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Book Publication: Is Europe Facing a Democracy Crisis? 

Author:Rasmuss Filips Geks

The European Union has a democracy problem. The polycrisis that has plagued the EU for years has led to a cacophony of voices calling for fundamental change to the integration project. Yet despite the shock of the Brexit referendum and the electoral upsets caused by nativist parties across the continent, few of the plans for EU reform include concrete proposals to address the perennial democratic deficit. Read

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On budget consolidation 2011 23

Author:Vjačeslavs Dombrovskis

There is much that could be said about the government's plan for budget consolidation. I could point that the share of tax increases in this consolidation package (about half) contradicts what government's pledge in its declaration (i.e. one third). I could point to how planned net increase in the employment taxes contradicts this government's numerous earlier statements of how doing so is unacceptable. Read

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How to achieve fiscal consolidation? 13

Author:Vjačeslavs Dombrovskis

Anyone dares to argue 'budget consolidation' is not one of the main challenges for the next two years? According to the Memorandum of Understanding with the lender, the budget needs to be consolidated by 800-900 million LVL over the next two years, probably 400 million LVL for 2011. Yet 'consolidation' is a term dreaded by the politicians. So far, no political party has unveiled a clear plan of how to achieve more reasonable levels of budget deficit. Read

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Who 'owns' the IMF program? 12

Author:Vjačeslavs Dombrovskis

I thought I'd take a short break from blogging to focus on my core work. Read

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Thatcher, student politics, etc. 1

Author:Pēteris Timofejevs Henriksson

Today I woke up with a throat-ache. While it certainly is not a pleasant feeling, I thought it is, to certain extent, a blessing. Finally, I am able to stay at home and contemplate about my week. Read

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Latvia=Argentina? 4

Author:Vjačeslavs Dombrovskis

My colleagues who went to Paul Krugman's (2008 Nobel Laureate in economics) lecture at Stockholm School of Economics (the one in Stockholm) last Friday tell me there was a passage dedicated to Latvia. Read

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Stupidity does not pay 3

Author:Vjačeslavs Dombrovskis

Now Latvia is truly famous. Read

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Why Parex? 10

Author:Vjačeslavs Dombrovskis

I didn't think it would be Parex. Of course, these are hard times for the banks, but… perhaps I was under the lingering impression of how deftly Parex had eluded the Russian crisis of 1998. Somehow I must have expected that Parex would emerge unscathed after this crisis. Oh well... Read

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Me, myself and I 4

Author:Christopher Ejugbo

Hello everybody!

Welcome to my world. A world of uniqueness and diversity. I am glad to have yet another opportunity to reach out to you all out there. The two words above probably best describe me. Uniqueness is about my desire to be original, to do things is a different way-usually the better way. It is about my willingness to be creative. Diversity is about my appreciation of versatilty. I like being informed and digging for information.
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