Micro Lenders

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Tuesday, 14 February 2012

Not-So-Still Life: A Greek Riot Scene

Posted on 00:17 by Unknown
I'm a bit strapped for time today so here's something that captures the moment in Greece. On Facebook, my Greek friends have been posting these sorts of riot pictures and videos for several years now. I suppose it's conventional scenery when the IMF is called into action. Whether the IMF's presence raises the probability of these scenes happening or whether social disturbances are more indicative of government mismanagement is certainly a question for debate. It's back to the old debate of whether the IMF is merely the "doctor" called in when a nation's financial situation is already dire, or if the IMF makes matters worse by prescribing cures alike austerity measures that give rise to social disturbances that are worse than the (financial) ailment.

For all that, some research suggests that the IMF softens labour conditionalities where unions are influential--like Greece. The commonality of scenes like these seems to belie that argument, though.
Email ThisBlogThis!Share to XShare to Facebook
Posted in Credit Crisis, Europe, IMF, Labor | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Commercialism & Christmas in Non-Christian Societies
    Thailand features Christmas elephants, f'rinstance Your Asian correspondent--obviously Catholic with a name like "Emmanuel"--h...
  • Today's Resource Curse on Aussie Surfboard Mfg
    Little surfer, little one, make my heart come all undone...with your"Made in China" surfboard? Is there nothing sacred about beach...
  • How Scuderia Ferrari Improved a Hospital ICU [!]
    Longtime readers will know from my blog FAQs that I am most excited about the field of IPE borrowing from different social science discipli...
  • Patrice Lumumba Friendship University Revisited
    Younger readers probably don't know what the USSR's Patrice Lumumba Friendship University was, so a short introduction is required. ...
  • The Myth of the Inflexible Chinese Communist Party
    Some of you may be familiar with the US-China Economic and Security Review Commission (USCC) that was created by the American congress in 2...
  • United States vs S&P: Sovereign Ratings Next?
    It is with great interest that I am following the ongoing civil suit by the United States against the rating agency Standard and Poor's...
  • Island Lovin': Chasing Revenue in Cyprus, Falklands
    No pina coladas for you I'm afraid. On today's blogging menu are--can you believe it--tax cheats and squid. In the past I've en...
  • PRC vs Cultural Imperialism: Mao 1, Disco Stick 0
    I've talked about how a left-leaning British professor of my acquaintance claims that he does a roaring trade in consulting with PRC do...
  • And the World's Best Finance Minister is...
    Cesar Purisima of the Philippines for 2012 according to Euromoney. It just goes to show you how far the United States has fallen in the opi...
  • Palace Coup? World Bank Vets Pick Okonjo-Iweala
    News is becoming sparser as most of the Christian world slows for the Easter holidays. However, in the run-up to the selection of the next W...

Categories

  • Africa
  • Agriculture
  • Americana
  • Anti-Globalization
  • APEC
  • Bretton Woods Twins
  • Caribbean
  • Casino Capitalism
  • Cheneynomics
  • China
  • Commodities
  • Credit Crisis
  • CSR
  • Culture
  • Currencies
  • Demography
  • Development
  • ds Twins
  • Economic Diplomacy
  • Economic History
  • Education
  • Egypt
  • Energy
  • Entertainment
  • Environment
  • Europe
  • FDI
  • Gender Equality
  • Governance
  • Health
  • Hegemony
  • IMF
  • India
  • Innovation
  • Internet Governance
  • Japan
  • Labor
  • Latin America
  • Litigation
  • Marketing
  • Media
  • Microfinance
  • Middle East
  • Migration
  • Mining
  • MNCs
  • Neoliberalism
  • Nonsense
  • Religion
  • Russia
  • Security
  • Service Announcement
  • Socialism
  • Soft Power
  • South Asia
  • South Korea
  • Southeast Asia
  • Sports
  • Supply Chain
  • Trade
  • Travel
  • Underground Economy
  • United Nations
  • World Bank

Blog Archive

  • ►  2013 (183)
    • ►  December (15)
    • ►  November (17)
    • ►  October (19)
    • ►  September (21)
    • ►  August (14)
    • ►  July (17)
    • ►  June (16)
    • ►  May (8)
    • ►  April (9)
    • ►  March (13)
    • ►  February (14)
    • ►  January (20)
  • ▼  2012 (242)
    • ►  December (21)
    • ►  November (25)
    • ►  October (15)
    • ►  September (17)
    • ►  August (20)
    • ►  July (16)
    • ►  June (17)
    • ►  May (21)
    • ►  April (16)
    • ►  March (20)
    • ▼  February (26)
      • Government Motors, Peugeot's Would-Be "Saviour"
      • Thou Shalt Obey Thy Lord Mandy on Globalization
      • I [Heart] Empire: "Hong Kong Better Under Brits"
      • Japan Ponders Limits of National Superindebtedness
      • PIIGs in a Blanket: IMF & Reverse Robin Hood
      • Onshoring--You Macho Enough to Make in the USA?
      • Pro Death: US Congress Ponders Aborting Ex-Im Bank
      • Ranking World's Largest Container Port Operators
      • Egypt's Beer- & Bikini-Approving Muslim Brotherhood
      • 3 Cheers for Austerity: Iceland is Investment Grade
      • The Race is On to Succeed Zoellick at World Bank
      • TPP is Ludicrous: US Auto, Canadian Agri Edition
      • Day's EU Analogy: Greece 2012 = Versailles 1919
      • Not-So-Still Life: A Greek Riot Scene
      • Revisiting WWII, or When Adidas Made Bazookas
      • Asian Values 2012: Dr Mahathir Kicks West's Hiney
      • Poland's Bid to Become a European Big Beast
      • Kagan the American Exceptionalist Versus Math
      • Fat Chance Saloon: Japan Joining the TPP PTA
      • Choking Iran: Asian Dealings & Its IMF Membership
      • Capturing LSE Involvement in the London Riots
      • IMF Tries a Little Tenderness w/ Greece, Others
      • RMB Internationalization's Coming Along Fine, TY
      • Ry Cooder's Fine Soundtrack to American Decline
      • Attn Deficit Lovers: Why China Should Rule World
      • Asshat Stripping: RBS' Fred Goodwin De-Knighted
    • ►  January (28)
  • ►  2011 (75)
    • ►  December (23)
    • ►  November (21)
    • ►  October (27)
    • ►  September (4)
Powered by Blogger.

About Me

Unknown
View my complete profile