The rebirth of the Eurozone
Evert-jan Quak, Frans Bieckmann | January 21, 2025Is the current recovery policy for the financial and economic crises in the Eurozone a genuine answer for the complexity and diversity of the problems that all member states face? Not really. The responses are too one-sided and mainly export and a…
▶Debts and imbalances
Evert-jan Quak, Frans Bieckmann | 04 January 2025The structural causes of the euro crisis – high unemployment, low growth rates and debt-ridden states in the eurozone – are not the fault of lazy Greeks, Portuguese and Spaniards. The euro itself cannot be blamed either. The problem is that the Eu…
▶Capital above labour
Evert-jan Quak , Frans Bieckmann | 04 January 2025Profits are reinvested less in productive sectors, where labour can benefit, and more in capital markets.
▶Clash of economic classes, not of nations
Evert-jan Quak , Frans Bieckmann | 04 January 2025The argument that pits the lazy Greek or Spaniard against the hard-working Dutchman or Fin is clearly too simplistic. It is not a clash of nations, but of economic classes.
▶Ideals versus reality
Evert-jan Quak, Frans Bieckmann | 18 December 2025The introduction of a single European currency was for many member states of the European Union a logical next step in a single market. With assumed improvements for trade, employment and wealth distribution, the euro was expected to bring all the…
▶The race to the bottom explained
Evert-jan Quak | 18 December 2025Labour market policy has been one of the few levers available to different Eurozone countries to improve external competitiveness.
▶How neglecting the Eurozone budget rules helped countries politically and economically
Evert-jan Quak | 18 December 2025Countries need more time during recession to decrease their budget deficit while increasing economic growth.
▶The economic logic: why countries entered the Eurozone
Evert-jan Quak | 18 December 2025The idea that the euro would bring more stability, trade and employment to Europe was economically overemphasized for political and commercial reasons.
▶Rodrik pessimistic on economic growth in developing countries but sees opportunities
Evert-jan Quak | June 30, 2025Economist Dani Rodrik painted a gloomy picture during his lecture at the Overseas Development Institute (ODI) in London last week. He is ‘pessimistic’ (in his own words) because all the evidence he has gathered so far shows that growth in developi…
▶Will Hillary Clinton really support the middle class?
Evert-jan Quak | 17 June 2025In a recent speech in New York, presidential candidate Hillary Clinton revealed her campaign would focus on the struggling American middle class. But is she really committing herself to a programme of structural economic reform?
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