The IMF’s management of the financial crisis that rocked the EU in 2010-13 has been criticised in an independent report released today. “The IMF’s handling of the euro area crisis raised issues of accountability and transparency, which helped create the…
Month: July 2016
Daily Mail slams BHS shenanigans
Daily Mail city editor Alex Brummer has today penned a coruscating critique of former BHS owner Philip Green and the role of City of London legal and accounting firms in the collapse of the UK retail business in April when…
IMF questions European labour migration
A report by the IMF about the movement of 18m from central and eastern Europe to western Europe since the fall of the Berlin Wall in 1990 says it has negatively affected the economies of the countries from which the…
Why the monetary system is not fit for purpose
The global monetary system is no longer fit for purpose and requires radical reform to promote sustainable and equitable economic development, independent consultant Shann Turnbull told the annual Association for Heterodox Economics conference in Glasgow last week. He said that…
Economics and the EU Single Market
The Single Market is at the heart of the EU project. According to European Commission, the bureaucracy that administers EU law and regulations, the Single Market “… refers to the EU as one territory without any internal borders or other…