Diseases and development: Does life expectancy increase income growth?
Cervellati, Matteo, Sunde, Uwe. Does rising life expectancy boost economic growth? Existing evidence is mixed, with the relationship appearing to change over time. This column presents recent research showing that living longer may have a negative effect on growth to begin with, but once fertility declines the effect becomes significantly positive. Moreover, higher life expectancy […]
Understanding Eurozone debt developments by nation
Cafiso, Gianluca. 2011 was the year the Eurozone began to buckle. The weight of debt taken on following the global financial crisis two years earlier proved too much for some member countries. This column examines how debt-to-GDP ratios increased over that period, the reasons why some economies fared better than others, and what may be […]
The Threats to Greece’s Debt Deal
Stevis, Matina. The process of imposing losses to private-sector holders of Greek debt–known as private-sector involvement or PSI–has dogged policy-makers for months. If the Greek finance minister is to be taken at his word, the first large-scale restructuring of sovereign debt of the euro area is nigh. Πηγή: The Wall Street Journal πηγή