Jumat, 24 April 2015


  1. The new EU Directive on the mutual recognition of professional qualifications has arrived! It's going to be Bolognia all over again!
  2. The EU announces that member states are now allowed to channel a great deal more State Aid to their film industries than previously - including funding the 'modernisation' of individual cinemas. Apparently, Europe produces more films than India, and that's somehow a good thing. 
  3. The World Bank's study tracking the size of the high-seas piracy sector off the horn of Africa is now out, and makes for fantastic reading. Also note the Creative Commons 3.0 Unported licence. A bit more detail here.
  4. I almost never post these but ACCA's Global Economic Conditions Survey, of which I am the editor, came out a few days ago and is very interesting. 
  5. The IMF's mea culpa team has kind of over-done it here - a study with a very limited sample up to 09 finds that fiscal multipliers increase during rapid consolidations. Still, interesting for its approach to measuring the speed of fiscal consolidation. 
  6. More from the IMF - how sovereign wealth funds work.
  7. Post-bailout Ireland's industrial production exploded last month, but Europe's production fell by 0.5%
  8. A recent paper explores the effect of cigarette taxes on consumption in Greece, and the potential benefits of smokers cutting down. 
  9. Venezuela slides further down towards shithole status.

Selasa, 07 April 2015


  1. Among many other dubious distinctions, did you know Greece is one of the worst places for employers trying to hire skilled expats? Anyone surprised? 
  2. A warning for Greece - electronic tax filing may not reduce compliance costs.
  3. The Ukraine's celebrated drift towards Europe is apparently over.
  4. The World Bank finds a negative correlation between indicators of good bank governance and bank capitalisation. Discuss.
  5. Still with the World Bank: the latest financial development report looks into what happens when individual borrowers benefit from debt forgiveness. No spoilers, turn to pg 99.
  6. How much inequality is there in the world?

Minggu, 26 Januari 2014


  1. The OECD's review of barriers to competition in Greece has now been published. Full report here.
  2. Latest Eurobarometer survey on the state of the Eurozone finds that the Irish and the Greeks are still supportive of the common currency (see pg 9), although other PIIGS are disillusioned. See also pp 49.  Killer graph on page 58, where the Portuguese, Greeks and Spaniards turn out to be the Europeans least convinced of their countries' need to reform.
  3. Still with the Eurobarometer folks, Greece has some of the longest traineeships in Europe.
  4. And 7% of Greeks own handguns, 19% of which for 'personal protection.'
  5. The 2013 Health Consumer Index ranks Greece 25th out of , down from 22nd in 2012. Read the full report here, with particular emphasis on pp. 14-15, where the researchers find Greece's reported reduction in health spending unreliable. 
  6. Speaking of public health, the findings of this decade-old survey of excess winter mortality in Europe clearly reflect the distinction between European core and periphery. Discuss.
  7. The OECD has released its economic survey of Greece for the coming year, anticipating much slower growth than the government's estimates. Please note that the OECD has so far predicted Greece's fiscal multiplier more accurately than the Commission or the IMF, although it's unclear why. 
  8. Still with the OECD, the results of the PISA 2012 survey, the latest in the definitive series of studies comparing educational outcomes across the world, are due this Wednesday, 3 Dec. Stay tuned here.
  9. PwC and the World Bank have released its 2014 Paying Taxes index report, looking into the administrative cost of paying business taxes around the world. Some Greek figures included.