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Riad Marrakech, Location Riad Marrakech, Riads Marrakech, Riad Maroc Hotel Maroc. On Dirait Le Sud - Auberge - Gite d'Etape - Bouizakarne - Guelmin - Oasis Amtoudi - Taghjijt - Maroc. Paradis Nomade, relais 4x4 à Agadir, Maroc, hébergement en chambres d'hôtes et tentes berbères, restaurant & piscine, activités sportives pour groupes et individuels. Europe’s Debt Crisis Has Become a German Identity Crisis. “Germans, we don’t look to see what’s in our own national interest,” says Frank Schäffler.

Europe’s Debt Crisis Has Become a German Identity Crisis

“We’re drunk with Europe.” Schäffler, a member of the Bundestag, Germany’s lower house of Parliament, is speaking on the phone from his home district of Bünde. In two sentences he highlights the bedrock assumptions of postwar German politics: Greater European integration is always and necessarily a good thing, and Germany has no interests of its own. “As a good German,” Schäffler explains, “one has to be a good European.” The debt crisis in Europe has become a crisis of German identity.

Schäffler is a member of the Free Democrats, a small party of what Americans would call libertarians, serving as the junior coalition partners to Angela Merkel’s much larger and more conservative Christian Democrats. Translation: He’s tired of being forbidden to speak openly about Europe. Europe drowns in institutions, acronyms, and hope, and it’s helpful to imagine it as a series of concentric circles. Finance & Development, September 2011 - Equality and Efficiency.

Finance & Development, September 2011, Vol. 48, No. 3 Andrew G.

Finance & Development, September 2011 - Equality and Efficiency

Berg and Jonathan D. Ostry PDF version Is there a trade-off between the two or do they go hand in hand? IN his influential 1975 book Equality and Efficiency: The Big Tradeoff, Arthur Okun argued that pursuing equality can reduce efficiency (the total output produced with given resources). Do societies inevitably face an invidious choice between efficient production and equitable wealth and income distribution? In a word, no. In recent work (Berg, Ostry, and Zettelmeyer, 2011; and Berg and Ostry, 2011), we discovered that when growth is looked at over the long term, the trade-off between efficiency and equality may not exist.

Inequality matters for growth and other macroeconomic outcomes, in all corners of the globe. How do economies grow? The experiences in developing and emerging economies, however, are far more varied (see Chart 2). Income distribution and growth sustainability Hazard to sustained growth Cameroon is typical. Wall Street’s Euthanasia of Industry. Michael interviewed on Guns N Butter with Bonnie FaulknerListen here “When I was in Norway one of the Norwegian politicians sat next to me at a dinner and said, “You know, there’s one good thing that President Obama has done that we never anticipated in Europe.

Wall Street’s Euthanasia of Industry

He’s shown the Europeans that we can never depend upon America again. There’s no president, no matter how good he sounds, no matter what he promises, we’re never again going to believe the patter talk of an American President. Mr. Obama has cured us. Topics: The jobless recovery; the debt ceiling and default charade; China; Greece: banks, not countries, receive the bailouts; financial warfare; IMF and EU; European Central Bank; US credit default swaps; US agricultural exports create food dependency; currency devaluation devalues the price of labor; class war of banks against the rest of society.

I’m Bonnie Faulkner. That’s why the stock market is down 160 points today. Somebody has to lose when loans go bad. Rep. Ms. Mr. Hespress - هسبريس جريدة إلكترونية مغربية.

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