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?