{"id":14792,"date":"2017-12-05T16:10:46","date_gmt":"2017-12-05T15:10:46","guid":{"rendered":"https:\/\/www.femise.org\/?p=14792\/"},"modified":"2019-01-16T15:23:56","modified_gmt":"2019-01-16T14:23:56","slug":"femise-med-brief-no1-twin-deficits-and-the-sustainability-of-macroeconomic-policies","status":"publish","type":"post","link":"https:\/\/www.femise.org\/en\/slideshow-en\/femise-med-brief-no1-twin-deficits-and-the-sustainability-of-macroeconomic-policies\/","title":{"rendered":"FEMISE MED BRIEF no1 : Twin Deficits and the Sustainability of Macroeconomic Policies"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignleft wp-image-14780\" src=\"https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/Pages-de-MEDBRIEF-no1s.jpg\" alt=\"\" width=\"170\" height=\"240\" srcset=\"https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/Pages-de-MEDBRIEF-no1s.jpg 3084w, https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/Pages-de-MEDBRIEF-no1s-212x300.jpg 212w, https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/Pages-de-MEDBRIEF-no1s-768x1086.jpg 768w, https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/Pages-de-MEDBRIEF-no1s-724x1024.jpg 724w, https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/Pages-de-MEDBRIEF-no1s-624x883.jpg 624w\" sizes=\"(max-width: 170px) 100vw, 170px\" \/><em><span style=\"color: #000080;\">FEMISE\u00a0is launching its new Policy Brief series <strong>MED BRIEF<\/strong> aspiring to provide Forward Thinking for the EuroMediterranean region. The briefs contain succinct, policy-oriented analysis of relevant EuroMed issues, presenting the views of FEMISE researchers and collaborators to policy-makers.\u00a0<\/span><\/em><\/p>\n<p><strong><a href=\"https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/MEDBRIEF-no1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">The first issue of MED BRIEF is now available for download by clicking here.<\/a><\/strong><\/p>\n<p><a href=\"https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/MEDBRIEF-1-Arabic.pdf\" target=\"_blank\" rel=\"noopener\"><strong>It is also available in Arabic here.<\/strong><\/a><\/p>\n<div id=\"attachment_14785\" style=\"width: 158px\" class=\"wp-caption alignright\"><img aria-describedby=\"caption-attachment-14785\" decoding=\"async\" loading=\"lazy\" class=\"wp-image-14785\" src=\"https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/simon1-nb.jpg\" alt=\"\" width=\"148\" height=\"198\" srcset=\"https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/simon1-nb.jpg 3024w, https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/simon1-nb-225x300.jpg 225w, https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/simon1-nb-768x1024.jpg 768w, https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/simon1-nb-624x832.jpg 624w\" sizes=\"(max-width: 148px) 100vw, 148px\" \/><p id=\"caption-attachment-14785\" class=\"wp-caption-text\">Pr. Simon Neaime (American University of Beirut, FEMISE)<\/p><\/div>\n<p>This policy brief looks at the issue of fiscal and macroeconomic sustainability in the European Union\u2019s (EU) countries of Greece, Ireland, Italy, Portugal and Spain and a subset of Mediterranean Partners (MPs) Egypt, Jordan, Morocco, Tunisia, and Lebanon. It answers the following question: How can the EU and MED countries in financial and debt crises curb macroeconomic imbalances (huge public debt, budget and current account deficits) at a time of low economic growth, high unemployment rates, rising inflation, and rising social demands for inclusion? Finally, this policy brief assesses past implemented International Monetary Fund (IMF) macroeconomic policies in light of the various austerity measures that have been introduced, and offers alternative potential macroeconomic policy solutions and remedies.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><i><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-14796 alignleft\" src=\"https:\/\/www.femise.org\/wp-content\/uploads\/2017\/12\/te\u0301le\u0301chargement-3.png\" alt=\"\" width=\"94\" height=\"62\" \/>The policy brief has been produced with the financial assistance of the European Union within the context of the FEMISE program. The contents of this document are the sole responsibility of the authors and can under no circumstances be regarded as reflecting the position of the European Union.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FEMISE\u00a0is launching its new Policy Brief series MED BRIEF aspiring [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":14780,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0},"categories":[248,7,4],"tags":[682,330,491,680,683,586,137,685,631,495,496,319,684,681,530,329,630],"acf":[],"_links":{"self":[{"href":"https:\/\/www.femise.org\/en\/wp-json\/wp\/v2\/posts\/14792"}],"collection":[{"href":"https:\/\/www.femise.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.femise.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.femise.org\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.femise.org\/en\/wp-json\/wp\/v2\/comments?post=14792"}],"version-history":[{"count":5,"href":"https:\/\/www.femise.org\/en\/wp-json\/wp\/v2\/posts\/14792\/revisions"}],"predecessor-version":[{"id":17426,"href":"https:\/\/www.femise.org\/en\/wp-json\/wp\/v2\/posts\/14792\/revisions\/17426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.femise.org\/en\/wp-json\/wp\/v2\/media\/14780"}],"wp:attachment":[{"href":"https:\/\/www.femise.org\/en\/wp-json\/wp\/v2\/media?parent=14792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.femise.org\/en\/wp-json\/wp\/v2\/categories?post=14792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.femise.org\/en\/wp-json\/wp\/v2\/tags?post=14792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}