de conter uma referência a Portugal, considerando que é geralmente apontado como o próximo "dominó", centra-se na Espanha...
- Sobre Paul Krugman
Overrated Overrated: Paul Krugman JOHN PHELAN July/August 2012 From his perch in the New York Times he says one ridiculous thing after another. In the British context Krugman's risible thesis is that the economy is...
-
E-voting: ameaça do século XXI? Wired News: How E-Voting Threatens Democracy Trecho: "In January 2003, voting activist Bev Harris was holed up in the basement of her three-story house in Renton, Washington, searching the Internet for an electronic...