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Edward Hugh 152 posts 0 comments
Ed was a macro economist based in Barcelona, who specialized in growth and productivity theory, demographic processes and their impact on macro performance, and the underlying dynamics of migration flows.
He was a lovely person and a prolific blogger in his time. Ed’s analyses can be found on his “Don’t Shoot the Messenger” blog on www.economonitor.com, at the India Economy Blog, A Fistful of Euros, Global Economy Matters and Demography Matters. He was a founding member of all these weblogs.
By Edward Hugh According to the Economist’s Buttonwood, “desperate times require desperate measures”. I am sure this is right, times in Spain are certainly getting desperate and many of the measures being implemented in Brussels, far from…
Bulgaria: De-population on a massive scale
According to Angela Merkel, speaking in the German city of Mainz in mid February, European countries struggling with the fallout of the euro-area debt crisis have much to learn from East Germany’s experience with economic overhaul…
Is Spain’s economic contraction now self-perpetuating?
The core of the issue is not whether the country could see one, or even two, quarters of positive performance, but whether any faltering recovery will be sustained out into the future, through 2014 and beyond. It is here that all the old…
Japan’s Looming Singularity
The rise and rise of Japanese debt is far from benign, and the dynamic, we are convinced, will at some point become unsustainable. Unfortunately by the time we reach that point it will be too late. Indeed, given that we agree with Krugman…
In Search Of Lost Demand
Why is the global economy hamstrung by heavy debts and weak banks? Or put another way, why doesn’t deleveraging happen, and the weight of debt reduce, and why doesn’t the economy expand so the weak banks can once more become robust and…
Spain and the Owl Of Minerva
Simply cutting the deficit back and cleaning up bank balance sheets won’t get the economy back to growth. Indeed this habit of continually getting behind the curve, and trying vainly now that the economy is spiralling almost out of control…
Is the Italian elephant about to break loose again?
And going beyond April, the political arithmetic of a post Monti government looks complicated, making the kind of stability needed to advance what the population may well see as “harsh” reforms unlikely. In other words, as Monti says, when…
Rescue Me
I guess we will never know whether or not Mariano Rajoy uttered the two magic words so effectively immortalized in song by Aretha Franklin that Saturday afternoon in late May as he cruised down the Chicago River in what Spanish media called…
Global Growth Is Slowing
So momentum is weakening across the entire global economy at the present point, not just in say Europe, or China. Global output is still growing but it is growing at an increasingly weaker pace. What could change that?
On Lord Wolfson’s Economic Prize for Leaving Euro Area
At around 9:00am London time this morning Lord Wolfson held a press conference to announce the five finalists in his economics prize contest. Naturally Lord Wolfson is not looking for just any solutions, as the initial question makes clear,…