Omiros Pissarides

By Andreas Charalambous and Omiros Pissarides The issue of income inequality lies at the heart of political discussions, both at EU and worldwide levels. Inequality manifests itself in different forms – ...

By Andreas Charalambous and Omiros Pissarides In the aftermath of the 2008 financial crisis, a number of analysts concluded that the yields of bonds of countries with diametrically opposed economic performance ...

By Andreas Charalambous and Omiros Pissarides It is generally acknowledged that the ultimate objective of governments should be to improve the welfare of their citizens. Traditionally, the GDP per capita, ...

By Andreas Charalambous and Omiros Pissarides In recent decades, the macroeconomic management of sovereign economies has become more complex due to a number of factors, including the globalisation of trade ...

Andreas Charalambous and Omiros Pissarides Back in September 2020, when we reviewed the negative performance of the once-rapidly growing Turkish economy, we felt that the country’s economic policy had reached ...

By Andreas Charalambous and Omiros Pissarides Until recent years, international financial organisations supported the view that narrowly defined fiscal discipline was an absolute prerequisite for long-term sustainable growth. The foundations ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...