Economic policy and defence spending
By Andreas Charalambous and Omiros Pissarides
For most countries defence spending constitutes a percentage of their GDP which is not negligible. As a case in point, during 2020 the five nations ...
Articles
Should we be worried about heightened inflation?
By Andreas Charalambous and Omiros Pissarides
Inflation is generally regarded as a key macroeconomic indicator because of its negative impact on incomes, but also due to its adverse side effects ...
The challenges of the global economic system
It is a system which appears to be compatible with different political perceptions
By Andreas Charalambous and Omiros Pissarides
The socio-economic challenges of the 21st century are universal in nature ...
European Commission forecasts and the outlook for the Cyprus economy
By Andreas Charalambous and Omiros Pissarides
At regular intervals, the European Commission undertakes an assessment of the economies of the member countries of the EU. This process, known as ‘European ...
Attracting all the talent out there and keeping it in Cyprus
By Melissa Heckers,
Although prevented from doing so for many years, the island’s state universities are now keen to attract students from private schools who only have A level ...
Economic prospects and pillars of growth
By Andreas Charalambous and Omiros Pissarides
With the global economy battling the second wave of the coronavirus, the focus inevitably turns to the short-term management of the biggest socio-economic crisis ...
Government guarantees as an instrument of economic growth
By Andreas Charalambous and Omiros Pissarides
The practice of granting government guarantees to secure bank loans for businesses is widely spread.
In Cyprus, this practice has been pursued on a ...
Economy and the environment – a relationship in need of urgent re-evaluation
By Andreas Charalambous and Omiros Pissarides
The 21st century has delivered unprecedented prosperity and peace to mankind, especially in the developed world. Despite the fact that regional and social inequalities ...
Brexit and its repercussions for Europe and Cyprus
By Andreas Charalambous and Omiros Pissarides
The Agreement for Trade and Cooperation between the EU and the UK was achieved virtually at the last moment after difficult negotiations. It mainly ...
German sovereign debt – a radical change of approach
Andreas Charalambous and Omiros Pissarides
We have recently written about global debt and the high levels of government borrowing, accumulated as a response to the global pandemic and aided by ...