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ABSTRACT: In Greece and other countries of the Eurozone there are a number of misconceptions about the debt crisis. I argue against seven of such misconceptions (or, myths) about the effects of default, the primary cause of the crisis, the likely effects of an exit...
Not judging by this year’s long-range response from the National Planning Commission’s talented technical, political, civil society and business thinkers. Its fascinating diagnostic analysis of why South Africa is beginning to slide off the rails is negated by the...
As the leaders of the eurozone struggle to contain Europe’s financial crisis, big question marks are appearing both over whether the euro will actually survive as a single currency and over whether the euro crisis may split the European Union (EU) politically into two...
The ongoing eurozone crisis is often projected in the media, somewhat superficially, as wholly the product of Greece's financial profligacy. There are, however, more fundamental reasons for this turmoil. The causes are to found, as the following analysis shows, in the...
All recent economic indicators point almost unambiguously to a new global recession, one which threatens to be more severe and prolonged than the 2007 crisis. While the epicentre of this developing crisis is located in the metropolitan countries, specifically the EU...
COSATU General Secretary, Zwelinzima Vavi’s, input to a meeting with French President Nicholas Sarkozy, Cannes, France, I am a trade unionist from South Africa a country with the highest rate of unemployment when compared to other middle-income countries. South Africa...
COSATU General Secretary, Zwelinzima Vavi’s, input to a meeting with French President Nicholas Sarkozy, Cannes, France, I am a trade unionist from South Africa a country with the highest rate of unemployment when compared to other middle-income countries. South Africa...
The collapse of the American financial system that occurred in 2008 has since turned into an economic and political crisis of global dimensions. [1] How should this world-shaking event be conceptualized? Mainstream economics has tended to conceive society as governed...
The collapse of the American financial system that occurred in 2008 has since turned into an economic and political crisis of global dimensions. [1] How should this world-shaking event be conceptualized? Mainstream economics has tended to conceive society as governed...