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ノーベル経済賞のジョセフ=スチグリツ(Joseph Stiglitz)氏は欧州連合の財政赤字削減政策の緊縮財政は、経済成長と信頼を破壊すると警告、公共投資による経済成長刺激を勧告
Stiglitz: “Ningún país ha salido de la crisis con austeridad”
El Nobel de Economía considera que el plan de Bruselas ha destruido el crecimiento y la confianza
Stiglitz: "No country has emerged from the crisis with austerity"
The Nobel Prize in Economics believes that the plan of Brussels has destroyed growth and confidence
The Country Madrid 20 JUN 2012 - 21:08 CET
The Nobel Prize in Economics believes that the plan of Brussels has destroyed growth and confidence
The Country Madrid 20 JUN 2012 - 21:08 CET
The Nobel Prize in Economics in 2001, Joseph Stiglitz, on Wednesday criticized the austerity strategy encouraged by Brussels to address the financial crisis. Considered that the plan to drastically reduce public spending "is probably doomed to failure."
Stiglitz warned that austerity has destroyed growth and confidence, and recalled that throughout history has not served out of a crisis. "No major economy has ever come out of a crisis with austerity, which does not give us much hope," Stiglitz said in his speech during the opening ceremony of the Labor Congress, economy and society organized by CCOO.
The Nobel laureate said the euro "is only in danger", as "a misdiagnosis by prescribing Europe has led to wrong solutions." At that point indicated that the current European bid for austerity "only makes things worse." So, defended the need to generate growth to stimulate demand, something that in his opinion, does not contribute labor reform in Spain.
Stiglitz warned that countries like Spain, Ireland and Portugal have embarked on fiscal consolidation processes without expectation of success. "The consequences of these policies will be deep and prolonged".
Moreover, Stiglitz harshly criticized the role of Germany in the European response to the crisis. And said that you should change your position if you want to allow long-term survival of the euro. "Germany will have to face reality, because otherwise changes position the euro may not survive long term," he said.
Stiglitz warned that austerity has destroyed growth and confidence, and recalled that throughout history has not served out of a crisis. "No major economy has ever come out of a crisis with austerity, which does not give us much hope," Stiglitz said in his speech during the opening ceremony of the Labor Congress, economy and society organized by CCOO.
The Nobel laureate said the euro "is only in danger", as "a misdiagnosis by prescribing Europe has led to wrong solutions." At that point indicated that the current European bid for austerity "only makes things worse." So, defended the need to generate growth to stimulate demand, something that in his opinion, does not contribute labor reform in Spain.
Stiglitz warned that countries like Spain, Ireland and Portugal have embarked on fiscal consolidation processes without expectation of success. "The consequences of these policies will be deep and prolonged".
Moreover, Stiglitz harshly criticized the role of Germany in the European response to the crisis. And said that you should change your position if you want to allow long-term survival of the euro. "Germany will have to face reality, because otherwise changes position the euro may not survive long term," he said.
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