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Showing posts with label Greece. Show all posts
Showing posts with label Greece. Show all posts

16 Feb 2012

Greek bailout myths

"The last-minute cancellation of a eurozone ministerial meeting to confirm a joint European Union-International Monetary Fund package worth €130 billion exemplifies the chaos and mistrust around the eurozone's attempts to rescue the Greek economy"

The Hindu : Opinion / Editorial : Greek bailout myths: What Greece needs instead is systemic improvement of its ramshackle tax-collection system and far more investment in solid production, but the eurozone proposals neglect that and will almost certainly exacerbate Greece's problems.

16 Jan 2012

Beat The Gloom

To do that, India needs investment-driven growth


Beat The Gloom

-The Times of India, January 16, 2012

"India's projected 7% GDP growth should be applauded, not compared to the pre-2008 9%-plus," thinks the American Economist Joseph Stiglitz. The article calls for the need for investment-driven growth.