Category: Cornel Ban

Is Greece to Blame for the Crisis?

Foreign Affairs Cornel Ban, College of Arts & Sciences, Pardee School of Global Studies We at Foreign Affairs have recently published a number of pieces on the Greece economic crisis… Expert quote: “Without a doubt, successive Greek governments are responsible primarily for failing to put into place a tax collection service able to provide the […]

The Euro Is In Trouble. But Romania Still Wants In.

Huffington Post Cornel Ban, College of Arts & Sciences, Pardee School of Global Studies The extraordinary political and economic turbulence of the Greek debt crisis has prompted widespread speculation that other European countries will now think twice before joining the 19-nation eurozone… Expert quote: “It is going to be very hard to explain to people […]

Kinder, Gentler IMF Austerity Stance Came Too Late to Aid Greece

Bloomberg Cornel Ban, College of Arts & Sciences, Pardee School of Global Studies A growing recognition by IMF economists since the global financial crisis of the dangers of imposing too much austerity on cash-starved countries may have come too late to help the fund’s biggest client: Greece… View full article referencing expert Cornel Ban

The IMF’s perestroika moment

Washington Post “Monkey Cage Blog” By Cornel Ban, College of Arts & Sciences and Kevin Gallagher, College of Arts & Sciences The economic crisis that struck in 2008 challenged many myths. One of them is the myth of the International Monetary Fund (IMF) as a global agent of economic orthodoxy… View full article by experts […]

What We Fail To Talk About When We Talk About The Reinhart-Rogoff Austerity Debacle

WBUR “Cognoscenti” Co-written by Cornel Ban, College of Arts & Sciences This spring, an unusual David and Goliath battle played out in the field of economics: A graduate student from the University of Massachusetts at Amherst discovered important flaws in an influential paper written by Harvard economists Carmen Reinhart and Kenneth Rogoff… View full article

EU Austerity Measures: Why The Nobel Peace Prize Matters

WBUR “Cognoscenti” By Vivien Schmidt, College of Arts & Sciences and Cornel Ban, College of Arts & Sciences In receiving the Nobel Peace Prize, the leaders of the European Union should not only take a moment to feel justifiable pride in the recognition of the EU’s past accomplishments, but they should also take a moment […]