Omiros Pissarides

By Andreas Charalambous and Omiros Pissarides In recent decades, the Chinese economy has been expanding at a fast pace and has proved to be a strong driving force behind the ...

By Andreas Charalambous and Omiros Pissarides The global economy is undergoing a difficult period, characterised by the enduring geopolitical turmoil and uncertainty, which adversely affect energy security and food sufficiency ...

The geopolitical tensions in recent years have taken a toll on the climate of cooperation, especially between major countries. The global economy is rather sluggish, financing conditions have worsened, while ...

By Andreas Charalambous and Omiros Pissarides The Cypriot economy depicted a satisfactory performance in the first half of 2023, including the tourism sector, despite the summer outbreak of weather phenomena and ...

By Andreas Charalambous and Omiros Pissarides With the end of the pandemic, the accumulated demand, and increased savings, partly as a result of the significant government support packages, led to ...

It is lagging far behind when it comes to environment and sustainability By Andreas Charalambous and Omiros Pissarides The growth of GDP as the main objective of macroeconomic policy is ...

By Andreas Charalambous and Omiros Pissarides Three years after defaulting on its repayments, Zambia recently reached a debt relief deal. The end of the impasse over the African nation’s ...

By Andreas Charalambous and Omiros Pissarides With the advent of ChatGPT in November 2022, the discussions around artificial intelligence have intensified. Significant benefits appear to be in the pipeline in terms ...

By Andreas Charalambous and Omiros Pissarides For more than a century, oil has retained its international position as the main source of energy, utilised, among other things, for fuelling vehicles, ...

By Andreas Charalambous and Omiros Pissarides Demographic trends, most notably the declining trend of indigenous populations, mainly due to low birth rates, is a key challenge for all developed countries. ...

The euro is the second largest reserve currency, but so far the dollar still reigns supreme By Andreas Charalambous and Omiros Pissarides Since the end of World War II, the ...

By Andreas Charalambous and Omiros Pissarides Humanity has made remarkable progress in dealing with the energy crisis caused by the war in Ukraine. However, a lot remains to be done. ...

By Andreas Charalambous and Omiros Pissarides The prolonged period of rising inflation over the past year and a half has pushed major Central Banks to successive interest rate hikes. Specifically, ...

By Andreas Charalambous and Omiros Pissarides Discussions to resolve the Cyprus problem are currently at a standstill, while the work of technical groups on various aspects has been suspended. However, ...

By Andreas Charalambous and Omiros Pissarides With the easing of the pandemic and the gradual reactivation of economies, rising inflation was initially perceived as a transitory phenomenon. The authorities’ underestimation ...

By Andreas Charalambous and Omiros Pissarides The economy of Cyprus depicts positive features as regards growth, employment and public finances. However, its economic development model requires radical adaptation in order ...

By Andreas Charalambous and Omiros Pissarides Income inequality followed an increasing trajectory at a global level until the mid-1990s and a downward trend in the subsequent period. Over the ...

By Andreas Charalambous and Omiros Pissarides Fiscal policy traditionally focuses on satisfying certain nominal targets, mainly regarding the fiscal deficit and public debt. An interesting discussion is currently taking place ...

By Andreas Charalambous and Omiros Pissarides The issue of human influence on climate change has been at the centre of public debate since the late 1970s. Amongst the majority of ...

By Andreas Charalambous and Omiros Pissarides In 2022, the world economy exhibited subdued growth, accompanied by intense inflation pressures and energy security concerns. The continuing pandemic – particularly acute in China – the ...

By Andreas Charalambous and Omiros Pissarides Since the financial crisis of 2008, the main central banks have allocated more than $25 trillion to support the global economy. The European Central Bank (ECB) ...

By Andreas Charalambous and Omiros Pissarides The key feature of the Turkish Cypriot economy (TCE) is its over-dependence on Turkey, mainly in terms of trade relations, financing of the ‘public’ ...

By Andreas Charalambous and Omiros Pissarides Less than three weeks ago, the British Chancellor of the Exchequer Jeremy Hunt unveiled an austere government budget, which includes a fiscal adjustment of £55 ...

By Andreas Charalambous and Omiros Pissarides During the period 2010-2020, the prices of conventional forms of energy (coal, oil, natural gas) remained at historically low levels, mainly reflecting the markets’ ...