Tag «Levy Institute»

CONTINUATION OF AUSTERITY MEASURES WILL PROLONG GREECE’S NATIONAL CRISIS FOR MORE THAN A DECADE AND POSES CONTAGION RISK FOR EUROZONE, NEW LEVY INSTITUTE REPORT SAYS

ANNANDALE-ON-HUDSON, N.Y.— Vowing to renegotiate the terms of Greece’s bailouts—including reversing many austerity measures, repealing labor market reforms, and restructuring a portion of the country’s sovereign debt—the anti-austerity Syriza party continues to lead polls ahead of Greece’s election on January 25. The impending vote has spurred renewed discussion about Greece exiting the eurozone and is …

OFFICIAL MEASUREMENTS SIGNIFICANTLY UNDERESTIMATE EXTENT AND SEVERITY OF POVERTY IN TURKEY, NEW LEVY STUDY SAYS

ANNANDALE-ON-HUDSON, N.Y.— By not incorporating the household production time required to carry out basic activities such as caring for children or elderly parents, official poverty measures in Turkey significantly underestimate the number of people living in poverty and the severity of their deprivation, argues a new report from the Levy Economics Institute of Bard College. …