Last quote by André Sapir
The simple answer to that question is that gradually, where governments displayed weaknesses in the euro zone crisis, the credit rating agencies took a bigger and bigger role. That might seem paradoxical because at the start of the crisis the agencies were criticised a lot, and rightly so, to some extent.
Sep 16 2011
André Sapir has been quoted 8 times. The two most recent articles where André Sapir has been quoted are Financial crisis in Europe flares up again and Time for a common EU defence policy?. Most recently, André Sapir was quoted as having said, “I think the prospect of bankruptcy for Greece has been on the cards for several months. The question we have to ask is when will it happen? It would be really disastrous not to have prepared for a default, then it would be really an extremely serious event.”.
Quotes by André Sapir
Sep 12 2011
I think the prospect of bankruptcy for Greece has been on the cards for several months. The question we have to ask is when will it happen? It would be really disastrous not to have prepared for a default, then it would be really an extremely serious event.
Jun 17 2011
The most obvious reason (we have no common policy) is that great differences still exist between the EU member states, and not just on the question of when to resort to military intervention.
Oct 06 2010
The G20 has a framework in place for balanced growth at a global level, in which each of the three main players, the US, Europe and China, must act. I believe that is the solution, but China has its work cut out for it.
Oct 06 2010
It's politically very hard to point the finger at China as the country that has to act alone.
Nov 25 2008
A re-launch through consumer spending has the advantage of acting a lot faster. And I think faster is necessary.
Nov 25 2008
All the countries of Europe need to re-launch demand, re-launch investment through an increase in deficits. But in those countries with little room for manoeuvre, where the sustainability of the public finances is really in question, at the same time they have to take steps not for the short term but the medium term, measures for instance to do with pension reform.
Jun 28 2007
We can't afford not to do this; education equips people to be competitive – to be human capital. A system that doesn't do this will not be able to withstand pressures from emerging countries.
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