Policy entrepreneur
With the crisis, greek banks have been suffering from huge deposit flight. Official figures show that at least 80 billion euros have been moved abroad since 2009. What consequences for the greek economy? And how to address the problem?
» Read moreOne year ago, the 15M movement started in Spain, followed by a rise of protesters from Athens, NYC, London, Brussels, Frankfort and many other places all over the World. As a tribute to this wind of change, republish here a paper I wrote last year on my french blog, when the indignados movement emerged in Spain. This post went viral
» Read moreFollowing my earlier post that intend to show that Greece could be well better outside of the eurozone, let’s have a look of the aftermaths of such a scenario for the eurozone. Here is what I found from official figures and some calculations…
» Read moreIn my last post on Boiling Frogs, I detail three measures the central bank of Greece could take if the country were to exit the eurozone. These measure are intended to manage the expected collapse of the banking system and strengthen the local economy, thus giving much chances to Greece’s economy to recover. Read them here.
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Th FT Alphaville mentions my analysis of the balance sheet of the central bank of Cyprus.
» Read moreThe last balance sheet released by the Central bank of Cyprus confirms that the cypriot banking sector is under emergency liquidity assistance injection.
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Iceland is often portrayed as a role model for managing its economic collapse, but while part of this acclamation is justified, it should not be idealized. Following my last post where I attributed much of the country’s revival to one specific decision to cancel 70% of its external debt, I would like to highlight here some facts that tend to
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The spanish governement is announcing a bailout plan for its private banks that could end up in injecting up to 10 bn of capital in Bankia. Of course, Spanish people are not very happy about that. On twitter, the hashtag #hagamoscomoIslandia (let’s do as Iceland did) is currently trending. But can Spain really do as Iceland did ?
» Read moreAn initiative to establish a new federal law “For an unconditional basic income” was formally introduced in Switzerland in April. The idea, which consists quite simply of giving a monthly income to all citizens that is neither means-tested nor work-related, has generated commentary throughout the Swiss blogosphere. My review can be read on Global Voices.
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