Word: financees
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Of course, investors' nerves are based on the idea that a clear election winner would create the best conditions for tackling that treacherous shortfall. While it's a reasonable assumption, it's hardly foolproof. Prime Minister Gordon Brown has little credibility left when it comes to the economy following his...
Barroso sees this is a crisis-driven leap into further European economic integration. Euro-zone finance ministers are already putting Greece's budgetary policies under more scrutiny than any member state has ever had to endure - and there are now suggestions that similar measures could be taken with economic policies...
In a letter sent to department and center administrators early last month, FAS Dean for Administration and Finance Leslie A. Kirwan ’79 sought to clarify the ongoing budgeting approach based on the first-dollar principle.
To a certain extent, mounting sovereign debt is a natural outcome of the recent recession. As in any downturn, tax revenues shrank but government spending increased to stimulate sagging economies. The result: budget deficits and more borrowing. Expensive banking-sector bailouts made the burden even heavier. That's not automatically...
“[Gopinath] straddles both international finance and some macro, and macro is an area where we are not as strong as we could be,” said Economics Professor Claudia Goldin, who is currently on leave.