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Thomas Straubhaar: “Integration remains a political process”

Thomas Straubhaar: "Integration remains a political process"
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TS: If we focus on the short-term effects, we can say that QE has helped to turn around the very negative mood in Europe and helped stabilise the European financial markets. On the other hand, QE is associated with two long-term costs: (a) the loss of confidence in ECB → the ECB has somehow lost […]

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Corruption and corporatism – is TTIP still desirable for the EU?

Corruption and corporatism – is TTIP still desirable for the EU?
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At the beginning of every economics course, students are taught that the free-market concept represents the solution to all the world’s economic problems. Markets alone are able to self-adjust so that there is no misallocation of resources. Hence, entrepreneurs know that absence of state interventionism will help them better predict the future, in which only […]

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