Omiros Pissarides

The euro is the second largest reserve currency, but so far the dollar still reigns supreme By Andreas Charalambous and Omiros Pissarides Since the end of World War II, the ...

By Andreas Charalambous and Omiros Pissarides Humanity has made remarkable progress in dealing with the energy crisis caused by the war in Ukraine. However, a lot remains to be done. ...

By Andreas Charalambous and Omiros Pissarides The prolonged period of rising inflation over the past year and a half has pushed major Central Banks to successive interest rate hikes. Specifically, ...

By Andreas Charalambous and Omiros Pissarides Discussions to resolve the Cyprus problem are currently at a standstill, while the work of technical groups on various aspects has been suspended. However, ...

By Andreas Charalambous and Omiros Pissarides With the easing of the pandemic and the gradual reactivation of economies, rising inflation was initially perceived as a transitory phenomenon. The authorities’ underestimation ...

By Andreas Charalambous and Omiros Pissarides The economy of Cyprus depicts positive features as regards growth, employment and public finances. However, its economic development model requires radical adaptation in order ...

By Andreas Charalambous and Omiros Pissarides Income inequality followed an increasing trajectory at a global level until the mid-1990s and a downward trend in the subsequent period. Over the ...

By Andreas Charalambous and Omiros Pissarides Fiscal policy traditionally focuses on satisfying certain nominal targets, mainly regarding the fiscal deficit and public debt. An interesting discussion is currently taking place ...

By Andreas Charalambous and Omiros Pissarides The issue of human influence on climate change has been at the centre of public debate since the late 1970s. Amongst the majority of ...

By Andreas Charalambous and Omiros Pissarides In 2022, the world economy exhibited subdued growth, accompanied by intense inflation pressures and energy security concerns. The continuing pandemic – particularly acute in China – the ...

By Andreas Charalambous and Omiros Pissarides Since the financial crisis of 2008, the main central banks have allocated more than $25 trillion to support the global economy. The European Central Bank (ECB) ...

By Andreas Charalambous and Omiros Pissarides The key feature of the Turkish Cypriot economy (TCE) is its over-dependence on Turkey, mainly in terms of trade relations, financing of the ‘public’ ...

By Andreas Charalambous and Omiros Pissarides Less than three weeks ago, the British Chancellor of the Exchequer Jeremy Hunt unveiled an austere government budget, which includes a fiscal adjustment of £55 ...

By Andreas Charalambous and Omiros Pissarides During the period 2010-2020, the prices of conventional forms of energy (coal, oil, natural gas) remained at historically low levels, mainly reflecting the markets’ ...

By Andreas Charalambous and Omiros Pissarides The Sahel zone is located south of the Sahara desert and it stretches from the west coast of Africa to the east coast by ...

By Andreas Charalambous and Omiros Pissarides Within the context of the upcoming presidential elections, various topics related to pensions are at the forefront of the public debate in Cyprus. These ...

By Andreas Charalambous & Omiros Pissarides The Kingdom of Saudi Arabia (SA) is an example of a state, whose economic and foreign policies have traditionally centered around its natural wealth. ...

By Andreas Charalambous Omiros Pissarides Largely due to its size and geopolitical factors, the Turkish economy continues to attract the interest of economic analysts. The recent decision of the Turkish ...

By Andreas Charalambous and Omiros Pissarides For a prolonged period the prices of conventional energy (coal, oil and natural gas) were contained at low levels, mainly reflecting the view that ...

By Andreas Charalambous and Omiros Pissarides Saudi Arabia has traditionally based its policies on exploiting its natural wealth. Its government/administrative structure rests on the power of the Saud family ...

The absence of mechanisms to fight corruption has downgraded our country By Achilleas Demetriades Corruption in Cyprus in 2022 has filtered through most aspects of our society. First we need to ...

By Andreas Charalambous and Omiros Pissarides Recent developments suggest that the US and the EU are moving towards stagflation, that is the coexistence of inflation and low economic growth, with ...

By Andreas Charalambous and Omiros Pissarides The idea of adopting a green tax system, within the context of comprehensive reform aiming to tackle the severe energy supply shortages and, at ...

By Andreas Charalambous and Omiros Pissarides Income inequality refers to the gap between rich and poor within a country. Inequality arises due to a number of factors, including the level ...